Glossary


Browse the glossary using this index

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C

Cash

Physical money in coins and notes.


Comparison table

A chart used to compare the prices or features of different products or services.


Contactless Payment

A quick way to pay by tapping a card or phone without entering a PIN.


Cost

The amount of money required to pay for an item or service.


Credit

Money borrowed that must be paid back later, often with interest.


Cryptocurrencies

Digital forms of money that are not backed by a government or central bank. Prices can be very unpredictable and carry high risk.


Currency

The type of money a country uses, for example the UK's Pound Sterling (£: GBP), and the Euro (€: EUR).


Currency conversion

Changing money from one currency to another, like UK Pounds (£: GBP) to Euros (€: EUR)..


Currency symbols

Symbols that represent different currencies, for example £ for British pounds, € for Euros, and $ for US Dollars.


Current account

A bank account for everyday use which allows you to add and withdraw money, and make payments online or with a debit card.