““The History of The History of Money”Money”

VocabularyVocabulary

tellerteller

Today, many of Today, many of the duties that the duties that used to be done used to be done by a bank by a bank tellerteller, , a real person, a real person, are done by are done by machines.machines.

tellerteller

N.N. a bank clerk who gives out or a bank clerk who gives out or receives moneyreceives money

automatedautomated

You see these replacements for You see these replacements for people, such as people, such as automatedautomated teller teller machines, every day.machines, every day.

automatedautomated

Adj.Adj. controlled by machines controlled by machines

feefee

For a For a feefee that is often a dollar, these that is often a dollar, these machines give you money.machines give you money.

feefee

n.n. payment payment

currencycurrency

Suddenly, you Suddenly, you have real have real currencycurrency to buy to buy what you need.what you need.

currencycurrency

n.n. Money used in a country Money used in a country

loansloans

Sometimes you can even get a Sometimes you can even get a loanloan from these machines, but don’t forget from these machines, but don’t forget you have to repay it.you have to repay it.

loansloans

n.n. Money given that must be repaid, Money given that must be repaid, often with interestoften with interest

barteringbartering

We’ve come a long way from the days We’ve come a long way from the days of of barteringbartering, when you traded , when you traded something to get what you wanted.something to get what you wanted.

barteringbartering

v.v. Trading goods and services without Trading goods and services without using moneyusing money