Words T1

Bank fees

Many banks charge nominal fees for various services, such as requesting a deposit slip or counter check or notarizing a document. Bank fees generally constitute a major portion of revenue for the bank, particularly for regional and local branches.

Spanish translation: Comisiones bancarias 

Example:

-       ‘Bank fees are relatively easy to avoid, but I hadn’t done my homework, and I was paying the price for not paying attention. Let me save you that pain.’

Found in: http://www.forbes.com/sites/seanmcquay/2016/12/01/you-can-ease-the-bank-fee-bite/#5f4eaa75ede7

Credit card

A credit card is a card issued by a financial company giving the holder an option to borrow funds, usually at point of sale. Credit cards charge interest and are primarily used for short-term financing. Interest usually begins one month after a purchase is made, and borrowing limits are pre-set according to the individual's credit rating.

Spanish translation: Tarjeta de crédito

Examples:

-         - ‘Borrowing on credit cards and loans grew’

Found in: https://www.theguardian.com/money/2016/nov/24/consumer-credit-fastest-growth-10-years-personal-loans-overdraft

-‘The government is planning to ban "excessive" fees for using a debit or credit card to buy items such as tickets online.’

Found in: http://www.bbc.com/news/business-12430635

Investment Fund

An investment fund is a supply of capital belonging to numerous investors used
to collectively purchase securities while each investor retains ownership and control of his own shares. An investment fund provides a broader selection of investment opportunities, greater management expertise and lower investment fees than investors might be able to
obtain on their own. Types of investment funds include mutual funds, exchange-traded funds, money market funds and hedge funds. 

Spanish translation: Fondo de inversión 

Example:

-         - ‘The fund has invested in Fair Trade and organic-certified coffee cooperative
located in Ecuador.’

Found in: https://www.impactbase.org/info/examples-impact-investment-funds

Mortgage

A mortgage is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages are used by individuals and businesses to make large real estate purchases without paying the entire value of the purchase up front. Over a period of many years, the borrower repays the loan, plus interest, until he/she eventually owns the property free and clear.

Spanish translation: Hipoteca

Example:

-       ‘Mortgage loans are usually entered into by home buyers without enough cash on hand to purchase the home. They are also used to borrow cash from a bank for other projects using their house as collateral.’

Found in: http://www.investopedia.com/terms/m/mortgage.asp