Topic: What is money about? 

Money is a mode of payment accepted by both sellers and buyers for goods and services. Money is what we give in return when we buy stuff like food, clothes, house, groceries, etc. We give money in return for purchasing anything. This is a simple trade or exchange.

Vocabulary 

- currency: a system of money in general use in a particular country.

"the dollar was a strong currency"

- mint: a place where money is coined, especially under state authority.

"die links between coins indicate that they were made at the same mint"

- invented: create or design (something that has not existed before); be the originator of.

"he invented an improved form of the steam engine"

- purchase: acquire (something) by paying for it; buy.

"Mr Gill spotted the manuscript at a local auction and purchased it for £1,500"

- record: set down in writing or some other permanent form for later reference.

"they were asked to keep a diary and record everything they ate or drank"

- worth: the level at which someone or something deserves to be valued or rated.

"they had to listen to every piece of gossip and judge its worth"

Grammar

- paticipial adjectives (e.g. worn out, torn): Some adjectives have two forms. For example, "bored" and "boring". These are called participial adjectives. A participle is a word that can act as a verb or an adjective. In this lesson, we are mainly looking at when these words are used as adjectives.  

Homework: