Here are ten English vocabulary words relevant to bank job aspirants, along with their meanings, synonyms, antonyms, and examples of usage:

1. Collateral
   • Meaning: Property or assets offered to secure a loan.
   • Synonyms: Security, guarantee.
   • Antonyms: Liability, debt.
   • Sentences:
     1. The borrower provided his car as collateral for the loan.
     2. Banks require collateral to minimize the risk of lending.
2. Amortization
   • Meaning: Gradual repayment of a loan over a period of time.
   • Synonyms: Payment, clearance.
   • Antonyms: Accumulation, default.
   • Sentences:
     1. The amortization schedule helps borrowers plan their repayments efficiently.
     2. Understanding amortization is vital for managing long-term debt.
3. Liquidity
   • Meaning: The ability to convert assets into cash quickly without significant loss.
   • Synonyms: Cash flow, solvency.
   • Antonyms: Illiquidity, insolvency.
   • Sentences:
     1. Maintaining liquidity is crucial for banks during financial crises.
     2. The company increased its liquidity by selling non-essential assets.
4. Interest
   • Meaning: The cost of borrowing money, expressed as a percentage.
   • Synonyms: Rate, charge.
   • Antonyms: Principal (in financial context).
   • Sentences:
     1. The interest on her savings account has doubled over the years.
     2. Banks compete to offer lower interest rates to attract borrowers.
5. Overdraft
   • Meaning: A facility allowing withdrawal beyond the account balance.
   • Synonyms: Shortfall, deficit.
   • Antonyms: Deposit, credit.
   • Sentences:
     1. The customer utilized her overdraft facility to pay unexpected bills.
     2. An overdraft often incurs higher interest rates.
6. Insure
   • Meaning: To protect financially against loss or damage.
   • Synonyms: Cover, safeguard.
   • Antonyms: Risk, endanger.
   • Sentences:
     1. It is mandatory to insure valuables against theft.
     2. Banks encourage customers to insure their properties.
7. Reconciliation
   • Meaning: The process of ensuring two financial records match.
   • Synonyms: Settlement, balance.
   • Antonyms: Discrepancy, disagreement.
   • Sentences:
     1. Regular reconciliation helps banks identify errors in transactions.
     2. The accountant performed reconciliation of the client’s accounts.
8. Deflation
   • Meaning: A decrease in the general price levels of goods and services.
   • Synonyms: Downturn, reduction.
   • Antonyms: Inflation, escalation.
   • Sentences:
     1. Deflation can negatively impact loan repayments.
     2. Economic policies aim to avoid prolonged deflation.
9. Audit
   • Meaning: An official examination of accounts and records.
   • Synonyms: Review, inspection.
   • Antonyms: Neglect, oversight.
   • Sentences:
     1. The annual audit uncovered inconsistencies in the financial statements.
     2. Banks conduct audits to ensure compliance with regulations.
10. Leverage
    • Meaning: The use of borrowed capital to increase potential returns.
    • Synonyms: Advantage, influence.
    • Antonyms: Disadvantage, weakness.
    • Sentences:
      1. Investors use leverage to amplify their gains in financial markets.
      2. Excessive leverage can lead to financial instability.

Read this also : AP Mega DSC Notification Released

Read this also : TGSRTC Recruitment : 3,038 Vacancies to be Filled Soon!