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Phrasal verbs - debts, profits and loans

Longman Business English Dictionary

All the words and definitions in this exercise come from the Longman Business English Dictionary. All these phrasal verbs are used to talk about money.

Choose the correct verb in each of the sentences below.

bale out
call in
chalk up
charge off
draw down
roll over

1.
   Your bank wants you to pay back the money they lent you. They are the debt.
   
2.
   Your company has lost money that it was unable to collect from its debtors. It has $ 30,000 in debts.
   
3.
   Your company is doing very well. It has profits of £2.5 million this year.
   
4.
   Your bank has agreed to help save your business. They are your company with a loan of $ 25,000.
   
5.
   Your company h as taken out a new loan to replace one that had come to its end. You have your loan.
   
6.
   You want to take some money out of an existing loan, so that you can use it to expand your business; you the remaining $ 8,000 of the loan.


Incorrect Answers

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