Higher Education Finance

2 words in this vocabulary list

noun A person who manages the financial matters of a college or university, such as collecting fees and paying salaries.

  • The bursar is responsible for managing the university's finances.
  • I need to go see the bursar to sort out my tuition payment.
  • The bursar is the one who handles all the money stuff around here.
  • In the world of finance, the bursar is like the gatekeeper to financial stability.

noun a sum of money that is borrowed and expected to be paid back with interest

verb to lend (someone) something, typically money, under an agreement that the borrower will return the same amount at a later date

  • The bank approved my loan application for a new house.
  • I had to take out a loan to pay for my car repairs.
  • I'm broke, so I might have to ask for a loan from my friend.
  • She felt like she was borrowing happiness on loan, knowing it wouldn't last forever.