employer, especially someone in a profession, such as a teacher or a lawyer Some managers earn annual salaries of over 80,000.Use wages to refer to the money that someone is paid every week by their employer, especially someone who works in a factory or a shop Some companies pay higher wages than others.!! Do not use wages before a noun. Use wage wage earnersSomeone's income is all the money that they receive regularly, for work or for any other reason families on low incomes Rent from the old farm was their only source of income.Use fee to refer to the money paid to a lawyer, doctor, or similar qualified worker for a piece of work they have done Your accountant's fees are too high. legal feesFinancefinance1 [uncountable] the management of money by governments, large organizations etc:leasing and other forms of business financeRussia's finance ministerthe world of high finance (=financial activities involving very large amounts of money)2 finances [plural] the money that an organization or person has, and the way that they manage it:concerns about the company's financesShe refused to answer questions about her personal finances.3 [uncountable] money provided by a bank or other institution to help buy or do somethingfinance forWe need to raise finance for further research.Bankingbanking [uncountable]the business of a bank:the international banking system Insurance insurance1 [uncountable] an arrangement with a company in which you pay them money, especially regularly, and they pay the costs if something bad happens, for example if you become ill or your car is damaged [ assurance, third party insurance]:Your father took out insurance to cover the mortgage.health/car/travel etc insuranceinsurance againstinsurance against loss of income due to unemploymentinsurance on/forDo you have insurance on your house and its contents?claim (for) something on your insurance (=get an insurance company to pay for something)We can probably claim the damage on our insurance. life insurance2 [uncountable] the business of providing insurance:My brother works in insurance.insurance company/group etcthe insurance industry3 [uncountable] British English the money that you pay regularly to an insurance company [= insurance premium]insurance onHow much is the insurance on your car?4 [singular, uncountable] protection against something bad happeninginsurance againstAn extra lock on the door is an added insurance against burglars.Loans loan1 [countable] an amount of money that you borrow from a bank etcCOLLOCATIONS take out a loan (=borrow money)repay/pay off/pay back a loan (=give back money you have borrowed)make a loan American English (=give someone a loan)bank loan (=money lent by a bank)car/home loan (=a loan to buy a car etc)personal loan (=money lent to an individual)business loan (=money lent to a business)student loan (=money lent to students to pay for university)interest-free loan (=a loan on which you only repay the amount you borrowed)loan repaymentloan ofa loan of 60,000I had to take out a loan to buy my car.It'll be years before we've paid off the loan.The organization was allowed to make loans to private businesses. I'll get a bank loan if necessary. The average home loan is now almost triple what it was at the beginning of the Eighties. An interest-free loan fund is available for