Nepali, the official language of Nepal, is rich with terms that are essential for navigating various aspects of life in the country, including financial transactions. Whether you’re a business professional, a tourist, or someone moving to Nepal, understanding these terms can be incredibly beneficial. This article will explore some of the most common Nepali terms used in financial transactions, providing you with a useful guide to better understand and communicate in financial contexts in Nepal.
Basic Financial Terms
One of the first steps to becoming familiar with financial transactions in Nepali is to understand some basic terms. These words form the foundation of any financial conversation, so let’s start with them:
1. **Paisa** (पैसा): This term is used to refer to money in general. It is one of the most commonly used words and is essential for any financial discussion.
2. **Rupaiyaa** (रुपैयाँ): This is the term for the Nepali currency, which is the Nepalese Rupee (NPR). It’s crucial to know this word when discussing amounts and prices.
3. **Daam** (दाम): An older term that is sometimes still used to refer to money. It is less common but good to know.
Banking Terms
When dealing with banks, whether opening an account, depositing money, or applying for a loan, several specific terms come up frequently:
1. **Bank** (बैंक): The word for bank is quite straightforward and similar to the English term.
2. **Khaataa** (खाता): This term means account, and it’s used in various contexts like savings accounts, current accounts, etc.
3. **Jamaa Garnu** (जमा गर्नु): This phrase means to deposit money. You might hear this at the bank when you are putting money into your account.
4. **Rakam** (रकम): This term refers to an amount of money. It’s often used when discussing sums of money.
5. **Karja** (कर्जा): This is the term for a loan. Whether you’re talking about a personal loan, home loan, or business loan, this word will come up.
Payment and Transactions
When making payments or discussing transactions, several specific terms are commonly used:
1. **Bhoktaani Garnu** (भुक्तानी गर्नु): This phrase means to make a payment. Whether you’re paying a bill or settling a debt, this term is essential.
2. **Rashid** (रशिद): This is the term for a receipt, which is important to ask for after making any payment.
3. **Bharaunu** (भर्नु): This means to fill or to pay. For example, “bill bharaunu” means to pay a bill.
4. **Saato Saato Garnu** (साटो साटो गर्नु): This means to exchange, typically used for currency exchange.
5. **Dena Linu** (देना लिनु): This phrase means to give and take, often used in the context of transactions.
Investment Terms
For those interested in investments, there are specific terms that you should know:
1. **Lagaani Garnu** (लगानी गर्नु): This means to invest. Whether you’re investing in stocks, bonds, or real estate, this term is crucial.
2. **Labh** (लाभ): This term means profit. It’s used in discussions about the returns on investments.
3. **Nukshaan** (नोक्सान): This term means loss. It’s the opposite of profit and is equally important in financial discussions.
4. **Punji** (पुँजी): This term refers to capital. It’s used in various contexts, such as capital investment or capital gains.
5. **Share** (शेयर): This term means share, as in a share of stock. It’s used in the context of the stock market.
Taxation Terms
Understanding taxation terms is crucial for both individuals and businesses:
1. **Kar** (कर): This is the general term for tax. It’s used in various contexts like income tax, property tax, etc.
2. **Aaya Kar** (आय कर): This phrase means income tax. It’s a specific type of tax levied on individual or business income.
3. **Bhansar Kar** (भन्सार कर): This means customs duty, a tax on imports and exports.
4. **Sewa Kar** (सेवा कर): This term refers to service tax, which is levied on service providers.
5. **Kar Chhutt** (कर छुट): This phrase means tax exemption or tax relief. It’s used in contexts where certain incomes or activities are exempt from taxation.
Business Terms
For those involved in business, whether as an entrepreneur or an employee, several terms are frequently used:
1. **Byapar** (व्यापार): This term means business or trade. It’s a broad term used in various contexts.
2. **Nafa Nuksan** (नाफा नोक्सान): This phrase means profit and loss. It’s crucial for any business discussion.
3. **Mol** (मूल्य): This term means price. It’s used when discussing the price of goods or services.
4. **Bikri** (बिक्री): This means sales. It’s used in the context of selling goods or services.
5. **Kharcha** (खर्च): This term refers to expenses. It’s used in personal finance as well as business finance contexts.
Negotiation and Bargaining Terms
Negotiation and bargaining are common in many parts of Nepal, especially in markets and bazaars. Knowing the following terms can be very useful:
1. **Mol Molaa Garnu** (मोल मोल गर्नु): This phrase means to bargain. It’s commonly used in markets where prices are negotiable.
2. **Sasto** (सस्तो): This term means cheap or inexpensive. It’s often used when negotiating prices.
3. **Mahango** (महँगो): This means expensive. It’s the opposite of “sasto” and equally important in negotiations.
4. **Chhut** (छुट): This term means discount. It’s commonly used when asking for a reduction in price.
5. **Antim Mol** (अन्तिम मूल्य): This phrase means final price. It’s used to indicate the last offer or the final agreed-upon price in a negotiation.
Insurance Terms
Understanding insurance-related terms can also be very beneficial:
1. **Beema** (बीमा): This term means insurance. It’s used in various contexts like health insurance, life insurance, etc.
2. **Beema Darta Garnu** (बीमा दर्ता गर्नु): This phrase means to enroll in insurance. It’s used when signing up for an insurance policy.
3. **Beema Premium** (बीमा प्रिमियम): This term refers to the insurance premium, the amount you pay for your insurance policy.
4. **Beema Dava** (बीमा दावा): This means insurance claim. It’s used when you are making a claim on your insurance policy.
5. **Beema Dhakaa** (बीमा ढाका): This term means insurance coverage. It’s used to describe what is covered under an insurance policy.
Common Phrases in Financial Contexts
Finally, let’s look at some common phrases that you might encounter in various financial contexts:
1. **Tapaaiko Bank Khaataa Kati Cha?** (तपाईंको बैंक खाता कति छ?): This means “How much is in your bank account?” It’s a straightforward question about your account balance.
2. **Maile Rakam Jamaa Gareko Chu** (मैले रकम जम्मा गरेको छु): This means “I have deposited the amount.” It’s useful when informing someone that you’ve made a deposit.
3. **Yo Rashid Linu Hos** (यो रशिद लिनुहोस्): This means “Please take this receipt.” It’s a polite way to hand over a receipt after a transaction.
4. **Tapaaiko Lagaani Kati Labh Banecha?** (तपाईंको लगानी कति लाभ बनेछ?): This means “How much profit has your investment made?” It’s a question about the returns on an investment.
5. **Kar Chhutt Ko Laagi Kasari Apply Garnu?** (कर छुट को लागि कसरी आवेदन गर्नु?): This means “How to apply for a tax exemption?” It’s a question about the process for getting tax relief.
Conclusion
Understanding these common Nepali terms in financial transactions can make your experience in Nepal smoother and more efficient. Whether you’re dealing with banks, making payments, negotiating prices, or managing investments, knowing these terms will help you communicate more effectively and navigate financial situations with greater ease. As you continue to learn and use these terms, you’ll find that your confidence in handling financial matters in Nepali will grow, making your interactions more successful and stress-free. Happy learning!
