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      • Native Language:
      • Ukrainian
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      • Ukraine
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      • Ukraine

    • Join Date: Apr 2010
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    #1

    worth of stuff each hour

    Please look at the sentence and explain to me:

    (1) "Around the world, people use Visa cards to pay for, on average, $643 milliom worth of stuff each hour." What does "worth of stuff" stand for?

    (2) Visa often gets a cut there, too, since the company has a growing ATM business - What does "get a cut" mean here?

    Thank you very much

  1. 5jj's Avatar
    • Member Info
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      • British English
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      • England
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      • Czech Republic

    • Join Date: Oct 2010
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    #2

    Re: worth of stuff each hour

    The value of the stuff, the products and services, paid for every hour by Visa is $643 million dollars.

    Visa earns a cut, a percentage, of this.

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