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B2 Unit 67: Business & economy 3

18 B2 words: acquisition, segment, venture, export, manufacturer, stake… Learn them in 4 steps, then review them every day.

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Word list

WordMeaningExample
acquisition/ˌækwəˈzɪʃən/ nacquisitionthe act of buying a company or thingThe company announced the acquisition of a small firm.The company announced the acquisition of a small firm.
segment/ˈsɛɡmənt/ nsegmentone part of a larger wholeThe programme has a news segment at the end.The programme has a news segment at the end.
venture/ˈvɛntʃɚ/ nventurea new business or risky projectOmar started a new business venture with a friend.Omar started a new business venture with a friend.
export/ˈɛkspɔrt/ n/vexportgoods sold to another countryThe country exports wine and olive oil.The country exports wine and olive oil.
manufacturer/ˌmænjəˈfæktʃɚɚ/ nmanufacturera company that makes goodsThe manufacturer promised to repair the broken machine for free.The manufacturer promised to repair the broken machine for free.
stake/steɪk/ nstakean interest or share in somethingWorkers have a big stake in the success of the company.Workers have a big stake in the success of the company.
inflation/ˌɪnˈfleɪʃən/ ninflationa general rise in pricesHigh inflation makes food and rent more expensive.High inflation makes food and rent more expensive.
provision/prəˈvɪʒən/ nprovisionarrangements made to supply somethingThe government made provision for new schools in the budget.The government made provision for new schools in the budget.
availability/əˌveɪləˈbɪləti/ navailabilitywhether something can be obtained or usedCheck the availability of rooms before you book the hotel.Check the availability of rooms before you book the hotel.
bankruptcy/ˈbæŋkrəpsi/ nbankruptcybeing unable to pay what you oweThe company went into bankruptcy after losing its biggest customer.The company went into bankruptcy after losing its biggest customer.
closure/ˈkloʊʒɚ/ nclosurethe act of shutting something permanentlyThe closure of the factory left many people without jobs.The closure of the factory left many people without jobs.
import/ˌɪmˈpɔrt/ vto importto bring goods in from another countryOur country has to import most of its oil.Our country has to import most of its oil.
deficit/ˈdɛfəsət/ ndeficitwhen spending is greater than incomeThe government is trying to reduce the budget deficit.The government is trying to reduce the budget deficit.
audit/ˈɔdɪt/ nauditan official check of financial recordsAn outside company will audit our accounts every year.An outside company will audit our accounts every year.
sponsor/ˈspɑnsɚ/ vto sponsorto pay for an event or personA local bank agreed to sponsor the school concert.A local bank agreed to sponsor the school concert.
profitable/ˈprɑfətəbəl/ adjprofitablemaking a gain of moneyTheir small online shop became profitable after two years.Their small online shop became profitable after two years.
seller/ˈsɛlɚ/ nsellera person who sells somethingThe seller gave me a fair price for my old bike.The seller gave me a fair price for my old bike.
outlet/ˈaʊtˌlɛt/ noutleta shop selling goods directly from a makerThis outlet sells good clothes at low prices.This outlet sells good clothes at low prices.