B2 Unit 98: Business & economy 5
16 B2 words: lucrative, giveaway, refinery, prosper, reinforcement, modernization… Learn them in 4 steps, then review them every day.
Word list
| Word | Meaning | Example | |
|---|---|---|---|
| lucrative/ˈlukrətɪv/ adj | lucrativeproducing a lot of money | Maria found a lucrative job at a software company.Maria found a lucrative job at a software company. | |
| giveaway/ˈɡɪvəˌweɪ/ n | giveawaysomething given free to attract customers | The shop gave away a free pen as a giveaway.The shop gave away a free pen as a giveaway. | |
| refinery/rɪˈfaɪnɚi/ n | refinerya factory that cleans and prepares raw materials | The oil from the refinery is sent to petrol stations.The oil from the refinery is sent to petrol stations. | |
| prosper/ˈprɑspɚ/ v | to prosperto be successful and do well | Small shops can prosper if they serve their neighbors well.Small shops can prosper if they serve their neighbors well. | |
| reinforcement/ˌriɪnˈfɔrsmənt/ n | reinforcementextra support to make something stronger | The old bridge needs reinforcement before more trucks use it.The old bridge needs reinforcement before more trucks use it. | |
| modernization/ˌmɑdɚnəˈzeɪʃən/ n | modernizationmaking something up to date | The modernization of the factory took two years.The modernization of the factory took two years. | |
| pallet/ˈpælət/ n | palleta flat wooden platform for moving goods | Workers loaded the boxes onto a wooden pallet.Workers loaded the boxes onto a wooden pallet. | |
| stockpile/ˈstɑkˌpaɪl/ n | stockpilea large store of supplies | The shop has a stockpile of winter coats.The shop has a stockpile of winter coats. | |
| mogul/ˈmoʊɡəl/ n | mogula very rich and powerful business person | The media mogul owns several television channels.The media mogul owns several television channels. | |
| modernize/ˈmɑdɚˌnaɪz/ v | to modernizeto make up to date | The company will modernize its old factory.The company will modernize its old factory. | |
| ruinous/ˈruənəs/ adj | ruinouscausing serious damage or loss of money | The ruinous cost of repairs nearly destroyed the small business.The ruinous cost of repairs nearly destroyed the small business. | |
| downsize/ˈdaʊnˌsaɪz/ v | to downsizeto make a business smaller to save money | The company had to downsize and close two of its offices.The company had to downsize and close two of its offices. | |
| salesmanship/ˈseɪlzmənˌʃɪp/ n | salesmanshipthe skill of persuading people to buy | His salesmanship was so good that he sold ten cars in a day.His salesmanship was so good that he sold ten cars in a day. | |
| industrialize/ˌɪnˈdʌstriəˌlaɪz/ v | to industrializeto develop factories and industry | Many countries began to industrialize during the nineteenth century.Many countries began to industrialize during the nineteenth century. | |
| mechanize/ˈmɛkəˌnaɪz/ v | to mechanizeto use machines to do work | Farmers began to mechanize their work with new machines.Farmers began to mechanize their work with new machines. | |
| glocal adj | glocalcombining global and local ideas | The brand uses a glocal strategy: a global product adapted to local tastes.The brand uses a glocal strategy: a global product adapted to local tastes. |