C2 Unit 19: Business & economy 1
16 C2 words: secure, audit, commodity, proposition, proprietary, subsidy… Learn them in 4 steps, then review them every day.
Word list
| Word | Meaning | Example | |
|---|---|---|---|
| secure/sɪˈkjʊr/ v | to secureto obtain something with effort | The company managed to secure a large loan from the bank.The company managed to secure a large loan from the bank. | |
| audit/ˈɔdɪt/ v | to auditto officially check financial accounts | An accountant will audit the company’s records every year.An accountant will audit the company’s records every year. | |
| commodity/kəˈmɑdəti/ n | commoditya raw material or product that is traded | Coffee is one of the most traded commodities in the world.Coffee is one of the most traded commodities in the world. | |
| proposition/ˌprɑpəˈzɪʃən/ n | propositionan offer or suggestion made to someone | The manager made an attractive proposition to the young designer.The manager made an attractive proposition to the young designer. | |
| proprietary/prəˈpraɪəˌtɛri/ adj | proprietaryowned by a company and legally protected | The firm keeps its recipe as proprietary information.The firm keeps its recipe as proprietary information. | |
| subsidy/ˈsʌbsɪdi/ n | subsidymoney given to help an industry | The government pays a subsidy to help local farmers.The government pays a subsidy to help local farmers. | |
| profitability/ˌprɑfɪtəˈbɪlɪti/ n | profitabilitythe ability to make a profit | The new manager improved the profitability of the small shop.The new manager improved the profitability of the small shop. | |
| utilization/ˌjutələˈzeɪʃən/ n | utilizationthe act of using something effectively | The factory improved its utilization of energy and raw materials.The factory improved its utilization of energy and raw materials. | |
| contractual/kənˈtræktʃuəl/ adj | contractualrelating to a legal agreement | Both sides signed the agreement and accepted their contractual duties.Both sides signed the agreement and accepted their contractual duties. | |
| conglomerate/kənˈɡlɑmɚət/ n | conglomeratea big company made of many different businesses | A large conglomerate bought several small food companies.A large conglomerate bought several small food companies. | |
| beneficiary/ˌbɛnəˈfɪʃiˌɛri/ n | beneficiarya person who gains from something | Maria was named the main beneficiary of her aunt’s will.Maria was named the main beneficiary of her aunt’s will. | |
| clinch/klɪntʃ/ v | to clinchto settle something successfully | After long talks, the team managed to clinch the deal.After long talks, the team managed to clinch the deal. | |
| mercantile/ˈmɝkənˌtaɪl/ adj | mercantilerelating to trade and merchants | The port city grew rich through mercantile trade.The port city grew rich through mercantile trade. | |
| intermediary/ˌɪnɚˈmidiɛri/ n | intermediarya person who helps two sides communicate | A lawyer acted as intermediary between the two companies.A lawyer acted as intermediary between the two companies. | |
| attrition/əˈtrɪʃən/ n | attritiona gradual loss of people through leaving | Staff attrition rose when the pay was cut.Staff attrition rose when the pay was cut. | |
| burgeoning/ˈbɝdʒənɪŋ/ adj | burgeoninggrowing quickly | The burgeoning city attracted young workers from across the country.The burgeoning city attracted young workers from across the country. |