Enriching the Lesson 17
Terms
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- imbroglio
- A difficult or intricate situation; an entanglement.
- market economy
- An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy.
- deflation
- The act of deflating or the condition of being deflated.
- free enterprise
- The freedom of private businesses to operate competitively for profit with minimal government regulation.
- deficit
- A situation in which liabilities exceed assets, expenditures exceed income, imports exceed exports, or losses exceed profits.
- virtuoso
- A musician with masterly ability, technique, or personal style.
- defy
- To oppose or resist with boldness and assurance
- scenario
- An outline of the plot of a dramatic or literary work.
- economic climate
- An environment that is surrounded by money.
- showboating
- One who seeks attention by ostentatious behavior
- pinch-hit for
- To substitute for another in a time of need.
- steadfast
- Fixed or unchanging; steady.
- medium of exchange
- Something, such as a precious metal, that is commonly used in a specific area or among a certain group of people as money.
- cognoscenti
- A person with superior, usually specialized knowledge or highly refined taste; a connoisseur.
- a front-runner
- One that is in a leading position in a race or other competition
- stymied
- To thwart; stump
- quirk
- A peculiarity of behavior; an idiosyncrasy
- purloin
- To steal, often in a violation of trust.
- tempo
- The speed at which music is or ought to be played, often indicated on written compositions by a descriptive or metronomic direction to the performer.
- start out with two strikes against you
- Starting off the game already losing.
- kick off a campaign
- to mark the beginning of
- bull market
- A financial market of a certain group of securities in which prices are rising or are expected to rise.
- debacle
- A sudden, disastrous collapse, downfall, or defeat
- motto
- A brief statement used to express a principle, goal, or ideal.
- forte
- Something in which a person excels.
- prima donna
- The leading woman soloist in an opera company; a temperamental, conceded person.
- squadron
- A naval unit consisting of two or more divisions of a fleet.
- have an ace up one's sleeve
- to have an advantage that other people do not know about.
- depression
- The condition of feeling sad or despondent.
- incognito
- With one's identity disguised or concealed.
- libretto
- The text of a dramatic musical work, such as an opera.
- inordinate
- Exceeding reasonable limits; immoderate
- prodigal
- Rashly or wastefully extravagant
- inadvertent
- Not duly attentive.
- national debt
- The total financial obligations of a national government.
- manifesto
- A public declaration of principles, policies, or intentions, especially of a political nature.
- boom
- A period of time during which sales or business activity increases rapidly.
- surplus
- An amount or a quantity in excess of what is needed.
- gala
- A festive occasion, especially a lavish social event or entertainment.
- private sector
- All economic activity other than that of government.
- vista
- A distant view or prospect, especially one seen through an opening, as between rows of buildings or trees.
- monopoly
- Exclusive control by one group of the means of producing or selling a commodity or service
- put on a full-court press
- A strong, diversified effort
- recession
- The temporary act of withdrawing or going back.
- salvo
- A simultaneous discharge of firearms.
- liability
- The financial obligations entered in the balance sheet of a business enterprise.
- asset
- A useful or valuable quality, person, or thing; an advantage or resource
- redoubtable
- Arousing fear or awe; formidable.
- erratic
- Having no fixed or regular course; wandering.
- a goal-line stand
- A strong defensive effort in which the opposition's repeated attempts to score from very close to the goal line are turned back.
- preclude
- To make impossible, as by action taken in advance; prevent.
- a stalemate
- A situation in which further action is blocked
- vendetta
- A feud between two families or clans that arises out of a slaying and is perpetuated by retaliatory acts of revenge
- quarantine
- A period of time during which a vehicle, person, or material suspected of carrying a contagious disease is detained at a port of entry under enforced isolation to prevent disease from entering a country.
- torso
- The human body excluding the head and limbs
- graffiti
- Form of visual communication, usually illegal, involving the unauthorized marking of public space by an individual or group.
- a long shot
- An entry, as in a horserace, with only a slight chance of winning
- a gambit
- A maneuver, stratagem, or ploy, especially one used at an initial stage.
- gross national product
- An economic statistic that includes GDP, plus any income earned by residents from overseas investments, minus income earned within the domestic economy by overseas residents.
- sotto voce
- In soft tones, so as not to be overheard; in an undertone
- egregious
- Conspicuously bad or offensive.
- oscillate
- To swing back and forth with a steady, uninterrupted rhythm
- maneuver
- A strategic or tactical military or naval movement.
- par for the course
- An average or normal amount; just what one might expect.
- . a Monday morning quarterback
- One who criticizes or passes judgment from a position of hindsight
- windfall profits
- Profit that occurs suddenly as a result of an event not controlled by the person or company profiting from the event.
- solo
- A composition or passage for an individual voice or instrument, with or without accompaniment.
- parry a blow
- avoid or try to avoid, as of duties, questions and issues
- hotdog
- A person who performs showy, often dangerous stunts, especially but not exclusively in sports; also, a showoff
- studio
- An artist's workroom.
- inflation
- A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services.