GLRP
Terms
undefined, object
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- exports
- to send goods to another country for sale:
- trading partners
- the activity of buying and selling, or exchanging, goods and/or services between people or countries:
- unemployement
- not having a job that provides money:
- inflation
- general, continuous increase in prices
- export
- to send goods to another country for sale
- unemployment
-
noun [U]
1 NUMBER the number of people who are unemployed
a rise/fall in unemployment
The unemployment rate has increased to 20 percent.
2 NO JOB when you do not have a job - taxation
- the system of taxing people
- revenue
-
noun [U] (ALSO revenues)
the income that a government or company receives regularly:
Taxes provide most of the government's revenue.
Government revenues fell dramatically. - GDP
-
SPECIALIZED ABBREVIATION FOR Gross Domestic Product: the total value of goods and services produced by a country in a year:
If the GDP continues to shrink, the country will be in a recession. - manufacture
-
verb [T]
to produce goods in large numbers, usually in a factory using machines:
He works for a company that manufactures car parts.
The report notes a rapid decline in manufactured goods - cluster
-
group noun [C]
a group of similar things that are close together, sometimes surrounding something:
Have a look at the cluster of galaxies in this photograph.
There was a cluster of fans around him, asking for autographs. - brand
- a type of product made by a particular company
- recession
- a period when the economy of a country is not successful and conditions for business are bad
- produce
- to make something or bring something into existence:
- Productivity
- to make something or bring something into existence:
- income
-
noun [C or U]
money that is earned from doing work or received from investments:
Average incomes have risen by 4.5% over the past year.
More help is needed for people on low incomes.
I haven't had much income from my stocks and shares this year - corruption
-
adjective
1 dishonestly using your position or power to your own advantage, especially for money:
Both companies are under investigation for corrupt practices.
The whole system was corrupt - every official she approached wanted money before helping her. - investment
-
investment noun [C or U]
invest verb [I or T]
to put money, effort, time etc. into something to make a profit or get an advantage - global (WORLD)
-
adjective
relating to the whole world - brand (PRODUCT)
-
noun [C]
1 a type of product made by a particular company
2 brand of sth a particular type of something, or way of doing something - economic
-
adjective [after noun]
relating to trade, industry and money - growth
-
noun
1 [U] The growth of a person, animal or plant is its process of increasing in size:
A balanced diet is essential for healthy growth.
2 [U] an increase in the size or the importance of something -
privatization
privatize -
noun [U]
The last few years have seen the privatization of many industries previously owned by the state.
verb [T]
If a government privatizes an industry, company or service that it owns and controls, it sells it so that it becomes privately owned and controlled - stability
-
noun [U]
when something is not likely to move or change - interest rate
-
noun [U]
1 money which is charged by a bank or other financial organization for borrowing money:
I got a loan with an interest rate of 10%. - flexible
-
adjective
able to bend or to be bent easily without breaking:
Rubber is a flexible substance.
Dancers and gymnasts need to be very flexible (= able to bend their bodies easily). - corrupt
-
adjective
1 dishonestly using your position or power to your own advantage, especially for money:
Both companies are under investigation for corrupt practices.
The whole system was corrupt - every official she approached wanted money before helping her. - clusters
-
a group of similar things that are close together, sometimes surrounding something
People clustered around the noticeboard to read the exam results. - global brands
- relating to the whole world
- economic growth
- the intentional saving of money or, less commonly, the saving of time, energy, words, etc
- Trading partner
- the activity of buying and selling, or exchanging, goods and/or services between people or countries
- Balance
-
noun
1 WEIGHT [U] when the weight of someone or something is spread in such a way that they do not fall over
I lost my balance and fell off the bike.
The force of the explosion threw him off balance (= it was difficult for him to stay standing).
2 EQUAL [U,no plural] when the correct amount of importance is given to each thing so that a situation is successful
We hope to strike a balance between police powers and the protection of citizens.
The new factory will destroy the ecological balance in the area.
3 FAIR [U] when you consider all the facts in a fair way
I felt his report lacked balance.
4 on balance used to give your opinion after you have considered all the facts about something
On balance, I'd prefer a woman dentist to a man.
5 MONEY [C] the amount of money that you still have to pay, or that you have left to use
[usually singular] I always pay off the balance on my credit card each month.
6 be/hang in the balance
If something hangs in the balance, nobody knows if it will continue to exist in the future or what will happen to it.
After a bad year, Judd's career hung in the balance. - corporate
-
adjective
1 [before noun] relating to a large company:
corporate finance
a corporate merger
corporate executives
2 FORMAL of or shared by a whole group and not just of a single member:
All adults take corporate responsibility for the upbringing of the tribe's children. - regulation /deregulate
-
noun [C or U]
an official rule or the act of controlling:
safety/health/traffic/fire/security regulations
The correct procedure is laid down in the rules and regulations.
government regulation of inflation
verb [T]
to remove national or local government controls or rules from a business or other activity:
The government plans to deregulate the banking industry/the bus system. - Corporate Governance
-
adjective
1 [before noun] relating to a large company:
corporate finance
a corporate merger
corporate executives - Regulation
-
noun [C or U]
an official rule or the act of controlling:
safety/health/traffic/fire/security regulations
The correct procedure is laid down in the rules and regulations.
government regulation of inflation -
income
noun [C or U] -
money that is earned from doing work or received from investments:
Average incomes have risen by 4.5% over the past year.
More help is needed for people on low incomes.
I haven't had much income from my stocks and shares this year. -
manufacture
noun [U] -
noun [U]
Oil is used in the manufacture of a number of fabrics.
The amount of recycled glass used in manufacture doubled in five years. -
service (ARMED FORCES)
noun [C or U] -
He joined the air force in 1964 and spent ten years in the service.
All men under thirty-five were told to report for military service within three days.
Service personnel are subject to the Official Secrets Act. -
flexibility
noun [U] - You can improve your flexibility by exercising
- manufacturing
-
verb [T]
to produce goods in large numbers, usually in a factory using machines:
He works for a company that manufactures car parts.
The report notes a rapid decline in manufactured goods. - service
-
verb [T]
to examine a machine and repair any faulty parts:
I'm taking the car in to have it serviced this afternoon.