Exam: BEC Higher

Definition: A person or company that obtains or takes control of something, often through purchase or investment.

Example: The acquirer successfully completed the merger with the smaller firm.

Definition: The process of obtaining or gaining something, often used in the context of business or education, where it refers to the purchase of a company or the addition of new items to a collection.

Example: The company made a significant acquisition to expand its market reach.

Definition: This word describes something that can be acted upon or used to make decisions. It often refers to information that is practical and useful for taking action.

Example: The report provided actionable insights that helped the team improve their strategy.

Definition: To manage or oversee something, often in a formal or official capacity.

Example: The committee will administer the new policy starting next month.

Definition: To give or manage something, such as medicine or an oath, in a formal way. It can also mean to oversee or take care of something.

Example: The nurse will administer the medication to the patient at 8 PM.

Definition: To manage or be responsible for the operation of something, such as an organization or a process.

Example: She was hired to administrate the new project effectively.

Definition: Remaining amount of money after taxes have been taken out.

Example: The aftertax income is what you actually take home after deductions.

Definition: A person who is involved in the business of agriculture, including farming, production, and distribution of food and other agricultural products.

Example: The agribusinessman invested in sustainable farming practices to improve crop yields.

Definition: To come together and form a single unit or to mix different elements into one.

Example: The two companies decided to amalgamate to strengthen their market position.

Definition: To bring together different things to form a single, unified whole.

Example: The two companies decided to amalgamate to strengthen their market position.

Definition: This word describes something that has been formed by combining two or more different things into a single unit, while still keeping some of the original features of each part.

Example: The amalgamated company has a stronger market presence than its predecessors.

Definition: To combine or unite different things into one, often used to describe the merging of organizations or ideas.

Example: The two companies amalgamated to create a more competitive business.

Definition: The process of gradually paying off a debt over time through regular payments, which include both principal and interest.

Example: The amortization of the loan will take ten years, with monthly payments made to the bank.