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Exam: BEC Higher

discontinuation

IPA: /ˌdɪs.kənˈtɪn.jəˌʃən/

KK: /dɪsˌkɒn.tɪˈnueɪ.ʃən/

noun

Definition: The act of stopping something or bringing it to an end.

Example: The discontinuation of the product surprised many customers.

disinvest

IPA: /dɪsˈɪnvɛst/

KK: /dɪsˈɪnvɛst/

verb

Definition: To take away or reduce the money that has been invested in something, often in a business or project.

Example: The company decided to disinvest from the failing project to focus on more profitable ventures.

disinvestment

IPA: /dɪsˈɪnˌvɛstmənt/

KK: /dɪsˈɪnˌvɛstmənt/

noun

Definition: The act of taking money or resources out of a company or country, often to reduce financial support or investment.

Example: The company announced a disinvestment from its overseas operations to focus on domestic markets.

distiller

IPA: /dɪˈstɪlə/

KK: /dɪˈstɪlər/

noun

Definition: A person or device that makes alcoholic drinks by heating a liquid to create vapor and then cooling it to collect the liquid again.

Example: The distiller carefully monitored the temperature to ensure the best flavor in the whiskey.

diversification

IPA: /ˌdaɪ.vɜː.sɪ.fɪˈkeɪ.ʃən/

KK: /daɪˌvɜrsɪfɪˈkeɪʃən/

noun

Definition: The process of making something more varied or different, often by adding new elements or options.

Example: The company's diversification into new markets helped it grow its revenue significantly.

diversifier

IPA: /dɪˈvɜːrsɪfaɪər/

KK: /dɪˈvɜrsɪfaɪər/

noun

Definition: A person or thing that makes something more varied or diverse.

Example: The company hired a diversifier to expand its product range and attract new customers.

divestiture

IPA: /dɪˈvɛstɪtʃər/

KK: /dɪˈvɛstɪtʃər/

noun

Definition: The act of selling or getting rid of a part of a business or property, often a division or subsidiary.

Example: The company announced a divestiture of its underperforming assets to focus on its core business.

dockage

IPA: /ˈdɒkɪdʒ/

KK: /ˈdɑkɪdʒ/

noun

Definition: A fee or charge for using a dock or docking facilities for ships and vessels.

Example: The marina charges a dockage fee for boats that stay overnight.

dollarize

IPA: /ˈdɒləraɪz/

KK: /ˈdɑːlərˌaɪz/

verb

Definition: To start using the US dollar as the main currency in a country instead of its own currency.

Example: The country decided to dollarize its economy to stabilize prices and attract foreign investment.

downtick

IPA: /ˈdaʊnˌtɪk/

KK: /ˈdaʊnˌtɪk/

noun

Definition: A small decrease in value or amount, often used in financial contexts to describe a drop in stock prices or other measurements.

Example: The stock experienced a downtick after the disappointing earnings report.

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