Exam: BEC Higher

Definition: A person or thing that spends or uses resources, such as money or time.

Example: The expender of the funds was responsible for ensuring they were used wisely.

Definition: The total amount of money that is spent on something, such as goods, services, or activities.

Example: The company's expenditure on marketing has increased this year.

Definition: The amount of money that is spent on something, or the cost of something.

Example: The expense of the new equipment was higher than we expected.

Definition: To spend money or resources on something, often for business purposes.

Example: The company decided to expense the cost of the new equipment.

Definition: The condition of costing a lot of money or being very high in price.

Example: The expensiveness of the new smartphone surprised many customers.

Definition: Not applicable as 'export' is not an adjective; it typically refers to the act of sending goods or services to another country.

Example: Not applicable as 'export' is not used as an adjective.

Definition: To send goods or services to another country for sale or trade.

Example: The company plans to export its products to Europe next year.

Definition: A product or good that is sent from one country to another for trade or sale.

Example: The country relies heavily on the export of its natural resources.

Definition: To send goods or services to another country for sale or trade.

Example: The company plans to export its products to Europe next year.

Definition: The quality or ability of a product or service to be sold and sent to another country.

Example: The exportability of the new technology will help the company reach international markets.

Definition: The process of sending goods or services to another country for sale.

Example: The exportation of electronics has increased significantly this year.

Definition: A person or organization that sells goods to another country for trade.

Example: The exporter shipped thousands of products to various international markets.

Definition: The work or business of a person or company that sells goods for others, often involving a fee or commission.

Example: The factorage of the goods was handled by a professional agent who specialized in international trade.

Definition: The activity or business of a factor, which involves managing and selling goods on behalf of others.

Example: The factorship allowed the company to expand its market reach by utilizing external agents.