Exam: BEC Higher

Definition: The act of intervening or acting as a go-between in a situation, often to help facilitate communication or negotiation between two parties.

Example: The intermediation of a skilled negotiator helped resolve the conflict between the two companies.

Definition: A person who asks questions to someone in order to get information, often during a job or media interview.

Example: The interviewer asked me several questions about my previous work experience.

Definition: Happening or taking place within one day.

Example: The stock market showed significant intraday fluctuations today.

Definition: A person who works inside a large company and is responsible for creating new ideas and turning them into successful products or services, often by taking risks and being innovative.

Example: As an intrapreneur, she launched a new product line that significantly increased the company's profits.

Definition: Relating to the act of behaving like an entrepreneur while working within a larger organization, often involving innovation and initiative.

Example: The company's intrapreneurial approach encouraged employees to develop new ideas and projects.

Definition: To put money or resources into something with the expectation of making a profit or achieving a benefit.

Example: Many people choose to invest in stocks to grow their savings.

Definition: To put money or resources into something with the expectation of making a profit or gaining a benefit.

Example: She decided to invest in a new business venture to increase her savings.

Definition: The act of putting money or resources into something, such as a business or project, with the expectation of making a profit or gaining some benefit in the future.

Example: Many people choose to make an investment in the stock market to grow their savings.

Definition: A person who puts money into something, like a business or project, with the hope of making a profit.

Example: The investor decided to fund the new startup after reviewing its business plan.

Definition: A document that lists goods or services provided, along with their prices and the total amount that needs to be paid.

Example: I received the invoice for the new furniture I ordered last week.

Definition: To create a document that lists goods or services provided and the amount to be paid for them.

Example: The company will invoice the client for the services rendered last month.

Definition: A person or shop that sells iron goods and hardware items, often including tools and building materials.

Example: The ironmonger had everything I needed to fix my fence.