Exam: BEC Higher

Definition: The process of helping employees who are leaving a company to find new jobs, often with support from the company.

Example: The company offered outplacement services to help laid-off workers transition to new employment.

Definition: To achieve a higher rating or score than another person or thing.

Example: The new movie managed to outrate its competitors at the box office this weekend.

Definition: A type of promotional material that is attached to the outside of a product to provide additional information or advertising.

Example: The company included an outsert with the product to highlight its special features.

Definition: To have another company or person do work or provide services that your own company could do, often to save money.

Example: Many companies choose to outsource their customer service to reduce costs.

Definition: The practice of obtaining goods or services from an external source instead of producing them in-house, often to save money or improve efficiency.

Example: Many companies are outsourcing their customer service to reduce costs.

Definition: To spend more money than someone else or more than what is available.

Example: She tends to outspend her budget every month.

Definition: Completely exhausted or worn out, often due to excessive spending or effort.

Example: After the long hike, I felt outspent and needed to rest.

Definition: To trade in a way that is more advantageous or profitable than someone else.

Example: The company was able to outtrade its competitors by offering better prices and services.

Definition: The total amount of something that is produced or achieved during a specific time period.

Example: The outturn of the factory increased significantly this year.

Definition: To be worth more than something else; to exceed in value.

Example: The new smartphone outvalues its competitors with better features and performance.