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Exam: BEC Higher

reexport

IPA: /ˌriːˈɛkspɔːrt/

KK: /riˈɛkspɔrt/

verb

Definition: To send goods out of a country again after they have been brought in from another country.

Example: After importing the electronics, the company decided to reexport them to other markets.

reexportation

IPA: /ˌriːˌɛkspɔːrˈteɪʃən/

KK: /riːˌɛkspɔːrˈteɪʃən/

noun

Definition: The process of exporting goods that have already been imported into a country.

Example: The company specializes in the reexportation of electronics to various international markets.

referrer

IPA: /rɪˈfɛrər/

KK: /rɪˈfɜrər/

noun

Definition: A person who directs someone to another person or source, often for advice or information.

Example: The referrer recommended the new restaurant to her friends.

refinance

IPA: //ˌriːˈfaɪnæns//

KK: /ˌriːˈfaɪnæns/

transitive verb

Definition: To obtain a new loan to pay off an existing loan, often to get better terms or a lower interest rate.

Example: They decided to refinance their home to take advantage of lower interest rates.

refinancing

IPA: /ˌriːˈfaɪnænsɪŋ/

KK: /ˌriːˈfaɪnænʃɪŋ/

noun

Definition: The process of obtaining a new loan to pay off one or more existing loans, often to get better terms or lower interest rates.

Example: Many homeowners consider refinancing their mortgage to take advantage of lower interest rates.

verb

Definition: To obtain a new loan to pay off an existing loan, often to get better terms or lower interest rates.

Example: She is refinancing her mortgage to take advantage of lower interest rates.

refundability

IPA: /rɪˈfʌndəˌbɪlɪti/

KK: /rɪˈfʌndəˌbɪlɪti/

noun

Definition: The quality or condition of being able to be returned for a refund.

Example: The refundability of the ticket depends on the airline's policy.

refunder

IPA: /rɪˈfʌndər/

KK: /rɪˈfʌndər/

noun

Definition: A person or organization that gives back money that was previously paid, usually because a product was returned or a service was not satisfactory.

Example: The refunder processed my request quickly after I returned the faulty item.

registrant

IPA: /ˈrɛdʒɪstrənt/

KK: /ˈrɛdʒɪstrənt/

noun

Definition: A person who signs up or enrolls for something, such as an event or a service.

Example: The registrant received a confirmation email after signing up for the conference.

regrate

IPA: /rɪˈɡreɪt/

KK: /rɪˈgreɪt/

transitive verb

Definition: To purchase goods in large amounts with the plan to sell them again at a higher price, often at the same location.

Example: The merchant decided to regrate the corn from the local market to sell it at a profit later.

reimbursable

IPA: /rɪmˈbɜːrsəbl/

KK: /rimˈbɜrsəbl/

adjective

Definition: Able to be paid back for expenses or costs that have been incurred.

Example: The company has a policy that all travel expenses are reimbursable.

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