Exam: BEC Higher

Definition: The act of cutting off or separating something from something else, often used in the context of employment when someone is given money after leaving a job.

Example: After ten years at the company, she received a severance package when she was laid off.

Definition: A person or organization that owns shares in a company, which gives them a claim on part of the company's assets and earnings.

Example: As a shareholder, she received dividends from the company's profits.

Definition: Having ownership in shares of a company or organization.

Example: The shareholding structure of the company allows for greater investor participation.

Definition: The ownership of shares in a company, representing a portion of the company's capital.

Example: Her shareholding in the company gives her a say in important decisions.

Definition: A unit of currency used in Israel.

Example: I exchanged my dollars for shekels before my trip to Israel.

Definition: A person who is in charge of a ship and responsible for its operation and crew.

Example: The shipmaster navigated the vessel through the stormy seas.

Definition: A person or company that owns a ship.

Example: The shipowner decided to invest in a new cargo vessel.

Definition: To take items from a store without paying for them, usually while the store is open to customers.

Example: He was caught trying to shoplift a pair of shoes from the store.

Definition: To take items from a store without paying for them while the store is open.

Example: He was caught trying to shoplift a pair of shoes from the store.

Definition: A method or system used to support a structure, often during construction or repair, to prevent it from collapsing or shifting.

Example: The workers used shoring to keep the walls stable while they repaired the foundation.

Definition: A situation where there is not enough of something that is needed or expected.

Example: The company faced a shortfall in revenue this quarter due to lower sales.

Definition: A person who handles money, often working as a cashier or money changer, especially in South Asia or the Far East.

Example: The shroff at the car park helped me pay for my parking ticket.