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Exam: BEC Higher

transaction

IPA: /trænˈzækʃən/

KK: /trænˈzækʃən/

noun

Definition: An event where something is bought, sold, or exchanged, often involving money or an agreement between parties.

Example: The bank confirmed the transaction was successful and the funds were transferred.

transactor

IPA: /trænˈzæktər/

KK: /trænˈzæktər/

noun

Definition: A person who conducts or carries out business transactions.

Example: The transactor completed the sale of the property smoothly.

transmittal

IPA: /trænˈmɪtəl/

KK: /trænˈsmɪtəl/

noun

Definition: The action of sending or passing something from one place to another.

Example: The transmittal of the documents was completed on time.

transparency

IPA: /trænsˈpɛrənsi/

KK: /trænˈspɛrənsi/

noun

Definition: The quality of being able to see through something, or the openness and clarity of information.

Example: The company values transparency in its operations and communications with customers.

triplicate

IPA: /ˈtrɪp.lɪ.kɪt/

KK: /ˈtrɪp.lɪ.kɪt/

adjective

Definition: Having three identical or corresponding parts or examples.

Example: The report was submitted in triplicate to ensure all departments received a copy.

noun

Definition: One of three identical copies or items that are the same.

Example: Please submit the triplicate of the form to the office.

transitive verb

Definition: To create three identical copies of something.

Example: The secretary had to triplicate the report for the meeting.

turnkey

IPA: /ˈtɜrnki/

KK: /ˈtɜrnˌki/

adjective

Definition: Describing something that is provided fully equipped and ready to use immediately, such as a system or project that requires no additional work or setup.

Example: The company offered a turnkey solution for businesses looking to set up their operations quickly.

noun

Definition: A person who is responsible for the keys in a prison, often acting as a jailer or guard.

Example: The turnkey opened the cell door to let the inmate out for exercise.

turnover

IPA: /ˈtɜrnˌoʊvər/

KK: /ˈtɜrnˌoʊvər/

adjective

Definition: Able to be turned or folded over, often used to describe items like collars or edges.

Example: The shirt has a turnover collar that adds a stylish touch.

noun

Definition: The total amount of business done by a company in a specific period, often measured in sales or revenue.

Example: The company's turnover increased significantly last year due to higher sales.

tycoon

IPA: /taɪˈkuːn/

KK: /taɪˈkun/

noun

Definition: A very rich and powerful person in business or industry who has a lot of influence.

Example: The tech tycoon announced a new initiative to support startups.

unavailability

IPA: /ˌʌnəˈveɪləˌbɪlɪti/

KK: /ʌnəˈveɪləˌbɪlɪti/

noun

Definition: The condition of not being able to be accessed or used.

Example: The unavailability of the product led to many disappointed customers.

unbudgeted

IPA: //ʌnˈbʌdʒɪtɪd//

KK: /ʌnˈbʌdʒɪtɪd/

adjective

Definition: Referring to expenses or costs that were not planned or included in a budget.

Example: The company faced several unbudgeted expenses this quarter due to unexpected repairs.

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