Exam: BEC Vantage

Definition: To give someone a new job or role, or to change the way something is assigned or distributed.

Example: The manager decided to reassign the project to a different team.

Definition: The process of giving someone a new job or task, often different from their previous one.

Example: After the reorganization, there was a reassignment of roles within the team.

Definition: The act of making something balanced again after it has changed or become uneven.

Example: The company is focusing on rebalancing its portfolio to reduce risk.

Definition: To adjust or change the balance of something to make it more even or fair.

Example: The company is rebalancing its budget to allocate more funds to research and development.

Definition: A reduction in the amount of money that needs to be paid, or a refund of part of a payment that has already been made.

Example: After submitting my tax return, I received a rebate from the government.

Definition: To return a part of a payment or to reduce the amount owed.

Example: The store offered a rebate on the purchase of the new television.

Definition: To make a new offer or proposal, especially in an auction or contract situation, after the first bid has been made.

Example: After reviewing the project requirements, the company decided to rebid for the contract.

Definition: To make a new offer or proposal for something, especially in a competitive situation like an auction or contract negotiation.

Example: The company decided to rebid for the project after reviewing the initial proposals.

Definition: A change made to the name, logo, or overall image of a product or company to create a new identity.

Example: The company decided to undergo a rebrand to attract a younger audience.

Definition: To change the name, logo, or overall image of a product or company to make it look different or more appealing.

Example: The company decided to rebrand itself to attract a younger audience.

Definition: The process of changing the image, name, or appearance of a product or company to make it more appealing or relevant.

Example: The company is undergoing a rebranding to attract a younger audience.

Definition: To change the corporate image or identity of a company or product, often by creating a new name, symbol, or design.

Example: The company is focusing on rebranding to attract a younger audience.

Definition: A type of poker tournament where players can buy additional chips while the game is ongoing.

Example: In the rebuy tournament, I was able to buy more chips after losing my initial stack.

Definition: To purchase something again that was previously bought or sold.

Example: After selling his old guitar, he decided to rebuy it when he had enough money.

Definition: The process of calculating something again, usually to correct or update a previous calculation.

Example: After the error was found, a recalculation of the budget was necessary.

Definition: A written statement that shows that something has been received, especially money or goods.

Example: I kept the receipt to return the shirt if it didn't fit.

Definition: A document that shows that something has been received, usually after a payment or delivery.

Example: I kept the receipt to return the shoes if they didn't fit.

Definition: To give a written acknowledgment that something has been received, especially money or goods.

Example: The cashier will receipt your payment after you make a purchase.