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Exam: GMAT (Verbal)

formalise

IPA: /ˈfɔːməlaɪz/

KK: /ˈfɔrməˌlaɪz/

verb

Definition: To make something official or to give it a formal status.

Example: The committee decided to formalise the new rules for the competition.

formally

IPA: /ˈfɔːrməli/

KK: /ˈfɔrməli/

adverb

Definition: In a way that follows established rules or customs, often in a serious or official manner.

Example: The event was conducted formally, with all guests dressed in their best attire.

fractionalize

IPA: /ˈfrækʃənaɪz/

KK: /ˈfrækʃənəˌlaɪz/

transitive verb

Definition: To divide something into smaller parts or sections.

Example: The company decided to fractionalize its assets to make them easier to manage.

fraud

IPA: /frɔːd/

KK: /frɔd/

noun

Definition: A dishonest act or scheme intended to deceive someone for personal gain.

Example: The company was accused of committing fraud by falsifying its financial records.

fund

IPA: /fʌnd/

KK: /fʌnd/

noun

Definition: A sum of money or resources that is set aside for a specific purpose, such as saving for retirement or funding a project.

Example: The charity received a large fund to help support its programs.

transitive verb

Definition: To provide money for a specific purpose, such as a project or program.

Example: The government decided to fund the new education initiative.

funded

IPA: /ˈfʌndɪd/

KK: /fʌndɪd/

adjective

Definition: Having financial support or backing, usually in the context of projects or initiatives that receive money to operate.

Example: The research project was funded by a government grant.

verb

Definition: To provide money for a project or activity, often to support its development or operation.

Example: The organization was funded by several generous donations.

fungibility

IPA: /ˈfʌndʒəˌbɪlɪti/

KK: /ˈfʌndʒəˌbɪlɪti/

noun

Definition: The quality of being able to be exchanged or replaced with something else of equal value.

Example: The fungibility of money allows it to be easily exchanged for goods and services.

fungible

IPA: /ˈfʌndʒəbl/

KK: /ˈfʌndʒəbl/

adjective

Definition: This word describes something that can be exchanged or replaced with something else of the same type or value.

Example: Money is a fungible asset because one dollar can be replaced with another dollar without any loss of value.

noun

Definition: Something that can be easily exchanged or replaced with something else of the same kind or value.

Example: Money is a fungible asset because it can be exchanged for goods and services.

gainfully

IPA: /ˈɡeɪn.fəli/

KK: /ˈɡeɪn.fəl.i/

adverb

Definition: In a way that produces a profit or benefit; profitably.

Example: She found a gainfully employed position that allowed her to support her family.

gainfulness

IPA: /ˈɡeɪn.fəl.nəs/

KK: /ˈɡeɪn.fəl.nəs/

noun

Definition: The condition of being profitable or beneficial, often in terms of financial gain.

Example: The gainfulness of the investment attracted many investors.

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