Exam: GMAT (Verbal)

Definition: Money or supplies given to someone to help them start a business or project, with the expectation of sharing the profits later.

Example: The investors provided a grubstake to the new entrepreneur to help launch her startup.

Definition: To provide financial support to someone, expecting to receive a portion of the profits in return.

Example: The investor decided to grubstake the new startup, hoping for a good return on his investment.

Definition: A section of a legal document that specifies the extent of ownership or rights granted, often starting with the phrase 'to have and to hold'.

Example: The habendum clause in the deed clearly outlined the rights of the new property owner.

Definition: The act of repeatedly bothering or upsetting someone, often in a way that causes them distress or discomfort.

Example: She filed a complaint about the harassment she experienced at work.

Definition: The quality or state of being aggressive or favoring warlike policies, especially in politics or international relations.

Example: The senator's hawkishness on military issues has drawn both support and criticism from his constituents.

Definition: This term refers to something that is mentioned or referred to in the current document or context.

Example: The terms and conditions hereof must be agreed upon by both parties.

Definition: This word is used to refer to something that is included or attached to a document or communication.

Example: Please find the report herewith attached for your review.

Definition: A person who is very successful or ambitious, often in a particular field or profession.

Example: She is a highflyer in the corporate world, quickly rising through the ranks.

Definition: A person or group that refuses to agree or cooperate, especially in negotiations or discussions.

Example: The holdout refused to sign the contract until their demands were met.

Definition: The state or quality of being a person who sells goods in a dishonest or aggressive way, often using tricks or deception.

Example: His hucksterism was evident in the way he exaggerated the benefits of his products.

Definition: The act of using property as security for a loan, where the property remains in the borrower's possession but can be claimed by the lender if the loan is not repaid.

Example: The bank required hypothecation of the house before approving the loan.