Exam: GMAT (Verbal)

Definition: The act of using something or the way in which something is used.

Example: The utilization of renewable energy sources is essential for a sustainable future.

Definition: To make use of something in a practical or effective way.

Example: We need to utilize our resources more efficiently to achieve our goals.

Definition: To determine the worth or value of something, often in terms of money or importance.

Example: The expert will valuate the painting before it goes to auction.

Definition: A process of determining the worth or value of something, often in terms of money or importance.

Example: The valuation of the property was higher than expected.

Definition: The importance or worth of something, often related to principles, standards, or monetary worth.

Example: The value of honesty is taught in many cultures.

Definition: To determine how much something is worth or to hold something in high regard.

Example: She values honesty and integrity in her friends.

Definition: The state of being willing to be bribed or corrupted, often in exchange for money or favors.

Example: The politician's venality was exposed when it was revealed that he accepted bribes from lobbyists.

Definition: The process of giving an employee the right to receive benefits from a pension plan, even if they leave the job before retirement.

Example: After five years of service, she received full vesting in her retirement plan.

Definition: Able to be canceled or made invalid, especially in legal contexts such as contracts.

Example: The contract was deemed voidable because one party did not fully understand the terms.

Definition: To voluntarily give up a right or claim, or to not enforce a rule or penalty.

Example: She decided to waive her right to a trial and accept the settlement offer.

Definition: The quality or state of being justifiable or reasonable.

Example: The warrantableness of his actions was questioned by his peers.