Exam: TOEIC

Definition: Referring to something that can be lent or borrowed, typically money or property.

Example: The bank offers several loanable options for students.

Definition: A person or entity that receives a loan, typically money, from a lender and is expected to pay it back under agreed terms.

Example: The bank approved the application of the loanee for a new car loan.

Definition: A person or thing that lends something, often used as a temporary replacement for something that is being repaired.

Example: The car rental company provided a loaner while my vehicle was in the shop.

Definition: A situation where an employer prevents employees from working, often during a disagreement about work conditions or pay.

Example: The company declared a lockout after negotiations with the workers broke down.

Definition: A person who creates, fixes, or works with locks.

Example: The locksmith arrived quickly to help us get back into our house.

Definition: Related to the planning and organization of complex operations, especially in business or military contexts.

Example: The company improved its efficiency by optimizing its logistic processes.

Definition: Connected to the planning and organization of complex operations, especially in transportation and supply chain management.

Example: The team worked hard to solve the logistical challenges of the event.

Definition: In a way that relates to the organization and management of complex operations or processes.

Example: The event was planned logistically to ensure everything ran smoothly.

Definition: A person who plans and manages the movement of goods and services, ensuring everything is organized and efficient.

Example: The logistician coordinated the delivery of supplies to the remote area.

Definition: The planning and organization of the movement and supply of goods, services, and people.

Example: The company specializes in logistics to ensure timely delivery of products.