Exam: TOEIC

Definition: A market for trading stocks and other securities that takes place before the official opening of the stock exchange.

Example: Many investors participate in the premarket to get an early sense of how stocks might perform during the day.

Definition: Relating to activities or strategies that occur before a product or service is marketed to the public.

Example: The company conducted extensive premarketing research to understand customer needs.

Definition: Happening or existing before two companies combine into one.

Example: The premerger analysis showed that the companies would benefit from the merger.

Definition: Referring to something that is of higher quality or value than the standard, often at a higher price.

Example: This brand offers premium coffee that is richer in flavor.

Definition: An extra amount of money paid on top of a regular price or salary, often as a reward or incentive.

Example: The company offered a premium for employees who met their sales targets.

Definition: Happening before something is opened, often in preparation for the event.

Example: The preopening activities included a tour of the new facility.

Definition: Something that has been owned or used by someone else before being sold again.

Example: I bought a preowned laptop to save money.

Definition: To wrap or package a product before it is sold or distributed.

Example: The company decided to prepackage the snacks for easier distribution.

Definition: The process of packaging items before they are sold, often to ensure they are ready for distribution or sale.

Example: The prepackaging of the products helped to speed up the shipping process.

Definition: To package something in advance, usually for convenience or to prepare it for sale.

Example: The company is prepackaging meals to make them easier for customers to buy.

Definition: Describing something that has been paid for before it is used or received.

Example: I bought a prepaid phone plan to avoid monthly bills.

Definition: To pay for something in advance before receiving the service or product.

Example: I prepaid for my hotel room to ensure I had a place to stay when I arrived.

Definition: A person or thing that gets something ready or makes it suitable for use.

Example: The chef is a skilled preparer of delicious meals.