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Topic: Finance

multitrillion

IPA: /ˌmʌltiˈtrɪljən/

KK: /mʌltiˈtrɪljən/

adjective

Definition: Referring to an amount that is greater than two trillion, often used to describe large sums of money or values.

Example: The government's budget for the next year is projected to be multitrillion dollars.

multiunit

IPA: //ˈmʌltiˌjuːnɪt//

KK: /ˈmʌltiˌjunɪt/

adjective

Definition: Describing something that has more than one unit or part.

Example: The multiunit building offers various apartments for rent.

multiyear

IPA: /ˈmʌltiˌjɪr/

KK: /mʌltiˈjɪr/

adjective

Definition: Having a duration that lasts for several years.

Example: The project is a multiyear initiative aimed at improving local infrastructure.

mutual

IPA: /ˈmjuːtʃuəl/

KK: /ˈmjuːtʃuəl/

adjective

Definition: Shared by two or more parties; each side has the same relationship or feeling towards the other.

Example: They have a mutual understanding that helps their friendship grow.

noun

Definition: A type of investment fund that pools money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities.

Example: She decided to invest in a mutual fund to grow her savings over time.

mutualization

IPA: /mjuːˈtʃuːəlaɪzən/

KK: /mjuːˈtʃuːəlaɪzə/

noun

Definition: The process of making something mutual, especially in the context of transforming an insurance company into a mutual company where policyholders have ownership.

Example: The mutualization of the insurance company allowed policyholders to have a say in its management.

mutualize

IPA: /ˈmjuːtʃuːəlaɪz/

KK: /ˈmjuːtʃuːəlaɪz/

intransitive verb

Definition: To become shared or common between two or more parties.

Example: The two companies decided to mutualize their resources to improve efficiency.

transitive verb

Definition: To make something shared or common between two or more parties, often in a way that benefits all involved.

Example: The company decided to mutualize its resources to improve collaboration among employees.

naira

IPA: /ˈnaɪərə/

KK: /naɪrə/

noun

Definition: The main unit of money used in Nigeria, which can be divided into smaller units called kobo.

Example: I exchanged my dollars for naira at the bank.

nakfa

IPA: /ˈnæfkə/

KK: /næf.kæ/

noun

Definition: A type of currency used in Eritrea.

Example: The price of goods in Eritrea is often listed in nakfa.

nearshore

IPA: /ˈnɪrʃɔr/

KK: /nɪrʃɔr/

adjective

Definition: Referring to an area that is close to the shore, typically used in contexts like fishing or marine activities.

Example: The nearshore waters are rich in marine life, making them ideal for fishing.

noun

Definition: The area of land that is close to the shore, typically between the land and the deeper offshore waters.

Example: The nearshore environment is crucial for many marine species.

negotiability

IPA: /nɪˌɡoʊʃəˈbɪlɪti/

KK: /nɪˌɡoʊʃəˈbɪlɪti/

noun

Definition: The quality or state of being open to discussion or modification, especially in terms of agreements or financial instruments.

Example: The negotiability of the contract allowed both parties to make changes before finalizing the deal.

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