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Topic: Finance

asset

IPA: /ˈæsɛt/

KK: /ˈæsɛt/

noun

Definition: A useful or valuable thing, person, or quality that can help achieve a goal or provide an advantage.

Example: Her experience in marketing was a great asset to the team.

assignability

IPA: /əˌsaɪnəˈbɪləti/

KK: /əˌsaɪnəˈbɪləti/

noun

Definition: The quality or ability of something to be assigned to someone else.

Example: The assignability of the contract allows the original party to transfer their rights to another party.

assignat

IPA: /əˈsɪn.jæt/

KK: /əˈsɪnˌjæt/

noun

Definition: A type of paper money that was issued in France during the French Revolution, backed by confiscated land.

Example: The assignat was used as currency during the revolutionary period in France.

assort

IPA: /əˈsɔrt/

KK: /əˈsɔrt/

intransitive verb

Definition: To be of the same kind or type; to belong to the same category or group.

Example: The different types of flowers assort beautifully in the garden.

transitive verb

Definition: To divide things into different groups based on their type or characteristics.

Example: The teacher asked us to assort the books by genre for the library.

assurance

IPA: /əˈʃʊərəns/

KK: /əˈʃʊərəns/

noun

Definition: A promise or guarantee that something will happen or be true, which helps to build confidence and reduce doubt.

Example: She gave her assurance that the project would be completed on time.

assurer

IPA: /əˈʃʊrər/

KK: /əˈʃʊrər/

noun

Definition: A person or organization that provides assurance or guarantees, often in the context of insurance or financial security.

Example: The assurer evaluated the risks before providing coverage for the property.

assuror

IPA: /əˈʃʊrər/

KK: /əˈʃʊrər/

noun

Definition: A person or company that provides insurance or guarantees against loss or damage.

Example: The assuror evaluated the risks before issuing the policy.

attrition

IPA: /əˈtrɪʃən/

KK: /əˈtrɪʃən/

noun

Definition: A gradual decrease in the number of people or things, often due to natural causes like retirement or resignation.

Example: The company faced significant attrition after many employees decided to retire early.

auction

IPA: /ˈɔːkʃən/

KK: /ˈɔkʃən/

noun

Definition: A public event where items or property are sold to the person who offers the most money.

Example: She bought a beautiful painting at the auction last weekend.

transitive verb

Definition: To sell something to the highest bidder in a public sale where items are sold to the person who offers the most money.

Example: The art gallery will auction the painting next week.

auctioneer

IPA: /ˌɔːkʃəˈnɪə/

KK: /ɔːkʃəˈnɪr/

noun

Definition: A person who manages and conducts an auction, helping to sell items to the highest bidder.

Example: The auctioneer called out the bids as the crowd eagerly raised their paddles.

transitive verb

Definition: To sell items to the highest bidder in a public sale.

Example: The auctioneer called out the bids as the crowd eagerly raised their hands.

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