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Topic: Finance

receipt

IPA: /rɪˈsiːt/

KK: /rɪˈsit/

intransitive verb

Definition: A written statement that shows that something has been received, especially money or goods.

Example: I kept the receipt to return the shirt if it didn't fit.

noun

Definition: A document that shows that something has been received, usually after a payment or delivery.

Example: I kept the receipt to return the shoes if they didn't fit.

transitive verb

Definition: To give a written acknowledgment that something has been received, especially money or goods.

Example: The cashier will receipt your payment after you make a purchase.

receivable

IPA: /rɪˈsiː.və.bəl/

KK: /rɪˈsivəbl/

adjective

Definition: Something that is due to be paid or collected, often referring to money that is expected to be received.

Example: The company has many receivable accounts that need to be collected this month.

noun

Definition: An amount of money that is owed to a business by its customers or clients, usually for goods or services provided on credit.

Example: The company has a large amount of receivables that it expects to collect soon.

receivership

IPA: /rɪˈsiːvərʃɪp/

KK: /rɪˈsiːvərʃɪp/

noun

Definition: A legal situation where a receiver is appointed to manage the assets and liabilities of a company that is unable to pay its debts.

Example: The company entered receivership after failing to meet its financial obligations.

recession

IPA: /rɪˈsɛʃən/

KK: /rɪˈsɛʃən/

noun

Definition: A period when the economy is doing poorly, marked by a decrease in business activity and often resulting in job losses and lower spending.

Example: During the recession, many people lost their jobs and struggled to make ends meet.

recessionary

IPA: /rɪˈsɛʃənˌɛri/

KK: /rɪˈsɛʃənˌɛri/

adjective

Definition: Related to a period of economic decline when trade and industrial activity are reduced.

Example: The government implemented new policies to combat recessionary pressures in the economy.

rechange

IPA: //riˈʧeɪndʒ//

KK: /riˈʧeɪndʒ/

verb

Definition: To change something once more or to make a new change after a previous one.

Example: After realizing the mistake, I had to rechange the document before submitting it.

reckoner

IPA: /ˈrɛkənər/

KK: /ˈrɛkənər/

noun

Definition: A person or tool that calculates or figures out numbers, often used for mathematical tasks.

Example: The reckoner helped the students solve complex math problems quickly.

reclaimable

IPA: /rɪˈkleɪməbl/

KK: /rɪˈkleɪməbl/

adjective

Definition: Able to be recovered or restored to a previous state or condition.

Example: The land was deemed reclaimable after the cleanup efforts.

recoin

IPA: //rɪˈkɔɪn//

KK: /rɪˈkɔɪn/

verb

Definition: To create or produce something again, especially in the context of money or phrases.

Example: The government decided to recoin the old currency to prevent counterfeiting.

recoinage

IPA: /rɪˈkɔɪnɪdʒ/

KK: /rɪˈkɔɪnɪdʒ/

noun

Definition: The process of producing new coins or changing the design of existing coins.

Example: The government decided to implement a recoinage to update the currency's design.

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