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Topic: Finance

recompense

IPA: /ˈrɛkəmˌpɛns/

KK: /ˈrɛkəmˌpɛns/

noun

Definition: A payment or compensation given for loss, damage, or services provided.

Example: The company offered a recompense to the customers affected by the product recall.

transitive verb

Definition: To give something, usually money or a favor, to someone in return for a loss or injury they have suffered.

Example: The company promised to recompense the workers for their overtime hours.

reconcile

IPA: /ˈrɛkənˌsaɪl/

KK: /ˈrɛkənˌsaɪl/

intransitive verb

Definition: To make peace or restore friendly relations after a disagreement or conflict; to become consistent or compatible with something.

Example: After a long discussion, they were finally able to reconcile their differences.

transitive verb

Definition: To make two or more things compatible or to restore a friendly relationship after a disagreement.

Example: They decided to reconcile their differences and work together.

reconfirmation

IPA: /ˌriːkənˈfɜːrmeɪʃən/

KK: /ˌriːkənˈfɜːrmeɪʃən/

noun

Definition: The action of confirming something again or a second time.

Example: The reconfirmation of the meeting time was necessary to ensure everyone was on the same page.

reconsolidate

IPA: /ˌriːkənˈsɒlɪdeɪt/

KK: /ˌriːkənˈsɒlɪdeɪt/

verb

Definition: To combine or bring together again into a single unit or group.

Example: After the merger, the companies decided to reconsolidate their resources for better efficiency.

reconversion

IPA: /ˌriːkənˈvɜːrʒən/

KK: /ˌriːkənˈvɜːrʒən/

noun

Definition: The process of changing something back to a previous state or form, often involving renovation or modification.

Example: The reconversion of the old factory into apartments was a major project for the city.

recoup

IPA: /rɪˈkuːp/

KK: /rɪˈkuːp/

intransitive verb

Definition: To get back something that was lost or to recover a previous good state.

Example: After the setback, the company worked hard to recoup its losses.

noun

Definition: The act of recovering or regaining something that was lost or spent.

Example: The company hopes to make a recoup of its losses by the end of the year.

transitive verb

Definition: To get back something that was lost or to recover a loss, often by receiving compensation or reimbursement.

Example: The company was able to recoup its losses after the successful product launch.

recoupable

IPA: /rɪˈkuːpəbl/

KK: /rɪˈkuːpəbl/

adjective

Definition: Able to be recovered or regained, especially in terms of money or losses.

Example: The investment is recoupable after a few years of successful operation.

recoupment

IPA: //rɪˈkuːpmənt//

KK: /rɪˈkuːpmənt/

noun

Definition: A process of recovering something that was lost or taken away, often referring to money or resources.

Example: The company implemented a recoupment strategy to recover its losses from the previous year.

recoverable

IPA: /rɪˈkʌvərəbl/

KK: /rɪˈkʌvərəbəl/

adjective

Definition: Able to be returned to a previous state or condition, or able to be regained after loss.

Example: The funds are recoverable if the company goes bankrupt.

redeem

IPA: /rɪˈdim/

KK: /rɪˈdim/

transitive verb

Definition: To exchange something for money or to fulfill a promise or obligation. It can also mean to recover something by paying a certain amount.

Example: He decided to redeem his gift card for a new video game.

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