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Topic: Finance

semiretired

IPA: /ˌsɛmɪrɪˈtaɪəd/

KK: /sɛmɪrɪˈtaɪrd/

adjective

Definition: Describing someone who works part-time, often due to age or health issues, rather than full-time.

Example: After many years in the industry, she is now semiretired and only takes on a few projects each year.

semiretirement

IPA: /ˌsɛmɪrɪˈtaɪəˌmɛnt/

KK: /ˌsɛmɪrɪˈtaɪərmənt/

noun

Definition: A situation where a person is not fully retired but works part-time or occasionally instead of full-time.

Example: After years of hard work, she decided to enter semiretirement and only take on freelance projects.

seniority

IPA: /sɪˈnɪərɪti/

KK: /sɪˈnɪrɪti/

noun

Definition: The status or advantage someone has because they have been in a job or organization longer than others.

Example: In our company, promotions are often based on seniority rather than performance.

service

IPA: /ˈsɜːrvɪs/

KK: /ˈsɜrvɪs/

adjective

Definition: Relating to providing help or assistance, often in a professional context, such as in industries that serve the public or offer maintenance and repairs.

Example: The service industry plays a crucial role in the economy by providing jobs and support to people.

noun

Definition: An action or work done to help someone or provide a benefit, often in a professional context.

Example: The restaurant is known for its excellent service and friendly staff.

transitive verb

Definition: To provide help or assistance to someone or something, often by performing a specific task or function.

Example: The technician will service the equipment to ensure it works properly.

setoff

IPA: /ˈsɛtˌɔf/

KK: /ˈsɛtˌɔf/

noun

Definition: A thing that balances or compensates for another; it can also refer to a projection from a wall or a decorative element that enhances contrast.

Example: The tax setoff helped reduce the amount I owed this year.

settle

IPA: /ˈsɛtəl/

KK: /ˈsɛtəl/

intransitive verb

Definition: To become established in a place or situation, or to come to rest after movement.

Example: After a long journey, we decided to settle in a small town by the river.

noun

Definition: A type of long wooden bench that usually has a high back and may have storage space underneath the seat.

Example: The settle in the hallway was perfect for putting on shoes.

transitive verb

Definition: To resolve or reach an agreement about something, often by making a decision or settling a dispute.

Example: After much discussion, they decided to settle their differences peacefully.

settlement

IPA: /ˈsɛtəlmənt/

KK: /ˈsɛtəlmənt/

noun

Definition: A place where people live or a community that has been established, often in a new area. It can also refer to an agreement reached in legal or financial matters.

Example: The settlers established a new settlement in the valley.

settling

IPA: /ˈsɛt.lɪŋ/

KK: /ˈsɛtəlɪŋ/

noun

Definition: The solid particles that settle at the bottom of a liquid, often after it has been disturbed or mixed.

Example: After pouring the juice, I noticed some settling at the bottom of the glass.

verb

Definition: To make a place or situation calm or stable, or to reach an agreement after a disagreement.

Example: After a long discussion, they are finally settling their differences.

severance

IPA: /ˈsɛvərəns/

KK: /ˈsɛvərəns/

noun

Definition: The act of cutting off or separating something from something else, often used in the context of employment when someone is given money after leaving a job.

Example: After ten years at the company, she received a severance package when she was laid off.

shakeout

IPA: /ˈʃeɪkaʊt/

KK: /ˈʃeɪkˌaʊt/

noun

Definition: A situation where weaker companies or products are removed from a market, often leading to a decline in overall market values.

Example: The recent shakeout in the tech industry has left many small startups struggling to survive.

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