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Topic: Finance

venture

IPA: /ˈvɛn.tʃər/

KK: /ˈvɛnʧər/

intransitive verb

Definition: To go forward into a situation that may be dangerous or uncertain, often involving some level of risk.

Example: She decided to venture into the unknown forest, despite the warnings.

noun

Definition: A project or activity that involves taking risks, often in business, with the hope of making a profit.

Example: Starting a new tech company is a big venture that requires careful planning and investment.

transitive verb

Definition: To take a risk or expose oneself to danger, often by doing something adventurous or uncertain.

Example: She decided to venture into the unknown forest despite the warnings.

vested

IPA: /ˈvɛstɪd/

KK: /ˈvɛstɪd/

adjective

Definition: Having a fixed or guaranteed right, benefit, or privilege that cannot be taken away.

Example: She has a vested interest in the success of the project.

vesting

IPA: /ˈvɛstɪŋ/

KK: /ˈvɛstɪŋ/

noun

Definition: The process of giving an employee the right to receive benefits from a pension plan, even if they leave the job before retirement.

Example: After five years of service, she received full vesting in her retirement plan.

viability

IPA: //vaɪəˈbɪləti//

KK: /vaɪəˈbɪləti/

noun

Definition: The quality or state of being able to live, grow, or succeed.

Example: The viability of the project depends on securing enough funding.

viatic

IPA: /vaɪˈætɪk/

KK: /vaɪˈætɪk/

adjective

Definition: Relating to travel or a journey.

Example: The viatic funds helped the travelers cover their expenses during the long journey.

viatical

IPA: //vaɪˈætɪkəl//

KK: /vaɪˈætɪkəl/

adjective

Definition: Relating to a type of agreement where a business purchases life insurance policies from terminally ill individuals for a portion of their value.

Example: The company specializes in viatical settlements, helping patients access funds from their life insurance policies.

volatile

IPA: /ˈvɒl.ə.taɪl/

KK: /ˈvɑːlətl/

adjective

Definition: Easily evaporated or changed; likely to change suddenly and unpredictably, often in a way that is dangerous or harmful.

Example: The stock market can be very volatile, with prices rising and falling quickly.

noun

Definition: A substance that can easily turn into gas at low temperatures.

Example: The chemist worked with a volatile that evaporated quickly when exposed to heat.

volatility

IPA: /ˌvɒləˈtɪləti/

KK: /vɑːlətɪlɪti/

noun

Definition: The quality of being unpredictable or subject to rapid changes, often used in finance to describe the degree of variation in the price of a financial asset.

Example: The volatility of the stock market can make investing risky.

voucher

IPA: /ˈvaʊtʃər/

KK: /ˈvaʊtʃər/

noun

Definition: A document that can be exchanged for goods or services, often used as a form of payment or credit.

Example: I received a voucher for a free meal at the restaurant after my last visit.

transitive verb

Definition: To provide a document that can be used to claim a discount or payment, or to confirm a transaction.

Example: The manager will voucher the expenses for the business trip.

wadset

IPA: /ˈwɒd.sɛt/

KK: /ˈwɒdset/

noun

Definition: A legal agreement where land is given as security for a loan or debt, similar to a mortgage.

Example: The bank accepted a wadset on the property to secure the loan.

verb

Definition: To use land as security for a loan, allowing the lender to take possession if the borrower fails to repay.

Example: He decided to wadset his property to secure a loan for his business.

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