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Topic: Finance

escrow

IPA: //ˈɛskroʊ//

KK: /ˈɛskroʊ/

noun

Definition: A legal arrangement where money, property, or documents are held by a third party until certain conditions are met before they are transferred to another party.

Example: The house sale was completed using an escrow to ensure that the funds were safely held until all agreements were fulfilled.

transitive verb

Definition: To put something, usually money or a legal document, into a temporary holding arrangement until certain conditions are met.

Example: The buyer placed the deposit in escrow until the sale was finalized.

estate

IPA: /ɪˈsteɪt/

KK: /ɪˈsteɪt/

adjective

Definition: Relating to property or land, especially in terms of ownership or management.

Example: The estate manager oversees the maintenance of the large property.

noun

Definition: A large piece of land or property, often including a house and other buildings, or a social class with specific rights and privileges.

Example: The family owned a beautiful estate in the countryside.

estimate

IPA: /ˈɛstəˌmeɪt/

KK: /ˈɛstəˌmeɪt/

noun

Definition: A rough calculation or judgment about the value, size, or cost of something.

Example: The contractor provided an estimate for the renovation costs.

transitive verb

Definition: To calculate or judge the value, size, or amount of something in a rough or approximate way.

Example: We need to estimate the cost of the project before we start.

estimation

IPA: /ˌɛstəˈmeɪʃən/

KK: /ˌɛstəˈmeɪʃən/

noun

Definition: A judgment or opinion about the value, size, or amount of something.

Example: The estimation of the project's cost was higher than expected.

estimative

IPA: /ˈɛstəˌmeɪtɪv/

KK: /ˈɛstəˌmeɪtɪv/

adjective

Definition: Relating to the process of making an estimate or judgment about something.

Example: The estimative report provided a clear analysis of the project's potential costs.

estimator

IPA: /ˈɛstɪˌmeɪtə/

KK: /ˈɛstɪˌmeɪtər/

noun

Definition: A person or method that calculates or makes an estimate, often related to costs or statistical parameters.

Example: The estimator provided a detailed cost analysis for the project.

euro

IPA: /ˈjʊəroʊ/

KK: /ˈjʊəroʊ/

noun

Definition: The main type of money used in many countries in Europe, especially those that are part of the European Union.

Example: Many people in Europe use the euro to buy goods and services.

euroland

IPA: /ˈjʊərəˌlænd/

KK: /ˈjʊəroʊlænd/

noun

Definition: A term used to refer to the countries that use the euro as their currency.

Example: Many businesses in Euroland benefit from the single currency system.

eurozone

IPA: /ˈjʊəroʊzoʊn/

KK: /ˈjʊəroʊzoʊn/

noun

Definition: A group of European Union countries that have adopted the euro as their common currency.

Example: The eurozone has faced economic challenges in recent years.

exacta

IPA: /ɪɡˈzæktə/

KK: /ɪɡˈzæktə/

noun

Definition: A type of bet in horse racing where the person must choose the horses that finish first and second in the exact order.

Example: He placed an exacta bet on the race, hoping to win big if his horses finished in the right order.

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