Vocabularies

Discover, learn, and master English vocabulary

adjective
ˈsɛr.ɪ.brəl

Related to thinking and mental activities of the brain.

"The novel was highly cerebral, requiring deep analysis."

noun
ˌɒp.tɪ.mɪˈzeɪ.ʃən

Making something work in the best possible way or improving it to achieve maximum effectiveness.

"The company focused on optimization of resources to maximize profits."

verb
ˈɛk.spə.daɪt

To speed up a process or complete work quickly.

"The new policy aims to expedite the visa approval process."

noun
ˌɡloʊ.bəl.aɪˈzeɪ.ʃən

The process by which businesses or other organizations develop international influence or start operating on an international scale.

"Globalization has connected economies across the world."

noun
kənˈvɜː.dʒəns

The process or state of converging or coming together.

"The convergence of technology and healthcare has led to medical advancements."

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trade

noun/verb
treɪd

The action of buying and selling goods and services.

"Trade agreements help boost economic growth."

noun
ˈæf.lu.əns

The state of having a great deal of money; wealth.

"His affluence allowed him to travel the world."

noun
dɪˈspær.ɪ.ti

A great difference between things; inequality.

"Economic disparity exists between rural and urban areas."

noun
ˌmɑːr.dʒɪ.nəl.aɪˈzeɪ.ʃən

The treatment of a person, group, or concept as insignificant or peripheral.

"Economic policies should address the marginalization of the poor."

noun
ˌlɪb.ər.ə.laɪˈzeɪ.ʃən

The removal or loosening of restrictions on something, typically an economic or political system.

"The liberalization of trade policies attracted foreign investments."

noun
ˈaʊt.sɔːr.sɪŋ

The practice of having certain job functions done outside a company instead of having an in-house department or employee handle them.

"Many companies use outsourcing to reduce labor costs."

noun
ˌpraɪ.vɪ.taɪˈzeɪ.ʃən

The transfer of a business, industry, or service from public to private ownership and control.

"The privatization of state-owned companies increased efficiency."

noun
kənˌsɒl.ɪˈdeɪ.ʃən

The action or process of making something stronger or more solid.

"The consolidation of companies led to a more efficient business structure."

noun
prəˈtɛk.ʃə.nɪ.zəm

The theory or practice of shielding a country's domestic industries from foreign competition by taxing imports.

"The government's protectionism helped local businesses grow."

adjective
ˌmæk.roʊ.iː.kəˈnɒm.ɪk

Relating to the large-scale or general economic factors, such as interest rates and national productivity.

"Government policies impact macroeconomic stability."

noun
ˌflʌk.tʃuˈeɪ.ʃən

An irregular rising and falling in number or amount; a variation.

"The stock market experiences frequent fluctuation."

noun
bjʊəˈrɒk.rə.si

A system of government in which most of the important decisions are made by state officials rather than by elected representatives.

"Excessive bureaucracy can slow down decision-making."

noun
məˌnɒp.ə.laɪˈzeɪ.ʃən

The process of gaining exclusive possession or control of a trade, commodity, or service.

"The monopolization of industries can limit consumer choices."

noun
ˌsʌb.dʒʊˈɡeɪ.ʃən

The action of bringing someone or something under domination or control, especially by force.

"The subjugation of weaker nations by colonial powers shaped history."

noun
daɪˌvɜː.sɪ.fɪˈkeɪ.ʃən

The process of a business enlarging or varying its range of products or field of operation.

"Companies adopt diversification strategies to reduce risk."

noun
ˌriːˈstrʌk.tʃər.ɪŋ

The action of organizing something differently.

"The company underwent restructuring to improve efficiency."

noun
ˈtær.ɪf

A tax or duty to be paid on a particular class of imports or exports.

"The government imposed high tariffs on luxury goods."

noun
/ɪnˈfleɪ.ʃən/

The general increase in prices and fall in the purchasing value of money in an economy over time.

"High inflation reduces the value of money over time."

noun
/ˈpɜː.tʃəs.ɪŋ ˈpaʊ.ɚ/

The amount of goods and services that can be purchased with a unit of currency.

"Due to inflation, people's purchasing power has decreased."