Boosting the Living Standards of the Self-employed Flashcards

1
Q

Year-on-year

A

adjective

Comparing something to the same time one year before

We have seen great improvements year-on-year.

Sales have decreased slightly year-on-year.

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2
Q

A cyclical blip

A

adjective - noun

An event that occurs in a cycle

The recession is not just a cyclical blip.

They are trying to guard themselves against cyclical blips.

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3
Q

Long term trends

A

adjective - noun

A trend that lasts for a long time

We have seen some worrying long term trends.

Some of these long term trends are disappearing.

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4
Q

… is here to stay

A

phrase

Something will not go away anytime soon

It seems the Metaverse is here to stay.

Unfortunately rising prices are here to stay.

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5
Q

Overhaul

A

verb / noun

To examine something in order to change it

There has been an overhaul in the banking industry.

They are trying to overhaul the system.

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6
Q

Volatility

A

noun

Something that changes unpredictably, usually for the worse

There has been some volatility in recent sales.

Volatility in the economy is unavoidable.

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7
Q

Unforeseen events

A

adjective - noun

Something that happens suddenly and unexpectedly

Some unforeseen events has led to cancelling the show.

Due to unforeseen events we cannot continue.

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8
Q

Deregulation

A

noun

The removal of regulations and restrictions in a certain industry

The HR industry in Japan needs some deregulation.

There was some deregulation of the finance industry after the crash.

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9
Q

Entity

A

noun

A group with an independent existence

Several entities were responsible for the downturn.

A governmental entity was responsible.

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10
Q

Pool

A

verb

To put something together for shared use

We should pool our resources.

They were able to pool their money and pay their rent.

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11
Q

Conventional

A

adjective

Based on how things are normally done or believed

The conventional way would be too slow.

Their methods are very conventional.

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12
Q

Perils and pitfalls

A

nouns

Negative points / difficulties

There are some perils and pitfalls when working part-time.

The perils and pitfalls of his plan is becoming clear.

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13
A
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