Vocabulary IV Flashcards Preview

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Flashcards in Vocabulary IV Deck (33)
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1

Lion's share

The largest part or share.

2

Spec

Built, done, or bought as a speculation.

Ex: "the construction of spec houses"

3

Speculation

A business transaction with considerable risk but offering the chance of large profits.

4

Schadenfreude

Satisfaction at someone else's misfortune.

5

Consortia

A combination of financial institutions and capitalists for carrying into effect some operation requiring large resources of capital.

6

Founder

Verb.

To become wrecked.
To fail utterly.

Example: the great plan foundered.

7

Intercede

To intervene on behalf of someone in trouble.

To try to reconcile differences between two groups.

8

Tenable

Capable of being maintained.

9

Solipsism

Egoistic self-absorption

10

Mea Culpa

"My fault"

Acknowledgment of an error.

11

Contentious

Quarrelsome.

Combative.

12

Hidebound

Inflexible.

Narrow and rigid in opinion.

13

Automation

Computerization.

"To institute automation"

14

Yield

To produce

15

Premium

1). To pay a higher price for something ("the premium price")

2). Something that is in short supply ("housing in that area is at a premium")

3). Of exceptional value ("a wine made of premium grapes").

16

Book value

a.k.a. Par value, face value, nominal value, net worth

- the value of a property or business as stated in a book of accounts. (Total assets minus total liabilities).

17

Market value

The value of a property or business based on what it can be sold for on the open market.

18

Capitulate

1). To surrender

2). When an investor gives up a risky position for a safer one; panic selling.

19

Watershed

An important dividing point between two phases.

Milestone.

20

Mitigation

The act of making a consequence or condition less severe.

21

Surplus

Budget:
When expenses are less than the income taken in.

Inventory:
When fewer supplies are used than were retained.

22

Verdant

Green with vegetation.

23

Grouse

Complain.

Grumble.

24

Epoch

A certain period in time.

25

Drubbing

A beating.

A humiliating defeat.

26

Intrepid

Fearless

27

Implicit

1). Implied rather than expressly stated.
Ex: an implicit agreement.

2). Unquestioning and absolute.
Ex: implicit trust. "I trusted him implicitly".

28

Trough

Lowest point in an economic cycle.
(Opposite of a peak)

29

Missive

Written letter.

Note.

30

Fraught

Filled with.

Full of.