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Government

DECENTRALISE diˈsɛntrəˌlaɪz

08 Nov 2023

Verb

  • to move control of an organisation from one (central) body to several smaller ones.
Example Sentence: Many attempts have been made in recent years to decentralise power.
 

POLICY pɒləsi

23 Oct 2023

Noun

  • a plan of what to do in certain situations; a set of ideas.
Example Sentence: The company has a clear policy on dealing with bullying.
 

LOOPHOLE lupˌhoʊ

13 Oct 2023

Noun

  • a mistake in the law that allows people to do something that they should not.
Example Sentence: Their lawyers found a loophole in the law and they were acquited.
 

INCOME BRACKET ɪnkʌm brækɪt

11 Oct 2023

Noun

  • a category of taxpayers based on their level of income.
Example Sentence: The tax will mainly effect people in the higher income bracket.
 

FREE MARKET fri mɑrkɪt

07 Oct 2023

Noun

  • a market that is not influenced by the government.
Example Sentence: He supports a free market for goods in Europe.
 

DOMESTIC dəˈmɛstɪk

05 Aug 2023

Adjective

  • relating to a country's internal economy or businesses.
Example Sentence: They are attempting to protect the domestic industries.
 

BOOM bum

18 Jul 2023

Verb

  • a period of economic improvement and increased consumption.
Example Sentence: There was a boom in the 1980s in the UK.
 

ALLIANCE əˈlaɪəns

14 Jul 2023

Noun

  • a group which is held together by an agreement, especially political or military.
Example Sentence: The UK and US formed a military alliance in Iraq.
 

RECESSION rɪˈsɛʃən

18 Apr 2023

Noun

  • a period of economic decline and reduced consumption.
Example Sentence: After the boom of the 1980's the UK economy went into recession.
 

RED TAPE rɛd teɪp

15 Feb 2023

Phrase

  • rules and regulations that seem unnecessary.
Example Sentence: There is a lot of red tape when you try to start up a new business.
 

BIPARTISAN baɪˈpɑrtəzən

13 Nov 2022

Adjective

  • involving two political parties.
Example Sentence: Yesterday there was a bipartisan meeting on the issue of health care reform at the headquarters of the governing party.
 

ALLIANCE əˈlaɪəns

18 Oct 2022

Noun

  • a group which is held together by an agreement, especially political or military.
Example Sentence: The UK and US formed a military alliance in Iraq.
 

TO CEDE sid

13 Oct 2022

Verb

  • to give rights, some land, an area, a part of something to another person/company/country etc, usually unwillingly.
Example Sentence: In 1664 New Amsterdam was ceded to the British.
 

FORECAST fɔrˌkæst

11 Oct 2022

Noun

  • prediction; a statement concerning the future of something (e.g. a market segment, a product, exchange rates).
Example Sentence: The agency issued a gloomy forecast about the future of the sector.
 

LAISSEZ-FAIRE lɛseɪ ˈfɛr

05 Oct 2022

Noun

  • a style of management when the manager sets the task and then allows the employees to complete it with more or less independence and with only a minimal involvement from his side.
Example Sentence: The laissez-faire management style of the CEO really inspires colleagues and spurs growth.
 
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