VOC U5 Definitions - DEF - EN Flashcards
1) money paid to someone because they have suffered injury or loss. 2) the total amount of money and other advantages that someone receives as an employee.
compensation n. [U] (1) She received compensation for the damage caused to her property. 2) Japanese workers get 30% of their compensation in vacation pay and bonuses.)
1) to pay someone in money and other ways for work that they do. 2) to replace or balance the effect of something bad.
compensate v. [T] (1) Nobody knows if compensating executives better makes their companies perform any better. 2) The salary isn’t as good, but, for me, the opportunity to travel compensates for that.)
a business that sells a particular company’s product, especially cars.
dealership n. [C] (The special offer produced a flood of inquiries at Ford dealerships.)
a meeting between an employee and a manager to discuss the quality of the employee’s work and areas for future progress.
performance review n. [C] (We have an annual performance review and a six monthly mini-review.)
a period of time that you spend working for the same organisation, but in a different location
secondment (n. [U]) (As part of her training, she will go on secondment to our office in Japan.)
a piece of work that is given to someone as part of their job.
assignment n. [C] (His first assignment for the newspaper was to report on the French elections.)
a rule about what you must pay as income tax.
tax requirement n. [C] (What are the tax requirements if I live and work abroad but remain a citizen here?)
a shop that sells a particular company’s product, but is not owned by that company.
Independent outlet n. [C] (Many of the town’s restaurants are chains, but there are also some good independent outlets.)
affecting or including the whole world.
global adj. (Multinational companies create, in effect, a global economy.)
an amount of money that is paid into a bank account.
deposit n. [C] (You can make deposits in the cash machines.)
an amount of money that you must pay to the government according to your income, property, goods, etc. and that is used to pay for public services.
tax2 n. [C,U] (Many people feel they are paying too much tax.)
based on many kinds of things or people.
broadly-based (also broad-based AmE) adj. (There is broadly-based public opposition to the government’s proposal.)
completely developed, trained or established.
fully-edged (also full- edged AmE) adj. [only before noun] (At the age of 22, Davis became the youngest fully-edged member of the board of directors.)
from the beginning, without using anything that was prepared before.
From scratch n. [U] (He had built the business up from scratch.)
if money that you receive is X, you have to pay tax on it.
taxable adj. (Many social security benefits are also taxable.)