vocab zorbi Flashcards
Ambit (noun) – Scope
range
Spur (verb) – Stimulate
motivate
Demerit goods (noun) – Goods considered harmful to society and individuals
often subject to taxes or
Resist (verb) – Oppose
withstand
Wind down (phrasal verb) – Slow down
decrease
Rake (in) (verb) – Earn
make
Levy (on) (noun) – Tax
duty
Rationalise (verb) – Streamline
reorganize
Retrieve (verb) – Recover
regain
Discretionary consumption (noun) – Spending on non-essential items or services
based on individual choice or
Cutback (noun) – Reduction
decrease
Input tax credit (noun) – A credit that a business can claim for the tax paid on its purchases
which can
Evasion (noun) – Avoidance
dodging
Tightening the screw (phrase) – Applying more pressure or control
making things stricter or more difficult
Stem (from) (verb) – Originate
derive
Settle (verb) – Resolve
conclude
Build on (phrasal verb) – Develop
expand
Overshoot (verb) – Exceed
surpass
New normal (phrase) – A previously unfamiliar situation that has become standard
typical
Establish (verb) – Set up
start
Uptick (noun) – Increase
rise
Mark (verb) – Denote
indicate
Compliance (noun) – Conformity
adherence
Aid (verb) – Assist
help