Unit 22. Personal Property | Exercises and Flashcards

Unit 22. Personal Property, 400 words for TOEFL Exercises and Flashcards

Word	Definition	Example
acquire	to get	The most important knowledge in life are not acquired at school or college
assess	to estimate	Authorities are assessing damage caused by last night's stormy weather.
asset	a possession that has positive value	A company's assets can consist of cash, investments, specialist knowledge, or copyright material
hazardous	dangerous	He used to work in hazardous conditions.
jointly	together with	The tenants are jointly responsible for their rent.
lease	to rent for a long time	Cars could be leased at a reasonable rate per month.
liability	legal responsibility for something; a disadvantage	It was a limited liability company
proprietor	owner of a business or a building	He is the proprietor of one of the best hotels in Orlando.
safeguard	to protect	How can you safeguard the computer system against hackers?
sole	only	The soles of his feet are very dirty!