Unit 24. International Trade

Word

Definition

Example

distill

to remove one liquid from a mixture of liquids by boiling; to extract value from a mix of ideas

To distill means to separate the different substances within crude oil by heating the oil until it becomes a gas, then cooling it and collecting the gas and liquids that form at different temperatures.

entrepreneurial

ability to create business opportunities

One of the programme objective is to improve the quality of the entrepreneurial process

extract

to take out

I heard an extract from a beautiful song this morning.

haggle

to argue back and forth about a price

Haggle over the price with street vendors to get the best deal in Turkey.

intrepid

fearless

Intrepid travellers had to get here by ferry from Bangkok which took 11 hours

merchant

a person who makes a living by selling things

He was the son of a wealthy merchant

proportionately

divided according to a ratio

The risk of harm increases proportionately with the dose

prototype

a preliminary version of a product

The prototype of this car was produced in 2006.

reward

something given in recognition of an achievement

A 1 million dollar reward is promised for any information on the wanted criminal.

shuttle

to move back and forth between two places

A shuttle bus takes people from the parking lot to the airport