TOEIC Vocabulary - acquisition & contract
In this article, you will learn about TOEIC vocabulary words related to acquisition & contract topic. A good command of English vocabulary is extremely important in scoring well on all sections of the TOEIC. We strongly recommend that you study these vocabulary words to prepare for the TOEIC exam. While studying vocabulary words, you should write the words in a notebook, say the words and sentences many times, and try to create your own setences using the words.
amend
/əˈmend/ play_circle_filledIf you amend something that has been written such as a law, or something that is said, you change it in order to improve it or make it more accurate.
- I need to amend this part of the contract before we sign.
- Congress may amend the tax bill.
- The country's constitution was amended to allow women to vote.
- On Friday the country's parliament voted to amend the law.
acquire
/ac-quire/ [ah0.k.w.ay1.er0] /əˈkwaɪɚ/ play_circle_filledTake over = Acquire = to get control of a company by buying enough of the shares in it
Takeover = Acquisition = the act of taking over a company
- In 2006, Google acquired Youtube for $1.65 billion.
- The acquisition frenzy has coincided with an era of historically low-interest rates.
- The $165 billion acquisition between America Online and Time Warner Inc. comes in at number two in our list of biggest takeovers in history.
- The company he works for has recently been taken over.
- The company made a takeover bid for one of its rivals.
acquisition
/ˌæk.wəˈzɪʃ.ən/ play_circle_filledTake over = Acquire = to get control of a company by buying enough of the shares in it
Takeover = Acquisition = the act of taking over a company
- The new acquisition will bring cutting-edge technology to our business, allowing us to expand our offerings to customers.
- The acquisition of a rival company is expected to give our business a significant boost in the industry.
- Yahoo is making a last-ditch effort to thwart the hostile takeover by Microsoft.
breach
/briːtʃ/ play_circle_filledBreach as noun means an act of breaking a rule, law, custom, or practice. Breach as a verb means to break a rule, law, custom, or practice.
- If you raise the price, that will be a breach of our contract.
- Your action is a breach of our agreement.
Breach as a verb
- We don't want to breach the contract we made with your company.
- Professional women's badminton player Tai Tzu-ying was threatened with a fine or a one-year ban from representing the nation at international tournaments by breaching a contract with team sponsor Yonex at the Rio Olympics.
merge
/mɝːdʒ/ play_circle_filledMerge = to combine together
Merger = an occasion when two or more companies join together to make one larger company
Megamerger = the joining of two large corporations, typically in a transaction worth billions of dollars, into one new legal entity.
- To save the business, our company decided to merge it with one of our competitors.
- A merger negotiation between the two companies has reached its final stage.
- Corporation's executives could benefit greatly from the megamerger, while the employees worried about possible job losses.
merger
/ˈmɝː.dʒɚ/ play_circle_filledMerge = to combine together
Merger = an occasion when two or more companies join together to make one larger company
Megamerger = the joining of two large corporations, typically in a transaction worth billions of dollars, into one new legal entity.
- A merger negotiation between the two companies has reached its final stage.
- Corporation's executives could benefit greatly from the megamerger, while the employees worried about possible job losses.
take over
/ˈteɪk/ /oʊ.vɚ/ play_circle_filledTake over = to start doing a job for something that another person did or had responsibility for before
- James took over as manager two weeks ago.
- I am assigned to take over this project while Bob is away.
- John is getting a promotion. He is going to take over as production manager at our factory in Vietnam.
Take over = Acquire = to get control of a company by buying enough of the shares in it
Takeover = Acquisition = the act of taking over a company
- The company he works for has recently been taken over.
- The company made a takeover bid for one of its rivals.
takeover
/ˈteɪkˌoʊ.vɚ/ play_circle_filledTake over = Acquire = to get control of a company by buying enough of the shares in it
Takeover = Acquisition = the act of taking over a company
- The board of directors had the final say in approving the takeover.
- The takeover was seen as a strategic move to expand the company's operations.
- The acquisition was considered a friendly takeover as both companies agreed on the deal.
- The takeover was expected to increase the acquiring company's market share.
- The company made a takeover bid for one of its rivals.
- The hostile takeover bid by technology giant Microsoft for social media giant Twitter caused a stir in the tech industry.
- The hostile takeover attempt by oil and gas company Chevron for Anadarko Petroleum raised concerns about the future of the energy industry.
tender offer
play_circle_filledA tender offer is a bid to purchase some or all of shareholders' stock in a corporation. Tender offers are typically made publicly and invite shareholders to sell their shares for a specified price and within a particular window of time. The price offered is usually at a premium to the market price.
- The acquiring company has officially commenced its cash tender offer for the target company.
- A publicly-traded company may issue a tender offer with the intent to buy back its own outstanding shares on the market.
TOEIC Vocabulary Exercise
Ready to test out the words we've gone over? Let's jump into a fun vocab challenge! You'll listen to English sentences and try to type them out. Think of it as a brain workout! Doing this can really help you remember the words better and boost your speaking and writing skills. Plus, it'll make you more confident in tests and everyday chats. Sounds good? Let's dive in!
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