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TOEIC Vocabulary Flashcard

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Acquisition & Contract
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amend
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amend star_border
/əˈmend/

If 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.

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acquire
Can you define this word? /ac-quire/ [ah0.k.w.ay1.er0]
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acquire star_border
/ac-quire/ [ah0.k.w.ay1.er0] /əˈkwaɪɚ/

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​

  • 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.

 


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acquisition
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acquisition star_border
/ˌæk.wəˈzɪʃ.ən/

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 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.

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breach
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breach star_border
/briːtʃ/

Breach 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.

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merge
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merge star_border
/mɝːdʒ/

Merge = 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.
  • 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. 

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merger
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merger star_border
/ˈmɝː.dʒɚ/

Merge = 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.

  • 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. 

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take over
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take over star_border
/ˈteɪk/ /oʊ.vɚ/

Take 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.

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takeover
Can you define this word?
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takeover star_border
/ˈteɪkˌoʊ.vɚ/

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 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.

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tender offer
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tender offer star_border

A 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.

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amend

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acquire

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acquisition

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breach

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merge

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merger

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take-over

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takeover

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