VOCABULARY BUILDING-JH's Word List(season1)

VOCABULARY BUILDING-JH's Word List

1 summit	BBC Summit -an unprecedented summit -the results/decisions of a summit Examples from the talk Chinese scientists are to re-measure the world's tallest peak, Mount Everest, because of fears it may be shrinking. A recent survey found the summit had dropped by 1.3 meters because of global warming. NATO leaders have ended a summit with President Bush - intended to renew the Transatlantic Alliance after recent strains. An unprecedented summit of South American leaders has been dominated by concerns about Colombia's anti-narcotics policies. Sibusiso Vilane, a 32-year-old South African man, has become the first black climber to reach the summit of Mount Everest... At least 40 world leaders are likely to attend December's UN climate summit in Copenhagen in a bid to secure a new global treaty... France's President Sarkozy has even threatened to walk out if the tough financial regulation he wants is watered down. Perhaps it's pre-summit bluster... Related Words:Mount Everest, NATO, Transatlantic, Strain, Copenhagen, in a bid to, treaty, bluster, water down
2 tipping point	.....there is a 'tipping point' in fashions or trends driven by small numbers of highly connected people who have a disproportionate influence over which new products or ideas become popular.
3 sabbatical	In the past few years, Watts-a network-theory scientist who recently took a sabbatical from Columbia University and is now working for Yahoo -has performed a series of controversial, barn-burning experiments challenging the whole Influentials thesis.
4 in question	The Hush Puppies in question are the ones that kick off The Tipping Point, Malcolm Gladwell's best-seller about how trends work.
5 brink	As Gladwell tells it, the fuzzy footwear was a dying brand by late 1994--until a few New York hipsters brought it back from the brink. -hipster
6 whimsy	And this is not, he argues, mere academic whimsy
7 There's no there there	And when you test the way marketers say the world works, it falls apart. There's no there there."
8 virally	He has developed a new technique for propagating ads virally, which can double or even quadruple the reach of an ordinary online campaign by harnessing the pass-around power of everyday people--and ignoring Influentials altogether. Related Words:-quadruple
9 harness
10 toss	Not everyone appreciates the mind bomb Watts has tossed into their midst.
11 peg	Watts, ironically enough, is precisely the type of person you'd peg as an Influential
12 disarming	His Australian accent is disarming, even when he's assuring you that everything you believe is probably crap.
13 pence-pl.of penny
14 antelope giraffe crocodile
15 strata	new species evolving out of old and appearing in younger strata
16 brick and mortar	SWRA consists of brick and mortar wine retailers, Internet-based wine retailers, wine cataloguers, wine auction houses and supporter from both within and outside the wine industry.
17 trivia
18 mystify	This mystified me. Why would anyone be sexually excited by shoes? In fact it mystified me so much that it took me a while to figure out that a shoe fetish had anything to do with sexual excitement.
19 primitive	Months later in some class I heard the word fetish used to describe primitive works of art or religious objects.
20 weirdo	Apart from making me want to wash my hands or something, this part of the OED does help me figure out the connection between weirdoes on the phone and African tribal masks.
21 erotic	It was the tribe of psychologists who in 1901 adopted the word and applied it to the unreasonable erotic worship of otherwise everyday items. Related Words:-tribe -worship
22 fetish	I couldn't figure out why anyone would have a shoe fetish. Podictionary_fetish
23 dispose	There is some evidence that distributors are becoming more favourably disposed towards Australian wines due to their consistent quality and availability.
24 arena	In the public arena, economists are used to playing Scrooge. Related Words:-Scooge
25 folly	It is our job to throw cold water on flights of public folly that cost taxpayers billions of dollars and create little value.
26 tilt	So a Wharton economist, Joel Waldfogel, is displaying a certain amount of intellectual moxie when he tilts his lance at private gift-giving in "Scroogenomics: Why You Shouldn't Buy Presents for the Holidays. Related Words:-moxie
27 compatible	Gifts from uncles and grandparents were valued less than gifts from parents, which was compatible with the view that knowledge of tastes declined with social distance.
28 heaps of	It is tempting when surrounded by heaps of unwanted presents, to see the waste in generosity, yet there are good reasons to be suspicious of his conclusion.
29 bequeath	Even if the recipient doesn't value that "singing fish" all that much, presumably the giver preferred bequeathing the present to keeping the cash.
30 question - see error in	Why would an economist, who would never question private decisions to buy BMWs or bananas, have the confidence to see error in private decisions to give Christmas gifts?
31 laureate	Gifts are better understood with the tools of signaling theory: the branch of economics, pioneered by the Nobel laureate A. Michael Spence, that explains the use of costly actions to provide information.
32 Yule=Yule-tide	Mr. Waldfogel's negative view of holiday gift-giving is essentially a Yule-tide version of the Spence signaling model.
33 virtue	Signaling has many virtues, and it is hard to think of anything more valuable than showing affection for others
34 entail	Such transfers would entail none of the deadweight loss that Mr. Waldfogel perceives.
35 cut checks	We could certainly celebrate the holidays by cutting checks for our parents and children.
36 off base	But by choosing actual gifts, we are trying to show that we care enough about the recipient to do some extra work, and that we know them enough to choose gifts that are not totally off base.
37 humanity	I think humanity engages in too few costly displays of affection, not too many.
38 prosaic	I support the far more prosaic cause of making gifts easier to return or exchange. Related Words:-cause
39 stab-stab at	The ability to exchange provides an easy way of limiting the deadweight loss from giving, while still ensuring that the recipients have seen givers' best stabs at matching their tastes.
40 hectare	In 1994 BRL Hardy acquired Banrock Station with 250 hectares of good soil for producing premium grape varieties.
41 graze	The property was suffering from the impact of prolonged farming and grazing. BRL Hardy, together with Wetland Care Australia undertook a huge revegetation program to remove stock, install fish barriers and reintroduce natural wetting and drying cycles in the wetland.
42 forefront	Australian wines are now at the forefront of a new consumer trend led by "new world" producers' the supply of good quality, good value, ready to drink now, good tasting, fruity wines.
43 embark on	They are aggressively embarking on acquisitions and are interested in Australian wineries.
44 clout	...these have little bargaining power apart from those supplying Merlot and Verdelho who have more clout due to some shortage of these varieties.
45 tapping into	Creating a "green brand" meant tapping into the values and beliefs of wine buyers.
46 ascribe	Keegan, Moriarty and Duncan (1992, p.448) defines it as a "perception in the mind of consumers who ascribe beliefs, values and personalities to products"
47 engender	Successful wine, the brand and the attitude it engenders, must relate to the wine consumer's own sense of individuality and unique style.
48 uppermost	Ottman (1992) claimed that while quality, price and convenience are still uppermost in consumers' purchasing decisions, a fourth attribute, environmental compatibility, that is a product's greenness, is fast becoming a tie-breaker at the shelf.
49 slushy	Hundreds of thousands of revelers welcomed the new year in New York City's Times Square, despite the rain, slushy streets and heightened security, capping worldwide celebrations that often emphasized the hopes for a more peaceful tomorrow. Related Words:-cap
50 dampen	The poor weather and tight security could not dampen the otherwise festive mood in midtown Manhattan Related Words:-festive
51 spirited	The celebration followed spirited festivities elsewhere.
52 emanate	In Hyderabad, Pakistan, the street was dotted with little white lights, emanating from candles that peace marchers were holding.
53 stake out	She had staked out a coveted spot on Broadway between 46th and 47th streets with her teenage son and daughter. Related Words:-coveted spot
54 Cosmic Cinematic
55 exhaustive	Following an exhaustive review of our wine business, we have set a strategic agenda for the whole company, to improve ef铿?ciency, build capability and drive our growth.
56 refine	The sales teams now have dedicated focus on their respective product category, and we are refining our route-to-market strategies
57 encapsulate	That culture is based upon desired behaviours encapsulated in the threeAs 鈥?Accountable, Adaptable and Aggressive.
58 inventory	Global wine sales volumes declined just over 5% mostly impacted by reductions in customer inventories in the Americas and Europe, and the final withdrawal from the cask wine sector in Australia.
59 steadfast	While much is changing at Foster's, our commitment to lead innovation, invest in our brands and maintain the highest quality standards remains steadfast.
60 measure	Record sales are not always a measure of a singer's popularity.
61 boast	We boast three of the five fastest growing brands and three e largest new product releases by value in the past year.
62 watershed	The year in review was a watershed for Foster's with a new business strategy, a new company structure, a new leadership team and a new culture being embedded across the company.
63 imperative	We also agreed a simple vision "where Foster's plays, Foster's wins" and are now structuring our business planning around the strategic imperatives of growth, efficiency and capability.
64 annihilation	We favour the well-being and progress, not the annihilation, of mankind. Freerice
65 palace revolt	Seven out of eight reigns of the Romanov line after Peter the Great were plagued by some sort of palace revolt or popular revolution.
66 Peter the Great	In 1722, Peter the Great passed a law of succession that terminated the principle of heredity. Related Words:-heredity
67 appoint	He proclaimed that the sovereign could appoint a successor in order to accompany his idea of achievement by merit.
68 coronation	Ivan VI was appointed by Czarina Anna, but was only two months old at his coronation in 1740.
69 primogeniture	It was not until 1797 that Paul I codified the law of succession: male primogeniture.
70 strangled	But Paul I was strangled by conspirators, one of whom was probably his son, Alexander I.
71 La Traviata	It's like hearing the overture to Carmen introduce La Traviata.
72 tacitly	Simply by introducing those issues toward the stress position of this in troductory sentence, the authors tacitly promise us that those words will be thematic keys to the rest of the paragraph.
73 disentangle	Disentangling whether the estimation error is neutral or strategic can be difficult, but the net result is the same for the financial analyst.
74 curtail	there are many mechanisms curtailing abuse of that discretion.
75 mitigate	Class action lawsuits are a potentially effective way to mitigate incentives to game the financial reporting system.
76 equate with	Simply equating choices that lower reported earnings with high earnings quality provides at best a marginal indicator of financial reporting quality.
77 flip side	we could easily have included a complete asset and liability section as well, but this would be the flip side of a combination of the revenue and expense.
78 culprit	Collectively, the discretion embedded in the revenue line item is the culprit for the majority of earning restatements, fraud cases, and related SEC enforcement actions.
79 legitimate	They had accelerated the recognition of revenue by booking legitimate future sales orders in the current fiscal period.
80 pursuant to= according to	These transactions may be recognized legitimately under GAAP when special criteria are met, including being done pursuant to the buyer's request.
81 focal	the focal point of earnings announcements and conference calls
82 cynical	This has been described cynically by some as "earnings before bad stuff"
83 ripe for	Spain was a market ripe for development.
84 dapper amiable, short in stature, bow tie,	Antonio Playan was a dapper, amiable man, short in stature but with his silk bow ties he had a certain presence,
85 cylinder
86 piggy-back	Recurring costs can then be "piggy-backed" onto these nonrecurring items.
87 pervasive	the use of operating leases is pervasive in the retail sector with companies such as Walgreen, Wal-Mart, CVS, and others having very large off-balance sheet operating lease obligations.
88 holistic	An easy solution to this problem is to take a holistic view to cash flows, and include operating and investing cash flows when assessing financial reporting quality.
89 myopic	Such myopic behavior is not uncommon for management.
90 class action	CLass action lawsuits are a potentially effective way to mitigate incentives to game the financial reporting system.
91 rounding	does not add to 100 percent due to rounding
92 onerous	the financial burden imposed by bond debt is more onerous and bears more consequences in the event of default than does restructuring provisions or employee benefit plan obligations.
93 elect	Given the differences in the food and pharmaceutical businesses, it would seem unlikely that the world's largest food company would elect to seriously grow the pharmaceutial segment.