Tuesday, November 6, 2012

Tax System in the Unitd States' Vocab


Aggravate: (v) [ag-ruh-veyt]
Definition: to make worse or more severe.
Forms: aggravative (adj).
Example: Rest and avoid activities that aggravate your pain, especially weight bearing activities.

Deduction: (n) [dih-duhk-shuhn]
Definition: the act or process of deducting; subtraction.
Forms: deduct (v).
Example: the tax system is not fair; the deduction is high.

Gap: (n) [gap]
Definition: an empty space or interval.
Forms: gap (v), gaping (adj).
Example: Eventually the gap between reality and its false interpretation becomes unsustainable, and the bubble bursts.

Profit: (n) [prof-it]
Definition: the ratio of such pecuniary gain to the amount of capital invested.
Forms: profit (v).
Example: After figuring your business income and expenses, you are ready to figure the net profit or net loss from your business.

Executives: (n) [ig-zek-yuh-tiv]
Definition: a person or group of persons having administrative or supervisory authority in an organization.
Forms: Executives (adj).
Example: Mark Allen has been appointed chief executive of unite, the student housing company, effective from the end of 2006.

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