the process of getting ownership of something
His latest acquisition was a brand new car.
capitalism
an economic system based on private ownership, competition, and a free market
After the breakup of the Soviet Union, it moved from communism to capitalism.
designate
to appoint
During the CEO's absence, Mark was designated to head the company.
enterprise
a business
His new business enterprise was a company that cleans sneakers for a very low fee.
equal
an equivalent
In his will, the father left equal shares of his estate to both his daughters.
extensive
great in amount or area
The coupled did extensive renovations in their house this year.
feat
an impressive act, showing strength, courage, or unusual ability
Climbing Mt. Everest in his condition was no small feat.
harmful
causing hurt or damage
The mother tried very hard to keep harmful substances locked up.
hostile
fierce; unfriendly
We were happy to move away from our hostile neighbor.
incorporate
to include
The master plan incorporated ideas from the students and the teachers.
inflate
raise above the normal or proper level
The newlywed were discouraged about buying a house because of inflating prices.
market share
The proportion of industry sales of a good or service that is controlled by a company
The owner of the new hamburger business sought ways to increase his market share.
merger
combining two companies into one larger company
The merger between the two companies gave them more competitive power.
monopoly
the control of an entire market by only one person, business, or organization
Most governments have laws to prevent companies from becoming a monopoly.
perceive
to understand
All the members present perceived the situation differently and couldn't come to a decision.
prevent
to stop from happening
There is no way to prevent your car from getting dirty; you just need to clean it often.
reasonable
referring to a logical and right thing to do
He felt the price for the jacket was very reasonable so he purchased it.
seek
to request
Mayor Thomson wanted to seek another term in office.
stimulate
to increase energy or activity
Competition between students is good because it stimulates creativity.
strictly
in a very limited or limiting way
The party was strictly for newcomers.
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