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We work once a venture capital darling has filed
for
for
X
chapter 11 bankruptcy.
We work once a
venture capital
venture capital
X
darling
darling
X
has
filed for
filed for
X
chapter 11
chapter 11
X
bankruptcy
bankruptcy
X
.
We
work
once
a
venture
capital
darling
has
filed
for
chapter
11
bankruptcy
The filing marks a stunning reversal
for
for
X
the desk rental giant that was once valued at
The filing marks a stunning reversal for the desk rental giant that was once valued at
The
filing
marks
a
stunning
reversal
for
the
desk
rental
giant
that
was
once
valued
at
$47 billion.
$47 billion.
47
billion
Wework was the poster child
of
of
X
the unsustainable start
up
up
X
frenzy
Wework was the
poster child
poster child
X
of the unsustainable
start up
start up
X
frenzy
frenzy
X
Wework
was
the
poster
child
of
the
unsustainable
start
up
frenzy
of
of
X
the 2010 s rise and fall so dramatic.
of the 2010 s rise and fall so dramatic.
of
the
2010
s
rise
and
fall
so
dramatic
It was characterized
in
in
X
an Apple TV series who
It was characterized in an Apple TV series who
It
was
characterized
in
an
Apple
TV
series
who
is
in
in
X
a fight,
is in a fight,
is
in
a
fight
the smart guy or the crazy guy.
the smart guy or the crazy guy.
the
smart
guy
or
the
crazy
guy
Are you crazy enough?
Are you crazy enough?
Are
you
crazy
enough
I may be,
I may be,
I
may
be
I may be,
I may be,
I
may
be
here's how we work went
from
from
X
being one
of
of
X
the country's most valuable start ups
to
to
X
a bankrupt penny
here's how we work went from being one of the country's most valuable start ups to a bankrupt penny
here's
how
we
work
went
from
being
one
of
the
country's
most
valuable
start
ups
to
a
bankrupt
penny
stock now worth a fraction
of
of
X
its peak value.
stock now worth a
fraction
fraction
X
of its
peak
peak
X
value.
stock
now
worth
a
fraction
of
its
peak
value
We work co founded
by
by
X
Adam Newman specialized in leasing shared workspaces in
We work co founded by Adam Newman specialized in
leasing
leasing
X
shared workspaces in
We
work
co
founded
by
Adam
Newman
specialized
in
leasing
shared
workspaces
in
metropolitan areas
around
around
X
the world.
metropolitan
metropolitan
X
areas around the world.
metropolitan
areas
around
the
world
We're a company that builds communities.
We're a company that builds communities.
We're
a
company
that
builds
communities
We have our mission.
We have our mission.
We
have
our
mission
Our main thing that we do is curate and create culture.
Our main thing that we do is
curate
curate
X
and create culture.
Our
main
thing
that
we
do
is
curate
and
create
culture
Wework was founded in 2010 right
after
after
X
the global financial
Wework was founded in 2010 right after the global financial
Wework
was
founded
in
2010
right
after
the
global
financial
crisis and it basically seized on this casualization
of
of
X
the
crisis and it basically
seized on
seized on
X
this casualization of the
crisis
and
it
basically
seized
on
this
casualization
of
the
workforce that was emerging
after
after
X
that,
workforce that was
emerging
emerging
X
after that,
workforce
that
was
emerging
after
that
we work raked in funding
from
from
X
a roster
of
of
X
major investors
from
from
X
venture capital firm,
we work
raked in
raked in
X
funding from a
roster
roster
X
of major investors from
venture capital
venture capital
X
firm,
we
work
raked
in
funding
from
a
roster
of
major
investors
from
venture
capital
firm
benchmark capital
to
to
X
banks
like
like
X
JP Morgan and Goldman Sachs,
benchmark capital to banks like JP Morgan and Goldman Sachs,
benchmark
capital
to
banks
like
JP
Morgan
and
Goldman
Sachs
the founder,
the founder,
the
founder
Adam Newman was able
to
to
X
convince all
of
of
X
these people that,
Adam Newman was able to convince all of these people that,
Adam
Newman
was
able
to
convince
all
of
these
people
that
that we work was a disruptive tech company that that was going
to
to
X
that we work was a
disruptive
disruptive
X
tech company that that was going to
that
we
work
was
a
disruptive
tech
company
that
that
was
going
to
do
to
to
X
the office market.
do to the office market.
do
to
the
office
market
What, what Facebook did
to
to
X
sort
of
of
X
social media and,
What, what Facebook did to sort of social media and,
What
what
Facebook
did
to
sort
of
social
media
and
and, and what Uber did
to
to
X
,
and, and what Uber did to,
and
and
what
Uber
did
to
to
to
X
uh transportation,
to uh transportation,
to
uh
transportation
they ended
up
up
X
raising
over
over
X
$10 billion
for
for
X
what was effectively a
they ended up raising over $10 billion for what was effectively a
they
ended
up
raising
over
10
billion
for
what
was
effectively
a
real estate company worth a lot less
than
than
X
$10 billion.
real estate company worth a lot less than $10 billion.
real
estate
company
worth
a
lot
less
than
10
billion
In 2019.
In 2019.
In
2019
Wework hit a peak valuation
of
of
X
$47 billion and took steps
towards
towards
X
an
Wework hit a
peak valuation
peak valuation
X
of $47 billion and took steps towards an
Wework
hit
a
peak
valuation
of
47
billion
and
took
steps
towards
an
initial public offering.
initial
public offering
public offering
X
.
initial
public
offering
At the time,
At the time,
At
the
time
the private tech start ups were seen
as
as
X
this really sort
of
of
X
powerful engine
of
of
X
the
the private tech start ups were seen as this really sort of powerful engine of the
the
private
tech
start
ups
were
seen
as
this
really
sort
of
powerful
engine
of
the
future economy.
future economy.
future
economy
And there was a lot
of
of
X
optimism
about
about
X
them.
And there was a lot of optimism about them.
And
there
was
a
lot
of
optimism
about
them
So they get ready
to
to
X
go public and sort
of
of
X
reveal their numbers
to
to
X
the world and people
So they get ready to
go public
go public
X
and sort of reveal their numbers to the world and people
So
they
get
ready
to
go
public
and
sort
of
reveal
their
numbers
to
the
world
and
people
kind
of
of
X
wake
up
up
X
while we worked revenue was growing.
kind of wake up while we worked
revenue
revenue
X
was growing.
kind
of
wake
up
while
we
worked
revenue
was
growing
So were its expenses
despite
despite
X
raking in billions in funding,
So were its
expenses
expenses
X
despite raking in billions in funding,
So
were
its
expenses
despite
raking
in
billions
in
funding
we were yet
to
to
X
announce a profit
since
since
X
its founding in 2010.
we were yet to announce a profit since its founding in 2010.
we
were
yet
to
announce
a
profit
since
its
founding
in
2010
There were also all
of
of
X
these,
There were also all of these,
There
were
also
all
of
these
these conflicts
of
of
X
interest and related party transactions that are really
these
conflicts of interest
conflicts of interest
X
and related party transactions that are really
these
conflicts
of
interest
and
related
party
transactions
that
are
really
concerning
concerning
X
for
for
X
investors in the IPO documents.
concerning for investors in the
IPO
IPO
X
documents.
concerning
for
investors
in
the
IPO
documents
So Adam Newman owns stakes in four buildings that he leased
to
to
X
So Adam Newman owns
stakes
stakes
X
in four buildings that he leased to
So
Adam
Newman
owns
stakes
in
four
buildings
that
he
leased
to
Wework.
Wework.
Wework
And so he's on both sides
of
of
X
those deals on top
of
of
X
concerns
about
about
X
wework
from
from
X
public market
And so he's on both sides of those deals on top of concerns about wework from public market
And
so
he's
on
both
sides
of
those
deals
on
top
of
concerns
about
wework
from
public
market
investors.
investors.
investors
Questions
over
over
X
Newman's leadership style also threatened the company,
Questions over Newman's leadership style also threatened the company,
Questions
over
Newman's
leadership
style
also
threatened
the
company
Adam Newman had this a chaotic approach
to
to
X
management.
Adam Newman had this a
chaotic
chaotic
X
approach to management.
Adam
Newman
had
this
a
chaotic
approach
to
management
One day,
One day,
One
day
he would decide that 20%
of
of
X
the staff,
he would decide that 20% of the staff,
he
would
decide
that
20
of
the
staff
the bottom 20% needed to be fired every year.
the bottom 20% needed to be
fired
fired
X
every year.
the
bottom
20
needed
to
be
fired
every
year
Adam was really
into
into
X
spending in all these eclectic
Adam was really into spending in all these
eclectic
eclectic
X
Adam
was
really
into
spending
in
all
these
eclectic
ways.
ways.
ways
They had a small unit and we work that was making self driving robots
to
to
X
go
around
around
X
and
They had a small unit and we work that was making self driving robots to go around and
They
had
a
small
unit
and
we
work
that
was
making
self
driving
robots
to
go
around
and
drop mail
off
off
X
at
at
X
people.
drop mail off at people.
drop
mail
off
at
people
They bought a $63 million jet that Adam directed and was a huge fan
of
of
X
it
They bought a $63 million jet that Adam directed and was a huge fan of it
They
bought
a
63
million
jet
that
Adam
directed
and
was
a
huge
fan
of
it
is just
like
like
X
one excess
after
after
X
the other
at
at
X
its peak,
is just like one
excess
excess
X
after the other at its
peak
peak
X
,
is
just
like
one
excess
after
the
other
at
its
peak
we work ultimately their 2019 IPO and shortly
after
after
X
Newman
we work ultimately their 2019
IPO
IPO
X
and shortly after Newman
we
work
ultimately
their
2019
IPO
and
shortly
after
Newman
resigned
as
as
X
CEO walking away
with
with
X
more
than
than
X
$1 billion
from
from
X
Softbank,
resigned as CEO walking away with more than $1 billion from Softbank,
resigned
as
CEO
walking
away
with
more
than
1
billion
from
Softbank
a tech investor that acquired Wework.
a tech investor that
acquired
acquired
X
Wework.
a
tech
investor
that
acquired
Wework
It was such an extraordinary amount
of
of
X
money
for
for
X
someone who had actually really
It was such an extraordinary amount of money for someone who had actually really
It
was
such
an
extraordinary
amount
of
money
for
someone
who
had
actually
really
destroyed so much value
after
after
X
creating it.
destroyed so much value after creating it.
destroyed
so
much
value
after
creating
it
I think that's a stain that still stays
with
with
X
him.
I think that's a
stain
stain
X
that still stays with him.
I
think
that's
a
stain
that
still
stays
with
him
When you sort
of
of
X
mention Adam Newman and we work,
When you sort of mention Adam Newman and we work,
When
you
sort
of
mention
Adam
Newman
and
we
work
people often say
like
like
X
,
people often say like,
people
often
say
like
isn't that the guy who got really rich while investors lost everything?
isn't that the guy who got really rich while investors lost everything?
isn't
that
the
guy
who
got
really
rich
while
investors
lost
everything
And that's accurate.
And that's accurate.
And
that's
accurate
Not long
after
after
X
Newman's departure,
Not long after Newman's departure,
Not
long
after
Newman's
departure
COVID-19 spread
across
across
X
the globe.
COVID-19 spread across the globe.
COVID-19
spread
across
the
globe
Demand
for
for
X
office space decreased rent dropped and we work's entire business
Demand for office space decreased rent dropped and we work's entire business
Demand
for
office
space
decreased
rent
dropped
and
we
work's
entire
business
model became its own Achilles Heel.
model became its own
Achilles Heel
Achilles Heel
X
.
model
became
its
own
Achilles
Heel
So they just have these rents that are
from
from
X
a different era that they're paying while their tenants are paying them a lot
So they just have these rents that are from a different
era
era
X
that they're paying while their tenants are paying them a lot
So
they
just
have
these
rents
that
are
from
a
different
era
that
they're
paying
while
their
tenants
are
paying
them
a
lot
less.
less.
less
They have been burning
through
through
X
$300 million a quarter
of
of
X
They have been
burning through
burning through
X
$300 million a quarter of
They
have
been
burning
through
300
million
a
quarter
of
cash.
cash.
cash
Four years
after
after
X
pledging
to
to
X
restructure
to
to
X
rationalize.
Four years after
pledging
pledging
X
to restructure to rationalize.
Four
years
after
pledging
to
restructure
to
rationalize
It's just completely untenable.
It's just completely
untenable
.
It's
just
completely
untenable
We filed
for
for
X
bankruptcy barely four years
after
after
X
the company reached its peak
We
filed for
filed for
X
bankruptcy
bankruptcy
X
barely four years after the company reached its
peak
peak
X
We
filed
for
bankruptcy
barely
four
years
after
the
company
reached
its
peak
valuation and more
than
than
X
two years
after
after
X
it went public
under
under
X
new leadership
in
in
X
valuation and more than two years after it went public under new leadership in
valuation
and
more
than
two
years
after
it
went
public
under
new
leadership
in
2021 the tank
of
of
X
cash that once overflowed ran
2021 the tank of cash that once
overflowed
ran
2021
the
tank
of
cash
that
once
overflowed
ran
out,
out,
out
they were never able
to
to
X
make a profitable business.
they were never able to make a profitable business.
they
were
never
able
to
make
a
profitable
business
It's an extraordinary tale in that they raised
over
over
X
16 billion
of
of
X
equity and debt
It's an extraordinary tale in that they raised over 16 billion of
equity
equity
X
and debt
It's
an
extraordinary
tale
in
that
they
raised
over
16
billion
of
equity
and
debt
over
over
X
13 years,
over 13 years,
over
13
years
but
but
X
this may not be the end
of
of
X
wework story.
but this may not be the end of wework story.
but
this
may
not
be
the
end
of
wework
story
The business will likely go
on
on
X
.
The business will likely go on.
The
business
will
likely
go
on
They're going to need to cancel a ton
of
of
X
leases,
They're going to need to cancel a ton of leases,
They're
going
to
need
to
cancel
a
ton
of
leases
cancel their debt and presumably can come out
of
of
X
this a real business
cancel their debt and presumably can come out of this a real business
cancel
their
debt
and
presumably
can
come
out
of
this
a
real
business
that can make money.
that can make money.
that
can
make
money
They have some locations where it's profitable,
They have some locations where it's profitable,
They
have
some
locations
where
it's
profitable
but
but
X
it's going
to
to
X
need a lot
of
of
X
work in bankruptcy court
to
to
X
get there.
but it's going to need a lot of work in
bankruptcy
bankruptcy
X
court to get there.
but
it's
going
to
need
a
lot
of
work
in
bankruptcy
court
to
get
there
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Definition
________(________v________e________r________b________)________ ________T________o________ ________g________a________i________n________ ________o________r________ ________o________b________t________a________i________n________ ________s________o________m________e________t________h________i________n________g________ ________t________h________r________o________u________g________h________ ________e________f________f________o________r________t________ ________o________r________ ________p________a________y________m________e________n________t________
Definition
________(________v________e________r________b________,________)________ ________T________o________ ________t________a________k________e________ ________a________d________v________a________n________t________a________g________e________ ________o________f________ ________o________r________ ________m________a________k________e________ ________u________s________e________ ________o________f________ ________s________o________m________e________t________h________i________n________g________,________ ________e________s________p________e________c________i________a________l________l________y________ ________a________n________ ________o________p________p________o________r________t________u________n________i________t________y________ ________o________r________ ________a________ ________s________i________t________u________a________t________i________o________n________,________
Definition
________(________n________o________u________n________)________ ________A________ ________s________t________a________r________t________ ________u________p________ ________i________s________ ________a________ ________n________e________w________l________y________ ________e________s________t________a________b________l________i________s________h________e________d________ ________b________u________s________i________n________e________s________s________,________ ________t________y________p________i________c________a________l________l________y________ ________o________n________e________ ________t________h________a________t________ ________i________s________ ________n________o________t________ ________y________e________t________ ________p________r________o________f________i________t________a________b________l________e________ ________a________n________d________ ________i________s________ ________s________t________i________l________l________ ________i________n________ ________t________h________e________ ________p________r________o________c________e________s________s________ ________o________f________ ________d________e________v________e________l________o________p________i________n________g________ ________i________t________s________ ________p________r________o________d________u________c________t________s________ ________a________n________d________ ________s________e________r________v________i________c________e________s________.________
Definition
________(________n________o________u________n________)________ ________S________o________m________e________t________h________i________n________g________ ________o________n________ ________w________h________i________c________h________ ________m________o________n________e________y________ ________i________s________ ________s________p________e________n________t________
ˈfrakʃn
![]()
ˈfrækʃən
![]()
Definition
________(________n________o________u________n________)________ ________A________ ________s________m________a________l________l________ ________p________a________r________t________ ________o________r________ ________a________m________o________u________n________t________ ________o________f________ ________s________o________m________e________t________h________i________n________g________,________ ________u________s________u________a________l________l________y________ ________i________n________ ________c________o________m________p________a________r________i________s________o________n________ ________t________o________ ________t________h________e________ ________w________h________o________l________e________
ɪˈklɛktɪk
![]()
iˈklɛktɪk
![]()
Definition
________(________a________d________j________e________c________t________i________v________e________)________ ________I________n________c________l________u________d________i________n________g________ ________t________h________i________n________g________s________ ________t________a________k________e________n________ ________f________r________o________m________ ________m________a________n________y________ ________d________i________f________f________e________r________e________n________t________ ________s________o________u________r________c________e________s________.________
ˌtʃæptər əˈlɛvən
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Definition
________(________n________o________u________n________)________ ________C________h________a________p________t________e________r________ ________1________1________ ________i________s________ ________a________ ________t________y________p________e________ ________o________f________ ________b________a________n________k________r________u________p________t________c________y________ ________f________i________l________i________n________g________ ________i________n________ ________t________h________e________ ________U________n________i________t________e________d________ ________S________t________a________t________e________s________ ________t________h________a________t________ ________a________l________l________o________w________s________ ________a________ ________c________o________m________p________a________n________y________ ________t________o________ ________r________e________o________r________g________a________n________i________z________e________ ________i________t________s________ ________d________e________b________t________s________ ________a________n________d________ ________c________o________n________t________i________n________u________e________ ________o________p________e________r________a________t________i________n________g________ ________w________h________i________l________e________ ________u________n________d________e________r________ ________t________h________e________ ________p________r________o________t________e________c________t________i________o________n________ ________o________f________ ________t________h________e________ ________c________o________u________r________t________.________
overflowed
Definition
(verb) To be completely filled with something. Often used figuratively.
Definition
________(________v________e________r________b________)________ ________T________o________ ________b________e________ ________d________i________s________m________i________s________s________e________d________ ________f________r________o________m________ ________a________ ________j________o________b________,________ ________u________s________u________a________l________l________y________ ________d________u________e________ ________t________o________ ________p________o________o________r________ ________p________e________r________f________o________r________m________a________n________c________e________ ________o________r________ ________m________i________s________c________o________n________d________u________c________t________.________
Definition
________(________v________e________r________b________)________ ________T________o________ ________g________a________i________n________ ________o________r________ ________e________a________r________n________ ________a________ ________l________a________r________g________e________ ________a________m________o________u________n________t________ ________o________f________ ________m________o________n________e________y________ ________q________u________i________c________k________l________y________.________
Definition
________(________n________o________u________n________)________ ________A________ ________c________o________n________f________l________i________c________t________ ________o________f________ ________i________n________t________e________r________e________s________t________ ________i________s________ ________a________ ________s________i________t________u________a________t________i________o________n________ ________i________n________ ________w________h________i________c________h________ ________a________ ________p________e________r________s________o________n________ ________o________r________ ________o________r________g________a________n________i________z________a________t________i________o________n________ ________h________a________s________ ________c________o________m________p________e________t________i________n________g________ ________i________n________t________e________r________e________s________t________s________ ________o________r________ ________l________o________y________a________l________t________i________e________s________ ________t________h________a________t________ ________c________o________u________l________d________ ________i________n________f________l________u________e________n________c________e________ ________t________h________e________i________r________ ________d________e________c________i________s________i________o________n________s________ ________o________r________ ________a________c________t________i________o________n________s________ ________i________n________ ________a________n________ ________i________m________p________r________o________p________e________r________ ________w________a________y________.________
Definition
________(________v________e________r________b________)________ ________T________o________ ________m________a________k________e________ ________i________n________f________o________r________m________a________t________i________o________n________ ________o________r________ ________a________ ________c________o________m________p________a________n________y________'________s________ ________f________i________n________a________n________c________i________a________l________ ________i________n________f________o________r________m________a________t________i________o________n________ ________a________v________a________i________l________a________b________l________e________ ________t________o________ ________t________h________e________ ________p________u________b________l________i________c________,________ ________u________s________u________a________l________l________y________ ________t________h________r________o________u________g________h________ ________a________ ________s________t________o________c________k________ ________e________x________c________h________a________n________g________e________.________
ˌmɛtrəˈpɒlɪt(ə)n
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ˌmɛtrəˈpɑlətn
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Definition
________(________n________o________u________n________)________ ________A________ ________m________e________t________r________o________p________o________l________i________t________a________n________ ________a________r________e________a________ ________i________s________ ________a________ ________l________a________r________g________e________ ________c________i________t________y________ ________a________n________d________ ________i________t________s________ ________s________u________r________r________o________u________n________d________i________n________g________ ________s________u________b________u________r________b________s________ ________o________r________ ________t________o________w________n________s________,________ ________u________s________u________a________l________l________y________ ________i________n________ ________a________ ________p________a________r________t________i________c________u________l________a________r________ ________c________o________u________n________t________r________y________ ________o________r________ ________r________e________g________i________o________n________.________
Definition
________(________v________e________r________b________)________ ________T________o________ ________m________a________k________e________ ________a________ ________f________o________r________m________a________l________ ________r________e________q________u________e________s________t________ ________t________o________ ________a________ ________c________o________u________r________t________ ________o________r________ ________o________t________h________e________r________ ________a________u________t________h________o________r________i________t________y________ ________f________o________r________ ________s________o________m________e________t________h________i________n________g________,________ ________s________u________c________h________ ________a________s________ ________a________ ________l________e________g________a________l________ ________d________o________c________u________m________e________n________t________ ________o________r________ ________a________ ________f________i________n________a________n________c________i________a________l________ ________l________o________a________n________
Definition
________(________v________e________r________b________)________ ________T________o________ ________u________s________e________ ________u________p________ ________q________u________i________c________k________l________y________ ________a________n________d________ ________i________n________ ________l________a________r________g________e________ ________a________m________o________u________n________t________s________
ʌɪpiːˈəʊ
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ˌaipiːˈoʊ
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Definition
________(________n________o________u________n________)________ ________I________n________i________t________i________a________l________ ________P________u________b________l________i________c________ ________O________f________f________e________r________i________n________g________,________ ________t________h________e________ ________f________i________r________s________t________ ________s________a________l________e________ ________o________f________ ________s________t________o________c________k________ ________b________y________ ________a________ ________c________o________m________p________a________n________y________ ________t________o________ ________t________h________e________ ________p________u________b________l________i________c________
ˈrɛvɪnjuː
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ˈrɛvəˌnu
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Definition
________(________n________o________u________n________)________ ________I________n________c________o________m________e________ ________o________r________ ________p________r________o________f________i________t________ ________f________r________o________m________ ________a________ ________b________u________s________i________n________e________s________s________ ________o________r________ ________o________t________h________e________r________ ________a________c________t________i________v________i________t________y________,________ ________u________s________u________a________l________l________y________ ________m________e________a________s________u________r________e________d________ ________o________v________e________r________ ________a________ ________p________e________r________i________o________d________ ________o________f________ ________t________i________m________e________
Definition
________(________n________o________u________n________)________ ________T________h________e________ ________h________i________g________h________e________s________t________ ________v________a________l________u________e________ ________o________f________ ________a________ ________c________o________m________p________a________n________y________'________s________ ________w________o________r________t________h________,________ ________a________s________ ________d________e________t________e________r________m________i________n________e________d________ ________b________y________ ________t________h________e________ ________m________a________r________k________e________t________ ________o________r________ ________i________n________v________e________s________t________o________r________s________
Definition
________(________n________o________u________n________)________ ________A________ ________p________e________r________s________o________n________ ________o________r________ ________t________h________i________n________g________ ________t________h________a________t________ ________i________s________ ________u________s________e________d________ ________t________o________ ________r________e________p________r________e________s________e________n________t________ ________a________ ________p________a________r________t________i________c________u________l________a________r________ ________i________d________e________a________,________ ________m________o________v________e________m________e________n________t________,________ ________o________r________ ________c________a________u________s________e________,________ ________e________s________p________e________c________i________a________l________l________y________ ________o________n________e________ ________t________h________a________t________ ________i________s________ ________s________e________e________n________ ________a________s________ ________s________u________c________c________e________s________s________f________u________l________ ________o________r________ ________e________x________e________m________p________l________a________r________y________.________
untenable
ʌnˈtɛnəbl
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ˌənˈtɛnəb(ə)l
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Definition
(adjective) Not capable of being defended against attack or criticism : not tenable
Example
This argument is clearly untenable.
keɪˈɒtɪk
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keɪˈɑdɪk
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Definition
________(________a________d________j________e________c________t________i________v________e________)________ ________I________n________ ________a________ ________s________t________a________t________e________ ________o________f________ ________c________o________m________p________l________e________t________e________ ________d________i________s________o________r________d________e________r________ ________a________n________d________ ________c________o________n________f________u________s________i________o________n________
Definition
________(________n________o________u________n________)________ ________T________h________e________ ________s________a________l________e________ ________o________f________ ________a________ ________c________o________m________p________a________n________y________'________s________ ________s________t________o________c________k________ ________t________o________ ________t________h________e________ ________p________u________b________l________i________c________ ________f________o________r________ ________t________h________e________ ________f________i________r________s________t________ ________t________i________m________e________,________ ________u________s________u________a________l________l________y________ ________t________h________r________o________u________g________h________ ________a________n________ ________i________n________v________e________s________t________m________e________n________t________ ________b________a________n________k________ ________o________r________ ________b________r________o________k________e________r________.________
piːk
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pik
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Definition
________(________n________o________u________n________)________ ________T________h________e________ ________h________i________g________h________e________s________t________ ________p________o________i________n________t________ ________o________r________ ________l________e________v________e________l________ ________o________f________ ________s________o________m________e________t________h________i________n________g________,________ ________e________s________p________e________c________i________a________l________l________y________ ________a________ ________p________e________r________i________o________d________ ________o________f________ ________t________i________m________e________ ________o________r________ ________a________c________t________i________v________i________t________y________
Definition
________(________n________o________u________n________)________ ________A________ ________s________h________a________r________e________ ________o________r________ ________i________n________t________e________r________e________s________t________ ________i________n________ ________s________o________m________e________t________h________i________n________g________,________ ________e________s________p________e________c________i________a________l________l________y________ ________a________ ________b________u________s________i________n________e________s________s________
Definition
________(________v________e________r________b________)________ ________L________e________a________s________i________n________g________ ________i________s________ ________t________h________e________ ________p________r________o________c________e________s________s________ ________o________f________ ________r________e________n________t________i________n________g________ ________s________o________m________e________t________h________i________n________g________ ________f________o________r________ ________a________ ________p________e________r________i________o________d________ ________o________f________ ________t________i________m________e________,________ ________u________s________u________a________l________l________y________ ________w________i________t________h________ ________a________n________ ________o________p________t________i________o________n________ ________t________o________ ________b________u________y________ ________i________t________ ________a________t________ ________t________h________e________ ________e________n________d________ ________o________f________ ________t________h________e________ ________l________e________a________s________e________.________
ˈrɒstə
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ˈrɑstər
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Definition
________(________n________o________u________n________)________ ________A________ ________l________i________s________t________ ________o________f________ ________n________a________m________e________s________,________ ________e________s________p________e________c________i________a________l________l________y________ ________o________f________ ________p________e________o________p________l________e________ ________w________h________o________ ________a________r________e________ ________e________x________p________e________c________t________e________d________ ________t________o________ ________d________o________ ________a________ ________p________a________r________t________i________c________u________l________a________r________ ________j________o________b________ ________o________r________ ________t________a________s________k________.________
ˈbaŋkrʌp(t)si
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ˈbæŋkrəp(t)si
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Definition
________(________n________o________u________n________)________ ________T________h________e________ ________s________t________a________t________e________ ________o________f________ ________b________e________i________n________g________ ________u________n________a________b________l________e________ ________t________o________ ________p________a________y________ ________o________n________e________'________s________ ________d________e________b________t________s________,________ ________u________s________u________a________l________l________y________ ________r________e________s________u________l________t________i________n________g________ ________i________n________ ________t________h________e________ ________l________o________s________s________ ________o________f________ ________a________l________l________ ________a________s________s________e________t________s________.________
əˈkɪliːzˌhiːl
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əˈˌkɪliz ˈhil
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Definition
________(________n________o________u________n________)________ ________A________ ________w________e________a________k________n________e________s________s________ ________o________r________ ________v________u________l________n________e________r________a________b________i________l________i________t________y________ ________t________h________a________t________ ________c________a________n________ ________l________e________a________d________ ________t________o________ ________d________o________w________n________f________a________l________l________ ________o________r________ ________f________a________i________l________u________r________e________,________
ˈɛkwɪti
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ˈɛkwədi
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Definition
________(________n________o________u________n________)________ ________E________q________u________i________t________y________ ________i________s________ ________t________h________e________ ________v________a________l________u________e________ ________o________f________ ________a________n________ ________a________s________s________e________t________ ________a________f________t________e________r________ ________s________u________b________t________r________a________c________t________i________n________g________ ________a________n________y________ ________l________i________a________b________i________l________i________t________i________e________s________ ________a________s________s________o________c________i________a________t________e________d________ ________w________i________t________h________ ________i________t________.________
ˈɛksɛs
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ˈɛkˌsɛs
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Definition
________(________n________o________u________n________)________ ________B________e________h________a________v________i________o________u________r________ ________t________h________a________t________ ________i________s________ ________c________o________n________s________i________d________e________r________e________d________ ________w________r________o________n________g________ ________b________e________c________a________u________s________e________ ________i________t________ ________g________o________e________s________ ________b________e________y________o________n________d________ ________w________h________a________t________ ________i________s________ ________u________s________u________a________l________,________ ________n________o________r________m________a________l________,________ ________o________r________ ________p________r________o________p________e________r________
ˈfrɛnzi
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ˈfrɛnzi
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Definition
________(________n________o________u________n________)________ ________A________ ________s________t________a________t________e________ ________o________f________ ________w________i________l________d________ ________e________x________c________i________t________e________m________e________n________t________ ________o________r________ ________u________n________c________o________n________t________r________o________l________l________e________d________ ________a________c________t________i________v________i________t________y________.________
ˈvɛntʃə ˌkapɪt(ə)l
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ˈvɛntʃər ˌkæpədl
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Definition
________(________n________o________u________n________)________ ________V________e________n________t________u________r________e________ ________c________a________p________i________t________a________l________ ________i________s________ ________m________o________n________e________y________ ________i________n________v________e________s________t________e________d________ ________i________n________ ________a________ ________b________u________s________i________n________e________s________s________ ________b________y________ ________i________n________v________e________s________t________o________r________s________ ________i________n________ ________e________x________c________h________a________n________g________e________ ________f________o________r________ ________a________ ________s________h________a________r________e________ ________o________f________ ________t________h________e________ ________p________r________o________f________i________t________s________ ________o________r________ ________o________w________n________e________r________s________h________i________p________ ________o________f________ ________t________h________e________ ________b________u________s________i________n________e________s________s________.________
Definition
________(________v________e________r________b________)________ ________M________a________k________i________n________g________ ________a________ ________p________r________o________m________i________s________e________ ________o________r________ ________c________o________m________m________i________t________m________e________n________t________ ________t________o________ ________d________o________ ________s________o________m________e________t________h________i________n________g________.________
ɪˈməːdʒɪŋ
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əˈmərdʒɪŋ
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Definition
________(________a________d________j________e________c________t________i________v________e________)________ ________B________e________g________i________n________n________i________n________g________ ________t________o________ ________c________o________m________e________ ________i________n________t________o________ ________e________x________i________s________t________e________n________c________e________ ________o________r________ ________b________e________c________o________m________e________ ________k________n________o________w________n________;________ ________d________e________v________e________l________o________p________i________n________g________,________
kjʊəˈreɪt
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ˈkjʊˌreɪt
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Definition
________(________v________e________r________b________)________ ________T________o________ ________s________e________l________e________c________t________,________ ________o________r________g________a________n________i________s________e________,________ ________a________n________d________ ________p________r________e________s________e________n________t________ ________(________i________n________f________o________r________m________a________t________i________o________n________,________ ________i________t________e________m________s________,________ ________e________t________c________.________)________ ________f________o________r________ ________a________ ________p________a________r________t________i________c________u________l________a________r________ ________p________u________r________p________o________s________e________ ________o________r________ ________a________u________d________i________e________n________c________e________.________
ˈɪərə
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ˈɪrə
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Definition
________(________n________o________u________n________)________ ________A________ ________p________e________r________i________o________d________ ________o________f________ ________t________i________m________e________ ________i________n________ ________h________i________s________t________o________r________y________,________ ________u________s________u________a________l________l________y________ ________m________a________r________k________e________d________ ________b________y________ ________c________e________r________t________a________i________n________ ________c________h________a________r________a________c________t________e________r________i________s________t________i________c________s________ ________o________r________ ________e________v________e________n________t________s________
dɪsˈrʌptɪv
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dɪsˈrəptɪv
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Definition
________(________a________d________j________e________c________t________i________v________e________)________ ________C________a________u________s________i________n________g________ ________o________r________ ________t________e________n________d________i________n________g________ ________t________o________ ________c________a________u________s________e________ ________d________i________s________r________u________p________t________i________o________n________;________ ________c________h________a________r________a________c________t________e________r________i________z________e________d________ ________b________y________ ________d________i________s________r________u________p________t________i________o________n________;________ ________d________i________s________o________r________d________e________r________l________y________
steɪn
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steɪn
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Definition
________(________n________o________u________n________)________ ________S________o________m________e________t________h________i________n________g________ ________t________h________a________t________ ________c________a________u________s________e________s________ ________p________e________o________p________l________e________ ________t________o________ ________h________a________v________e________ ________l________e________s________s________ ________r________e________s________p________e________c________t________ ________f________o________r________ ________s________o________m________e________o________n________e________ ________:________ ________s________o________m________e________t________h________i________n________g________ ________t________h________a________t________ ________d________a________m________a________g________e________s________ ________a________ ________p________e________r________s________o________n________'________s________ ________r________e________p________u________t________a________t________i________o________n________.________
ˈdɑːlɪŋ
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ˈdɑrlɪŋ
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Definition
________(________n________o________u________n________)________ ________A________ ________p________e________r________s________o________n________ ________o________r________ ________t________h________i________n________g________ ________t________h________a________t________ ________i________s________ ________g________r________e________a________t________l________y________ ________a________d________m________i________r________e________d________ ________o________r________ ________l________o________v________e________d________
acquired
Definition
(verb) To gain or obtain something through effort or payment
Example
The company acquired a new office building.
seized on
Definition
(verb,) To take advantage of or make use of something, especially an opportunity or a situation,
Example
The company seized on the chance to expand their business,
start up
Definition
(noun) A start up is a newly established business, typically one that is not yet profitable and is still in the process of developing its products and services.
Example
The start up was able to get a large investment from a bank.
expenses
Definition
(noun) Something on which money is spent
Example
The company had to pay a lot of expenses for the new office building.
fraction
ˈfrakʃn
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ˈfrækʃən
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Definition
(noun) A small part or amount of something, usually in comparison to the whole
Example
The cost of the car was a fraction of what I expected.
eclectic
ɪˈklɛktɪk
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iˈklɛktɪk
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Definition
(adjective) Including things taken from many different sources.
Example
Universities offering an eclectic mix of courses.
chapter 11
ˌtʃæptər əˈlɛvən
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Definition
(noun) Chapter 11 is a type of bankruptcy filing in the United States that allows a company to reorganize its debts and continue operating while under the protection of the court.
Example
The company was able to restructure its debt and emerge from Chapter 11 bankruptcy.
overflowed
Definition
(verb) To be completely filled with something. Often used figuratively.
fired
Definition
(verb) To be dismissed from a job, usually due to poor performance or misconduct.
Example
The company had to fire several employees due to budget cuts.
raked in
Definition
(verb) To gain or earn a large amount of money quickly.
Example
The company raked in a huge profit from their new product launch.
conflicts of interest
Definition
(noun) A conflict of interest is a situation in which a person or organization has competing interests or loyalties that could influence their decisions or actions in an improper way.
Example
The company was accused of having a conflict of interest when it awarded the contract to its own subsidiary.
go public
Definition
(verb) To make information or a company's financial information available to the public, usually through a stock exchange.
Example
The company decided to go public and offer shares to the public.
metropolitan
ˌmɛtrəˈpɒlɪt(ə)n
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ˌmɛtrəˈpɑlətn
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Definition
(noun) A metropolitan area is a large city and its surrounding suburbs or towns, usually in a particular country or region.
Example
The metropolitan area of Tokyo is one of the most populated in the world.
filed for
Definition
(verb) To make a formal request to a court or other authority for something, such as a legal document or a financial loan
Example
The company filed for a patent to protect their invention.
burning through
Definition
(verb) To use up quickly and in large amounts
Example
The company is burning through its resources at an alarming rate.
IPO
ʌɪpiːˈəʊ
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ˌaipiːˈoʊ
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Definition
(noun) Initial Public Offering, the first sale of stock by a company to the public
Example
The company's IPO was a great success, and the stock price rose significantly
revenue
ˈrɛvɪnjuː
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ˈrɛvəˌnu
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Definition
(noun) Income or profit from a business or other activity, usually measured over a period of time
Example
The company's revenue increased by 10% last year.
peak valuation
Definition
(noun) The highest value of a company's worth, as determined by the market or investors
Example
The company's peak valuation was reached when it was listed on the stock exchange.
poster child
Definition
(noun) A person or thing that is used to represent a particular idea, movement, or cause, especially one that is seen as successful or exemplary.
Example
The new mayor was the poster child for the city's revitalization efforts.
untenable
ʌnˈtɛnəbl
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ˌənˈtɛnəb(ə)l
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Definition
(adjective) Not capable of being defended against attack or criticism : not tenable
Example
This argument is clearly untenable.
chaotic
keɪˈɒtɪk
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keɪˈɑdɪk
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Definition
(adjective) In a state of complete disorder and confusion
Example
The traffic was chaotic during rush hour.
public offering
Definition
(noun) The sale of a company's stock to the public for the first time, usually through an investment bank or broker.
Example
The company's initial public offering was a success, raising more money than expected.
peak
piːk
![]()
pik
![]()
Definition
(noun) The highest point or level of something, especially a period of time or activity
Example
He was at his peak as a cricketer.
stakes
Definition
(noun) A share or interest in something, especially a business
Example
The company has a large stake in the local economy.
leasing
Definition
(verb) Leasing is the process of renting something for a period of time, usually with an option to buy it at the end of the lease.
Example
We are considering leasing a car for our next vacation.
roster
ˈrɒstə
![]()
ˈrɑstər
![]()
Definition
(noun) A list of names, especially of people who are expected to do a particular job or task.
Example
The school's roster of teachers was updated for the new school year.
bankruptcy
ˈbaŋkrʌp(t)si
![]()
ˈbæŋkrəp(t)si
![]()
Definition
(noun) The state of being unable to pay one's debts, usually resulting in the loss of all assets.
Example
The company was forced to declare bankruptcy after its debts became too large to pay.
Achilles Heel
əˈkɪliːzˌhiːl
![]()
əˈˌkɪliz ˈhil
![]()
Definition
(noun) A weakness or vulnerability that can lead to downfall or failure,
Example
The company's lack of foresight became its own Achilles Heel.
equity
ˈɛkwɪti
![]()
ˈɛkwədi
![]()
Definition
(noun) Equity is the value of an asset after subtracting any liabilities associated with it.
Example
The company's equity was valued at $20 million.
excess
ˈɛksɛs
![]()
ˈɛkˌsɛs
![]()
Definition
(noun) Behaviour that is considered wrong because it goes beyond what is usual, normal, or proper
Example
The worst excesses of the French Revolution.
frenzy
ˈfrɛnzi
![]()
ˈfrɛnzi
![]()
Definition
(noun) A state of wild excitement or uncontrolled activity.
Example
The crowd was in a frenzy when the band took the stage.
venture capital
ˈvɛntʃə ˌkapɪt(ə)l
![]()
ˈvɛntʃər ˌkæpədl
![]()
Definition
(noun) Venture capital is money invested in a business by investors in exchange for a share of the profits or ownership of the business.
Example
The venture capital firm invested in the start-up to help it grow.
pledging
Definition
(verb) Making a promise or commitment to do something.
Example
The company pledged to donate 10% of its profits to charity.
emerging
ɪˈməːdʒɪŋ
![]()
əˈmərdʒɪŋ
![]()
Definition
(adjective) Beginning to come into existence or become known; developing,
Example
The emerging technology was quickly adopted by the public.
curate
kjʊəˈreɪt
![]()
ˈkjʊˌreɪt
![]()
Definition
(verb) To select, organise, and present (information, items, etc.) for a particular purpose or audience.
era
ˈɪərə
![]()
ˈɪrə
![]()
Definition
(noun) A period of time in history, usually marked by certain characteristics or events
Example
The industrial era was a time of great technological advancement.
disruptive
dɪsˈrʌptɪv
![]()
dɪsˈrəptɪv
![]()
Definition
(adjective) Causing or tending to cause disruption; characterized by disruption; disorderly
Example
Breaking a disruptive technology into the market is never easy.
stain
steɪn
![]()
steɪn
![]()
Definition
(noun) Something that causes people to have less respect for someone : something that damages a person's reputation.
Example
The awful events would unfairly stain the city's reputation.
darling
ˈdɑːlɪŋ
![]()
ˈdɑrlɪŋ
![]()
Definition
(noun) A person or thing that is greatly admired or loved
acquired
Definition
(verb) To gain or obtain something through effort or payment
Example
The company acquired a new office building.
seized on
Definition
(verb,) To take advantage of or make use of something, especially an opportunity or a situation,
Example
The company seized on the chance to expand their business,
start up
Definition
(noun) A start up is a newly established business, typically one that is not yet profitable and is still in the process of developing its products and services.
Example
The start up was able to get a large investment from a bank.
expenses
Definition
(noun) Something on which money is spent
Example
The company had to pay a lot of expenses for the new office building.
fraction
ˈfrakʃn
![]()
ˈfrækʃən
![]()
Definition
(noun) A small part or amount of something, usually in comparison to the whole
Example
The cost of the car was a fraction of what I expected.
eclectic
ɪˈklɛktɪk
![]()
iˈklɛktɪk
![]()
Definition
(adjective) Including things taken from many different sources.
Example
Universities offering an eclectic mix of courses.
chapter 11
ˌtʃæptər əˈlɛvən
![]()
Definition
(noun) Chapter 11 is a type of bankruptcy filing in the United States that allows a company to reorganize its debts and continue operating while under the protection of the court.
Example
The company was able to restructure its debt and emerge from Chapter 11 bankruptcy.
overflowed
Definition
(verb) To be completely filled with something. Often used figuratively.
fired
Definition
(verb) To be dismissed from a job, usually due to poor performance or misconduct.
Example
The company had to fire several employees due to budget cuts.
raked in
Definition
(verb) To gain or earn a large amount of money quickly.
Example
The company raked in a huge profit from their new product launch.
conflicts of interest
Definition
(noun) A conflict of interest is a situation in which a person or organization has competing interests or loyalties that could influence their decisions or actions in an improper way.
Example
The company was accused of having a conflict of interest when it awarded the contract to its own subsidiary.
go public
Definition
(verb) To make information or a company's financial information available to the public, usually through a stock exchange.
Example
The company decided to go public and offer shares to the public.
metropolitan
ˌmɛtrəˈpɒlɪt(ə)n
![]()
ˌmɛtrəˈpɑlətn
![]()
Definition
(noun) A metropolitan area is a large city and its surrounding suburbs or towns, usually in a particular country or region.
Example
The metropolitan area of Tokyo is one of the most populated in the world.
filed for
Definition
(verb) To make a formal request to a court or other authority for something, such as a legal document or a financial loan
Example
The company filed for a patent to protect their invention.
burning through
Definition
(verb) To use up quickly and in large amounts
Example
The company is burning through its resources at an alarming rate.
IPO
ʌɪpiːˈəʊ
![]()
ˌaipiːˈoʊ
![]()
Definition
(noun) Initial Public Offering, the first sale of stock by a company to the public
Example
The company's IPO was a great success, and the stock price rose significantly
revenue
ˈrɛvɪnjuː
![]()
ˈrɛvəˌnu
![]()
Definition
(noun) Income or profit from a business or other activity, usually measured over a period of time
Example
The company's revenue increased by 10% last year.
peak valuation
Definition
(noun) The highest value of a company's worth, as determined by the market or investors
Example
The company's peak valuation was reached when it was listed on the stock exchange.
poster child
Definition
(noun) A person or thing that is used to represent a particular idea, movement, or cause, especially one that is seen as successful or exemplary.
Example
The new mayor was the poster child for the city's revitalization efforts.
untenable
ʌnˈtɛnəbl
![]()
ˌənˈtɛnəb(ə)l
![]()
Definition
(adjective) Not capable of being defended against attack or criticism : not tenable
Example
This argument is clearly untenable.
chaotic
keɪˈɒtɪk
![]()
keɪˈɑdɪk
![]()
Definition
(adjective) In a state of complete disorder and confusion
Example
The traffic was chaotic during rush hour.
public offering
Definition
(noun) The sale of a company's stock to the public for the first time, usually through an investment bank or broker.
Example
The company's initial public offering was a success, raising more money than expected.
peak
piːk
![]()
pik
![]()
Definition
(noun) The highest point or level of something, especially a period of time or activity
Example
He was at his peak as a cricketer.
stakes
Definition
(noun) A share or interest in something, especially a business
Example
The company has a large stake in the local economy.
leasing
Definition
(verb) Leasing is the process of renting something for a period of time, usually with an option to buy it at the end of the lease.
Example
We are considering leasing a car for our next vacation.
roster
ˈrɒstə
![]()
ˈrɑstər
![]()
Definition
(noun) A list of names, especially of people who are expected to do a particular job or task.
Example
The school's roster of teachers was updated for the new school year.
bankruptcy
ˈbaŋkrʌp(t)si
![]()
ˈbæŋkrəp(t)si
![]()
Definition
(noun) The state of being unable to pay one's debts, usually resulting in the loss of all assets.
Example
The company was forced to declare bankruptcy after its debts became too large to pay.
Achilles Heel
əˈkɪliːzˌhiːl
![]()
əˈˌkɪliz ˈhil
![]()
Definition
(noun) A weakness or vulnerability that can lead to downfall or failure,
Example
The company's lack of foresight became its own Achilles Heel.
equity
ˈɛkwɪti
![]()
ˈɛkwədi
![]()
Definition
(noun) Equity is the value of an asset after subtracting any liabilities associated with it.
Example
The company's equity was valued at $20 million.
excess
ˈɛksɛs
![]()
ˈɛkˌsɛs
![]()
Definition
(noun) Behaviour that is considered wrong because it goes beyond what is usual, normal, or proper
Example
The worst excesses of the French Revolution.
frenzy
ˈfrɛnzi
![]()
ˈfrɛnzi
![]()
Definition
(noun) A state of wild excitement or uncontrolled activity.
Example
The crowd was in a frenzy when the band took the stage.
venture capital
ˈvɛntʃə ˌkapɪt(ə)l
![]()
ˈvɛntʃər ˌkæpədl
![]()
Definition
(noun) Venture capital is money invested in a business by investors in exchange for a share of the profits or ownership of the business.
Example
The venture capital firm invested in the start-up to help it grow.
pledging
Definition
(verb) Making a promise or commitment to do something.
Example
The company pledged to donate 10% of its profits to charity.
emerging
ɪˈməːdʒɪŋ
![]()
əˈmərdʒɪŋ
![]()
Definition
(adjective) Beginning to come into existence or become known; developing,
Example
The emerging technology was quickly adopted by the public.
curate
kjʊəˈreɪt
![]()
ˈkjʊˌreɪt
![]()
Definition
(verb) To select, organise, and present (information, items, etc.) for a particular purpose or audience.
era
ˈɪərə
![]()
ˈɪrə
![]()
Definition
(noun) A period of time in history, usually marked by certain characteristics or events
Example
The industrial era was a time of great technological advancement.
disruptive
dɪsˈrʌptɪv
![]()
dɪsˈrəptɪv
![]()
Definition
(adjective) Causing or tending to cause disruption; characterized by disruption; disorderly
Example
Breaking a disruptive technology into the market is never easy.
stain
steɪn
![]()
steɪn
![]()
Definition
(noun) Something that causes people to have less respect for someone : something that damages a person's reputation.
Example
The awful events would unfairly stain the city's reputation.
darling
ˈdɑːlɪŋ
![]()
ˈdɑrlɪŋ
![]()
Definition
(noun) A person or thing that is greatly admired or loved
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disruptive
dɪsˈrʌptɪv
![]()
dɪsˈrəptɪv
![]()
Definition
(adjective) Causing or tending to cause disruption; characterized by disruption; disorderly
Example
Breaking a disruptive technology into the market is never easy.
seized on
Definition
(verb,) To take advantage of or make use of something, especially an opportunity or a situation,
Example
The company seized on the chance to expand their business,
era
ˈɪərə
![]()
ˈɪrə
![]()
Definition
(noun) A period of time in history, usually marked by certain characteristics or events
Example
The industrial era was a time of great technological advancement.
burning through
Definition
(verb) To use up quickly and in large amounts
Example
The company is burning through its resources at an alarming rate.
roster
ˈrɒstə
![]()
ˈrɑstər
![]()
Definition
(noun) A list of names, especially of people who are expected to do a particular job or task.
Example
The school's roster of teachers was updated for the new school year.
fraction
ˈfrakʃn
![]()
ˈfrækʃən
![]()
Definition
(noun) A small part or amount of something, usually in comparison to the whole
Example
The cost of the car was a fraction of what I expected.
IPO
ʌɪpiːˈəʊ
![]()
ˌaipiːˈoʊ
![]()
Definition
(noun) Initial Public Offering, the first sale of stock by a company to the public
Example
The company's IPO was a great success, and the stock price rose significantly
go public
Definition
(verb) To make information or a company's financial information available to the public, usually through a stock exchange.
Example
The company decided to go public and offer shares to the public.
emerging
ɪˈməːdʒɪŋ
![]()
əˈmərdʒɪŋ
![]()
Definition
(adjective) Beginning to come into existence or become known; developing,
Example
The emerging technology was quickly adopted by the public.
start up
Definition
(noun) A start up is a newly established business, typically one that is not yet profitable and is still in the process of developing its products and services.
Example
The start up was able to get a large investment from a bank.
equity
ˈɛkwɪti
![]()
ˈɛkwədi
![]()
Definition
(noun) Equity is the value of an asset after subtracting any liabilities associated with it.
Example
The company's equity was valued at $20 million.
bankruptcy
ˈbaŋkrʌp(t)si
![]()
ˈbæŋkrəp(t)si
![]()
Definition
(noun) The state of being unable to pay one's debts, usually resulting in the loss of all assets.
Example
The company was forced to declare bankruptcy after its debts became too large to pay.
darling
ˈdɑːlɪŋ
![]()
ˈdɑrlɪŋ
![]()
Definition
(noun) A person or thing that is greatly admired or loved
stakes
Definition
(noun) A share or interest in something, especially a business
Example
The company has a large stake in the local economy.
raked in
Definition
(verb) To gain or earn a large amount of money quickly.
Example
The company raked in a huge profit from their new product launch.
eclectic
ɪˈklɛktɪk
![]()
iˈklɛktɪk
![]()
Definition
(adjective) Including things taken from many different sources.
Example
Universities offering an eclectic mix of courses.
excess
ˈɛksɛs
![]()
ˈɛkˌsɛs
![]()
Definition
(noun) Behaviour that is considered wrong because it goes beyond what is usual, normal, or proper
Example
The worst excesses of the French Revolution.
stain
steɪn
![]()
steɪn
![]()
Definition
(noun) Something that causes people to have less respect for someone : something that damages a person's reputation.
Example
The awful events would unfairly stain the city's reputation.
leasing
Definition
(verb) Leasing is the process of renting something for a period of time, usually with an option to buy it at the end of the lease.
Example
We are considering leasing a car for our next vacation.
metropolitan
ˌmɛtrəˈpɒlɪt(ə)n
![]()
ˌmɛtrəˈpɑlətn
![]()
Definition
(noun) A metropolitan area is a large city and its surrounding suburbs or towns, usually in a particular country or region.
Example
The metropolitan area of Tokyo is one of the most populated in the world.
pledging
Definition
(verb) Making a promise or commitment to do something.
Example
The company pledged to donate 10% of its profits to charity.
Achilles Heel
əˈkɪliːzˌhiːl
![]()
əˈˌkɪliz ˈhil
![]()
Definition
(noun) A weakness or vulnerability that can lead to downfall or failure,
Example
The company's lack of foresight became its own Achilles Heel.
peak
piːk
![]()
pik
![]()
Definition
(noun) The highest point or level of something, especially a period of time or activity
Example
He was at his peak as a cricketer.
filed for
Definition
(verb) To make a formal request to a court or other authority for something, such as a legal document or a financial loan
Example
The company filed for a patent to protect their invention.
chaotic
keɪˈɒtɪk
![]()
keɪˈɑdɪk
![]()
Definition
(adjective) In a state of complete disorder and confusion
Example
The traffic was chaotic during rush hour.
peak valuation
Definition
(noun) The highest value of a company's worth, as determined by the market or investors
Example
The company's peak valuation was reached when it was listed on the stock exchange.
fired
Definition
(verb) To be dismissed from a job, usually due to poor performance or misconduct.
Example
The company had to fire several employees due to budget cuts.
chapter 11
ˌtʃæptər əˈlɛvən
![]()
Definition
(noun) Chapter 11 is a type of bankruptcy filing in the United States that allows a company to reorganize its debts and continue operating while under the protection of the court.
Example
The company was able to restructure its debt and emerge from Chapter 11 bankruptcy.
conflicts of interest
Definition
(noun) A conflict of interest is a situation in which a person or organization has competing interests or loyalties that could influence their decisions or actions in an improper way.
Example
The company was accused of having a conflict of interest when it awarded the contract to its own subsidiary.
public offering
Definition
(noun) The sale of a company's stock to the public for the first time, usually through an investment bank or broker.
Example
The company's initial public offering was a success, raising more money than expected.
expenses
Definition
(noun) Something on which money is spent
Example
The company had to pay a lot of expenses for the new office building.
venture capital
ˈvɛntʃə ˌkapɪt(ə)l
![]()
ˈvɛntʃər ˌkæpədl
![]()
Definition
(noun) Venture capital is money invested in a business by investors in exchange for a share of the profits or ownership of the business.
Example
The venture capital firm invested in the start-up to help it grow.
frenzy
ˈfrɛnzi
![]()
ˈfrɛnzi
![]()
Definition
(noun) A state of wild excitement or uncontrolled activity.
Example
The crowd was in a frenzy when the band took the stage.
acquired
Definition
(verb) To gain or obtain something through effort or payment
Example
The company acquired a new office building.
poster child
Definition
(noun) A person or thing that is used to represent a particular idea, movement, or cause, especially one that is seen as successful or exemplary.
Example
The new mayor was the poster child for the city's revitalization efforts.
curate
kjʊəˈreɪt
![]()
ˈkjʊˌreɪt
![]()
Definition
(verb) To select, organise, and present (information, items, etc.) for a particular purpose or audience.
revenue
ˈrɛvɪnjuː
![]()
ˈrɛvəˌnu
![]()
Definition
(noun) Income or profit from a business or other activity, usually measured over a period of time
Example
The company's revenue increased by 10% last year.
Review complete!
Now watch the video and complete the gaps with the correct word.