BT#4

• counterfeit - made to look exactly like something else, usually illegally
• counterfeit - to copy something so that it looks like something else, usually illegally
• crash - a time when many investments lose their value very quickly, usually when investors lose confidence in the market and sell
• crash - an occasion when a computer or computer software suddenly and unexpectedly stops working or fails to work properly
• crash - if stockmarkets, shares etc crash, they suddenly lose a lot of value
• crash - if a computer crashes, or if you crash a computer, it suddenly and unexpectedly stops working
• crisis - a period or moment of great difficulty, danger, or uncertainty, especially in politics or economics
• crisis - a time when a personal problem or situation has reached its worst point
• culture - the ideas, beliefs, and customs that are shared and accepted by people in a society
• culture - the attitudes or beliefs that are shared by a particular group of people or in a particular organization
• customs - the government department responsible for collecting the tax on goods that have been brought into the country and making sure that illegal goods are not imported or exported
• deceit - when someone tries to gain an advantage for themselves by tricking someone, for example by making a false statement
• deceive - to make someone believe something that is not true in order to get what you want
• decline - if an or country ____, it becomes less profitable, productive, wealthy etc
• decline - if sales, output, production etc ——, they become less
• defect - a fault or the lack of something that means that a product etc is not perfect
• demand - spending on goods and services by companies and people in a particular economy
• demand - the total amount of a type of goods or services that people or companies buy in a particular period
• demand - the total amount of a type of goods or services that people or companies would buy if they were available
• demerge - if a company or unit ___ from a group, or if it is ____ , it becomes a separate company
• deregulate - if a government —— a particular business activity, it allows companies to operate more freely so as to increase competition
• devious - using dishonest tricks and deceiving people to get what you want
• differentiation - when a company shows how its products are different from each other and from competing products, for example in its advertising
• disclosure - the duty of someone in a professional position to inform customers, shareholders etc about facts that will influence their decisions
• disclosure - the act of giving information about someone by an organization or person who would normally have to keep that information secret, for example when a bank gives information about a customer’s accounts to the police
• disclosure - a fact which is made known after being kept secret
• dismissal - when someone is removed from their job by their employer
• disposal - the act of getting rid of something
• disposal - an asset that is sold, and the act of selling it
• dispose - if you ____ of something, you get rid of it
• dispose - if a company ____ of a particular asset, activity etc, it sells it
• distribution channel - the way a product is made available and sold, the organizations involved etc
• diversify - if a company or economy ____, it increases the range of goods or services it produces
• diversify - to start to put your money into different types of investments in addition to the investments you already have