/ ˈmɑr kɪt / [MAHR-kit] (n.)
– an area where products or services can be sold and bought
Example: Japan is a major market for English language learning.
Additional info: As a verb, market means to sell something.
FORECAST
/ ˈfɔrˌkæst / [FAWR-kast] (n.)
– a guess or estimate of something that will happen in the future
Example: Unfortunately, the company didn’t meet its sales forecast this year.
Additional info: Forecast is also commonly used to refer to weather predictions—weather forecast.
PAR
/pɑr/ [pahr] (n.)
– the state of being equal
Example: The price of oil today is at par with its price last week.
Additional info: "At par" and "on par" are expressions related to this word. "At par" refers to two things, usually business-related, with the same value (e.g price), while "on par" means being in the same level (e.g productivity).
ANALYST
/ ˈæn l ɪst / [AN-l-ist] (n.)
– a person who studies something
Example: Our company hired a business analyst to evaluate our sales.
Additional info: Analyst is related to expert and specialist.
SEDAN
/ sɪˈdæn / [si-DAN] (n.)
– a type of car that has four doors
Example: A sedan can comfortably seat four people.
Additional info: In British English, a sedan is more commonly known as a saloon car.
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