Oxford Business English Dictionary for Learners of English

a cross the 'board phrase involving everyone or everything in a company or an industry: The editorial staff took a 10 per cent pay cut across the board. ► a.cross-the-'board adjective [usually before noun]: an across-the-board wage increase

ACRS /,ei si: a:r 'es/ = accelerated cost recovery system

act /aekt/ noun, verb

noun [C]

(usually Act) a law that has been made by a parliament: Many companies could be in breach of the Data Protection Act. regulation

О to amend/pass/repeal an act

(Law) something that sb does that is harmful to sb else: The auditors had been warned of possible illegal acts within the company.

Оto commita criminal/an illegal act (ПИ be/get ,in on the 'act (especially BrE) (AmE usually get .into the 'act) (informal) to be/become involved in an activity that sb else has started, especially to get some benefit for yourself get your

7 action item

'act together (informal) to behave in a more effective or responsible way: The EU needs to get its act together to enforce the new law. idiom at clean verb

verb [no obj]

to do sth for a particular purpose or to deal with a particular situation: We have acted in the shareholders' best interests, о The management has realized its mistake and has acted quickly to avoid disaster, о The broker acted honestly and in good faith (= believing he was doing the right thing). ШЗЭ act for sb/sth; .act on be half of sb/sth 1 to deal with sb's/sth's affairs for them: accountants acting for a number of trusts 2 (Law) to represent sb/sth in a court 'act as sth to perform a particular function; to do a particular job, especially one that requires special skills or is very responsible: Ms Nelson will continue to act as a consultant for six other companies, 'act on sth (also 'act upon sth, especially formal) to do sth as a result of advice, information, instructions, etc. that you have received: The board failed to act on the takeover offer.

acting /'sektiq/ adjective [only before noun] doing an important job that is usually done by sb else : Ms Bruce will serve as acting chief executive until a successor to Mr Gray is appointed.

faction /'sekjn/ noun, verb

noun

see also: affirmative action, class direct disciplinary group industrial job etc.

[u,C] something that you do to deal with a problem or a difficult situation: We need to take urgent action to control costs, о to decide on the best course of action о a 15-point action plan о His task was to propose a plan of action, о The board will take tough action against certain employees.

(Law) [c,U] a legal process to stop a person or company from doing sth, to make sb pay for a mistake or to settle a disagreement: Where the sale involves fraud, the buyer can bring an action for damages against the seller.

[U] the important things that happen over a particular period of time, for example, changes in the price of shares: The big action this week will be in the US, with several companies announcing their financial results.

[ПНЯ convert/put/turn sth into 'action to start doing sth in order to make an idea or plan happen or work: You need to put your plan into action, a piece/slice of the 'action (informal) a share or role in an interesting or exciting activity; a share in the profits: When the company joined Wall Street, investors rushed to get a piece of the action.

verb [+ obj]

to take appropriate steps to make sure that sth is done or dealt with: Your request will be actioned.

actionable /'ээк[эпэЫ/ adjective

(especially AmE) if an idea is actionable, it is practical and can actually be done: providing actionable advice on how to build a healthier company