Oxford Business English Dictionary for Learners of English

Economics) a particular area of activity or business; a part of a country's economy: the banking/ business/financial/IT sector о weak sectors of the economy о service-sector jobs (= in hotels, restaurants, etc. ► sectoral 'sektaral I,also sectorial sek'to:rial' adjective: a sectoral study

'sector ro tation also ro'tation noun [c.u] Stock Exchangej the movement of money from one area of the market or sector to another: a sector rotation from consumer and retail stocks to financiab and technology

secure r-i'kjua(r); AmE sa'kjor verb, adjective

verb [+ obj]

[formal, secure sth (for sb/sth) j secure sb sth to

obtain or achieve sth, especially when this means using a lot of effort: He was unable to secure funding for the project, о They have secured the contract to build the new retail and leisure complex, о She secured herself a place at business school

Finance) (usually be secured) to legally agree to give sb who lends you money particular property or goods if you do not pay the money back: The loan was fully secured on/against properties the company owned.

to protect sth and make it safe: о The investment will secure 577jobs.

• adjective

safe and likely to continue or be successful for a long time: a secure job/income/investment о The future of the company looks secure.

safe and protected so that it cannot be harmed or affected by sth/sb: Is your computer secure from \irus attacks? о a secure netM'ork/website (= where private information cannot be seen by another person^

secured si'kjuad; AmEsa'kjurd/ adjective {Finance; Law)

if a loan, debt, etc. is secured, the borrower agrees to give the lender particular property or goods if they do not pay the money back: They have obtained a $1.4 billion secured loan from their bankers.

О secured credit/debt/lending/loans

used to describe a person, company, etc. that lends money to sb on the agreement that if the borrower does not pay back the money they will give the lender particular property or goods: In the case of bankruptcy, secured creditors must receive the equivalent of their secured claims.

О secured creditors/lenders [oppj unsecured

theSecurities and ExchangeCo mmissionnoun [sing.] {abbr SEC in the US, a government organization that is responsible for controlling how shares, bonds, etc. are traded to make sure that this is done in an honest way in order to protect investors Financial Services Authority

1 [u] the activities involved in protecting a country, building or person against attack, danger, etc: airport/hotel security о There will be round-the- clock security at the factory.

О lax/strict/tight security ♦ to improve/strengthen/ tighten security ♦ a security alert/check/system

2 [u with sing./pl. verb] the department of a large company or organization that deals with the protection of its buildings, equipment and staff: Security was/were called to the incident, о the head of security

3 [u] protection against sth bad that might happen in the future: financial security о Which type of investment offers the greatest security?

О economic/financial security ♦ to give (sb)/have/ offer (sb)/provide (sb with) security