Oxford Business English Dictionary for Learners of English

adjective /'aegrigat/ [only before noun] (Technical) made up of several amounts that are added together to form a total number: The aggregate cost of the equipment was about $1 million, о aggregate figures/profits

verb /'aegrigeit/ [+ obj]

(Technical) to combine different items or amounts into a single group or total: This website aggregates hundreds of thousands of sales and promotions.

aggregation /.aegri'geijn/ noun [u,C]: the aggregation of data

'aggregate .planning noun [u] a method of planning the best way to produce the right amount of goods at the right time and at the lowest cost, based on the total number of items that need to be produced and the total amount of equipment and number of workers available

aggressive /a'gresiv/ adjective

: used especially about a company's policies) strong and determined to make sure that the company succeeds: an aggressive advertising campaign о an aggressive approach to cost-cutting о The rival store responded with aggressive price cuts. О aggressive competition/cost-cutting/expansion/

pricing ♦ aggressive campaigns/price cuts/ promotions

(about a person or company) behaving in a firm and determined way in order to succeed: an aggressive seller/buyer

ag'gressively adverb: The new snacks were aggressively marketed.

ag.gressive 'growth fund (also per formance fund) noun [c]

(Finance) a type of investment fund that buys shares that are expected to increase in value very quickly but have a high risk, in the hope of making large profits

AGI /,ei d3i: 'ai/ = adjusted gross income agile /'aed3ail; AmE 'sed^l/ adjective (used especially about new, small companies) able to adapt quickly to changing situations: The market was filling up with young, agile companies, as well as established competitors. ► agility /a'd3ilati/ noun [u]

'aging .schedule noun [c, usually sing.] (АтЁ) (Accounting) a list of amounts of money owed to a business, shown in the order of the dates they are due to be paid. The list is usually prepared every

15 agreement

month to show how quickly money is being paid and which money might not be paid.

agio /'aed3iau; AmE 'sad^iou/ noun [C, usually sing.] (plural agios)

(Finance) the charge that a bank makes for changing one form of money into another, for example changing coins into notes or changing one currency into another

agism = ageism

AGM /,eid3i:'em/ = annual general meeting

a,greed 'bid noun [c] the situation when most shareholders in a company agree to the offer that another company makes to buy it

a,greed 'value noun [u] (Insurance) the amount that a vehicle, boat, etc. is worth that is agreed with the insurance company when the insurance is arranged. This amount will be paid if the item is destroyed or stolen: You can choose agreed value and well pay you the sum you chose at the start of the policy, о an agreed-value policy -> market value

WHICH WORD?

agreement/arrangement/contract/ deal/deed

These words are used to describe agreements between companies or between people and companies.

Agreement and arrangement tend to be used about business relationships that last over a long period of time: a worldwide marketing agreement о a financing arrangement.

Deal usually describes an agreement to buy or sell sth: They've secured a 5 million deal to supply computer equipment.

Agreement, arrangement and deal are also used to describe an agreement that is reached through much discussion: They came to an arrangement with their bank to repay the debt over 5 years, о We are close to reaching a deal.

Contract is normally used about agreements contained in formal legal documents: She broke the terms of her employment contract.