Oxford Business English Dictionary for Learners of English

(Finance) [+ obj] if a financial institution assembles a loan, it gets a group of banks, etc. to provide money: The Fund has assembled a $10 billion emergency loan package.

assembly /a'sembli/ noun (plural assemblies) see also: self-assembly

[u] the process of fitting together the parts of a product: The new model is being launched at the UK assembly plant, о We plan to begin car assembly at the plant in 2006. о easy-to-follow assembly instructions

[c] a large group of people who come together for a particular purpose: an assembly of over 200 people

as sembly line (also production line)

noun [c]

a line of workers and machines in a factory that fit the parts of a product together in a fixed order: working on an assembly line о An engine rolls off the assembly line every 72 seconds, о Assembly line automation has reduced error rates in manufacturing.

assembly line methods/problems/robots/workers as sembly point noun [c]

a place where people must meet if there is an emergency

as sembly .worker noun [c] a person who works in a factory producing goods: car/electronics assembly workers о Assembly workers were retrained to handle the new electronic technology.

assent /a'sent/ noun, verb (formal)

noun [u]

official agreement to sth

verb [no obj]

to agree to a request, an idea or a suggestion: By using this website you assent to the conditions of use.

assertive /a's3:tiv; AmE a's3:rtiv/ adjective expressing opinions and desires in a strong confident way so that people notice you or do what you want: Working abroad has made her more confident and assertive, о an assertive management style ► as'sertiveness noun [u]

as'sertiveness .training noun [u] (HR) teaching people, for example employees, to be firm and more confident when dealing with people

assess /a'ses/ verb [+ obj]

to judge sb/sth or form an opinion about sb/sth after looking carefully at all the information: The task assesses candidates'strengths and weaknesses, о It is difficult to assess the impact of advertising on sales, о The training needs of staff are assessed every year, [syn] evaluate

to calculate the amount or value of sth: Damage to the building was assessed at 10 000.

(Accounting; Law) (often be assessed) assess sb/ sth for sth | assess sb/sth on/upon sb/sth to decide how much money sb/sth must pay as a tax or a fine: The company tax is assessed on the previous year's activities.

assessed 'value noun [u,c] (Accounting) especially in the US, the value of land and buildings that is used to calculate how much tax has to be paid

assessment /a'sesmant/ noun

see also: performance assessment, risk self--, tax ~

[c,U] an opinion or a judgement about sb/sth made after all the information has been looked at carefully: What's your assessment of the situation? о We need to make a detailed assessment of all the risks involved.

О to give/make an assessment ♦ a detailed/thorough

assessment

(Accounting [c,U] an amount of money, especially tax, that has been calculated and must be paid; the process of calculating this amount: I have appealed against my income tax assessment, о In the year of assessment 2004/2005 the trust had an income of 48 000.

[C] a calculation of the amount or value of sth: The insurance company carried out an assessment of the damage.

О to carry out/make an assessment

(HR) [c.U] the process of testing sb's knowledge and abilities, how well a system works, etc: Many colleges now use continuous assessment, о Our employees take assessment tests to see what training they need, о Who is responsible for the safety assessment of new crops?

to carry out/do/use assessment

assessment .centre (AmBspelling ~ center) noun [c]

(HR) an event where people applying for a job are given a number of tests and interviews to find out what their strengths and weaknesses are; the place where this happens: All job applicants will be expected to participate in an assessment centre.

assessor /a'sesa(r)/ noun [C]

see also: loss assessor, tax assessor