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Phrasal Verb - signing away

· 2 min read
Raymundo CH

Image illustrating the verb signing away

Image uploaded to Pixabay by OpenIcons

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Definition​

To officially transfer or convey ownership, control, or responsibility of something, usually by signing a document or agreement.

Examples​

No.Example
1The new CEO signed away the company's assets to the buyers.
2After weeks of negotiations, the politicians finally signed away the peace treaty.
3The father signed away his parental rights to his ex-wife.
4The homeowner signed away the deed to the property to the bank.
5The athlete signed away his earnings to his agent.
6The CEO signed away the contract with the new supplier.
7The landlord signed away the lease to the new tenants.
8The president signed away executive orders throughout his term.
9The witness signed away her statement in court.
10The debtor signed away his debts in bankruptcy.

Phrasal Verb - locking in

· 2 min read
Raymundo CH

Image illustrating the verb locking in

Image uploaded to Pixabay by Kranich17

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Definition​

  1. To make a decision or commitment irreversibly, usually by signing a contract or taking some other formal action. 2. In financial markets, to buy a security at a fixed price in anticipation of future price increases, in order to protect against potential losses or to profit from a rising market.

Examples​

No.Example
1They decided to lock in their rates before the interest rates went up.
2The company locked in a long-term contract with the supplier to secure stable prices for raw materials.
3Investors often lock in their profits by selling their stocks when they reach a certain price.
4After months of deliberation, the board finally locked in the new CEO.
5The airline passenger was able to lock in a lower fare for her flight by booking early.
6The real estate developer locked in a large land purchase to take advantage of a favorable market.
7The stockbroker advised his clients to lock in their gains before the market closed.
8The union negotiated a collective bargaining agreement that locked in wage increases for several years.
9The insurance company offered its customers the option to lock in their premiums for a fixed term.
10The investor locked in his losses by selling his stocks at a lower price than he had bought them.

Phrasal Verb - backing out

· 2 min read
Raymundo CH

Cartoon representing the phrasal verb backing out

Definition​

The act or process of withdrawing from an agreement, commitment, promise, or arrangement that one had previously made or implied. It typically involves a change of mind, a sudden reluctance, or an inability to fulfill one's part, often resulting in inconvenience, disappointment, or negative consequences for the other parties involved. This phrasal verb can refer to anything from a casual social plan to a formal business contract, signifying a departure from an established understanding or obligation, and often carries a connotation of unreliability or abandonment of responsibility.

Examples​

No.

Examples

1She was excited about the trip, but she's backing out at the last minute due to unforeseen circumstances.
2After weeks of negotiation, the buyer decided to back out of the property deal, leaving the seller frustrated.
3You can't just back out of your responsibilities without considering the impact on the team.
4He backed out of the volunteer project because he found a new job that required more of his time.
5Despite giving their word, the company backed out of the merger agreement, citing new financial concerns.
6Are you really considering backing out of our plans for this weekend after we've already made reservations?
7The band had to back out of the festival lineup due to a sudden illness affecting their lead singer.
8I felt really let down when they backed out of helping with the move, leaving us short-handed.
9Don't promise anything if you think you might back out later; it's better to be honest upfront.
10The government was criticized for backing out of its climate change commitments made during the previous administration.