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7 posts tagged with "Economics"

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Phrasal Verb - price up

· 2 min read
Raymundo CH

Image illustrating the verb price up

Image uploaded to Pixabay by Peggy_Marco

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Definition​

To assess or estimate the cost of something, often unexpectedly high. It implies a sudden increase in the cost or value of something, often catching someone off guard. This phrasal verb can be used in various situations, such as in business, finance, or even everyday life, where the cost of an item or service becomes unaffordable. It can also refer to the process of setting a fair price for goods or services, where both parties agree on the amount.

Examples​

No.Example
1After the new tax reforms, the prices of luxury items went up, making them unaffordable for many.
2The cost of living in the city has priced up so high that it's becoming challenging for newcomers to adapt.
3The new software development project estimated the project costs to come up to millions of dollars, which was priced up during the feasibility study.
4The economic downturn has seen a price up in the global market, affecting many industries negatively.
5The report showed a price up in healthcare costs by a staggering 25% over the past year.
6The city council decided to price up the parking fees to raise revenue for the infrastructure.
7The sudden price up in oil prices on the global market caused inflation to rise sharply.
8The rising competition in the industry has priced up the manufacturing costs, leading to lower profit margins.
9The government is considering a price up on cigarettes to discourage smoking among citizens.
10The rising housing market prices have priced up many buyers out of the market.

Phrasal Verb - scraping by

· 2 min read
Raymundo CH

Image illustrating the verb scraping by

Image uploaded to Pixabay by Igrinz

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Definition​

living or surviving with great difficulty, especially below the poverty line or just managing to pay bills and maintain a minimal standard of living

Examples​

No.Example
1John and Mary were scraping by on minimum wage jobs.
2Despite their hardships, the family managed to scrape by.
3Many people in this area are barely scraping by.
4The elderly couple were struggling to scrape by on their fixed income.
5With the economy in recession, more and more people were finding it hard to scrape by.
6They were just about managing to scrape by on their meager savings.
7Despite their best efforts, they couldn't seem to scrape by with their current expenses.
8The new mom was exhausted from working long hours to scrape by.
9With the cost of living continuing to rise, more and more people are finding it hard to scrape by.
10They were barely scraping by on their small farm, but they loved the simple life.

Phrasal Verb - Coast Along

· 2 min read
Raymundo CH

Image illustrating the verb Coast Along

Image uploaded to Pixabay by Nowaja

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Definition​

To coast along means to move through a situation or a place without much effort, often relying on others or on available resources to help you through. It can also imply a sense of being carried along by the momentum of something rather than actively driving it forward.

Examples​

No.Example
1The company was able to coast along for a few years without making significant changes.
2She was coasting along in her job, doing the minimum required without any ambition.
3The new policy allowed the government to coast along without making big decisions.
4The coach let the team coast along in the second half, saving energy for the playoffs.
5The artist was able to coast along on the success of his previous album.
6The lawyer was coasting along in the trial, relying on the evidence to speak for itself.
7The small business was able to coast along in the down market, cutting costs and waiting for recovery.
8The couple was coasting along in their relationship, not making much effort to communicate or reconnect.
9The young player was allowed to coast along in the early stages of the tournament, but had to picked up his game in the later stages.
10The experienced programmer was able to coast along on the momentum of the open-source project, contributing little but still benefiting from it.

Phrasal Verb - Dropping Down

· 2 min read
Raymundo CH

Image illustrating the verb Dropping Down

Image uploaded to Pixabay by 2857440

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Definition​

The phrasal verb 'drop down' is a separating action where something, usually prices or levels, decrease by a notable amount. This can refer to changes in stock market prices, personal expenses, costs associated with products or services, or reduction in a level such as a digital level meter.

Examples​

No.Example
1The market prices dropped down significantly due to poor economic forecasts.
2After the price hike, many people started to shop around and prices began dropping down.
3The company reduced its prices and dropped down to the lower end of the scale.
4Following the increase in taxes, our personal expenses dropped down sharply.
5She was looking forward to her promotion but decided not to because another job opportunity dropped down from a prestigious company.
6Their living costs dropped down dramatically after they moved to a new neighborhood.
7He just received an offer for a higher salary and was hesitant to accept because the other applicant dropped back down and reconsidered the offer.
8After the criticism, the prices dropped down dramatically due to the deviation from quality
9Their gaming platform dropped down the price of its subscription service to stay competitive.
10The temperature dropped down overnight because of the cold air mass that moved into the region.

Phrasal Verb - Eating Into

· 2 min read
Raymundo CH

Image illustrating the verb Eating Into

Image uploaded to Pixabay by Scofield38

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Definition​

A phrasal verb used to describe the action of consuming or using up something, typically in a way that is excessive or unfair. It can also imply the idea of taking something away from someone or something, often in a negative or detrimental manner.

Examples​

No.Example
1The company has been eating into the profits of the local restaurant.
2The new policy is eating into the staff's work-life balance.
3The fraudster was eating into the bank's funds by making unauthorized withdrawals.
4The traffic was eating into my morning commute, making me late for work.
5The competitor was eating into our market share with their new product.
6The disease was eating into the countryside, affecting the crops and livestock.
7The energy company was eating into the profits of the renewable energy sector.
8The rival team was eating into our lead with their comeback victory.
9The private equity firm was eating into the public company's assets.
10The environmental group is working to prevent logging from eating into the old-growth forest.

Phrasal Verb - leveling off

· 2 min read
Raymundo CH

Image illustrating the verb leveling off

Image uploaded to Pixabay by photonia

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Definition​

  1. To reach a stable or constant point, especially after a period of increase or decrease.
  2. In aviation, for an aircraft to fly at a constant altitude and airspeed.
  3. To bring something, especially prices or production, to a stable level.

Examples​

No.Example
1The sales figures have finally leveled off after months of steady growth.
2Despite the economic downturn, house prices in this area have not yet leveled off.
3The pilot leveled off at cruising altitude before serving the passengers dinner.
4The company's profits leveled off at around $10 million per year.
5The price of gasoline has leveled off at around $3 per gallon.
6The construction project is expected to level off in the coming weeks.
7The debate between the two candidates finally leveled off and focused on the issues.
8The stock market has been volatile but is finally leveling off.
9The doctor prescribed a medication to help level off the patient's heart rate.
10The team's morale leveled off after a series of losses.

Phrasal Verb - Bringing Down

· 3 min read
Raymundo CH

Image illustrating the verb Bringing Down

Image uploaded to Pixabay by Ran_sy

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Definition​

The phrasal verb "bring down" (and its gerund form, "bringing down") is highly versatile, encompassing several distinct meanings depending on the context. It generally implies a reduction, a fall, a defeat, or a state of sadness or destruction. Specifically, it can mean:

  1. To cause to fall or collapse: This applies to physical objects, structures, or even individuals. For example, a strong gust of wind might bring down a tree, or an external force could bring down a building.
  2. To defeat, overthrow, or depose: Frequently used in political discourse to describe the removal of a government, a leader, or a regime from power. It can also refer to overcoming an opponent in a competition, debate, or struggle.
  3. To reduce in price, level, or amount: Commonly applied in economic and business contexts to signify the lowering of costs, prices, temperatures (e.g., a fever), or levels of something.
  4. To make someone sad or depressed: When a person, event, or situation causes another individual to feel despondent, unhappy, or disheartened.
  5. To kill (an animal or person): Often used in the context of hunting, military actions, or violent acts, typically implying shooting or felling a creature or individual.
  6. To cause an aircraft or spacecraft to land: To guide or force a flying object to descend to the ground or a designated landing area.

Examples​

No.Example
1The financial scandal had the potential to bring down the entire corporation.
2Strong winds and heavy rain began to bring down branches from the ancient oak tree.
3The government introduced new policies to bring down inflation and reduce living costs.
4Don't let one negative comment bring down your morale; focus on your achievements.
5Hunters typically use high-caliber rifles to bring down large game like moose.
6Air traffic control guided the damaged plane, managing to bring it down safely.
7The opposition party worked tirelessly to bring down the controversial new bill.
8His constant criticism had a way of bringing down the mood of everyone in the meeting.
9Efforts are being made to bring down the fever of the sick child.
10Engineers had to use controlled demolitions to bring down the unsafe structure.