Vocabulary

VAT – Value added Tax

eg: “The VAT on luxury goods in China is extremely high.”

down to earth – informal and easy to talk to

eg: “Even though he became the boss he was still really down to earth.”

the cart before the horse – put the results before the means of achieving the result (the horse pulls the cart)

eg: “Entrepreneurs often put the cart before the horse, trying to establish a business without a product.”

figures – numbers or sets of numbers, possibly with some math involved

eg: “NASA hired many african american women to calculate the figures for rocket launches.”

projected growth – the number you expect to achieve

eg: “What was the projected growth for this year?”

Pronunciation

Writing

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