1. Definition of privatize verb [with object] * transfer (a business, industry, or service) from public to private ownership and control: they were opposed to plans to privatize electricity and water 2. Definition of service noun * 1 [mass noun] the action of helping or doing work for someone: 3. Definition of harmonize verb [with object] * 1add notes to (a melody) to produce harmony: 4. Definition of exchange noun * 1an act of giving one thing and receiving another (especially of the same kind) in return: 5. Definition of market noun 1a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities: they wanted to brows 6. Definition of currency noun (plural currencies) * 1a system of money in general use in a particular country: * e around the street market 7. Definition of devastating adjective * 1highly destructive or damaging: a devastating cyclone 8. Definition of productivity noun [mass noun] * the state or quality of being productive: the long-term productivity of land 9. Definition of graduate noun Pronunciation: /ˈgradʒʊət, -djʊət/ * a person who has successfully completed a course of study or training, especially a person who has been awarded an undergraduate or first academic degree. * North American a person who has received a high-school diploma. 10. Definition of influence noun * 1 [mass noun] the capacity to have an effect on the character, development, or behaviour of someone or something, or the effect itself: the influence of television violence I was still under the influence of my parents 11. Definition of investigate verb [with object] * carry out a systematic or formal inquiry to discover and examine the facts of (an incident, allegation, etc.) so as to establish the truth: police are investigating a claim that the man was beaten unconscious by a gang 12. Definition of tactic noun * an action or strategy carefully planned to achieve a specific end: the minority attempted to control the Council by a delaying tactic these are possible tax-saving tactics to discuss with your accountant 13. Definition of supportive adjective * providing encouragement or emotional help: the staff are extremely supportive of each other 14. Definition of recognition noun [mass noun] * the action or process of recognizing or being recognized, in particular: * identification of a thing or person from previous encounters or knowledge: she saw him pass by without a sign of recognition methods of production have improved out of all recognition 15. Definition of trust noun [mass noun] * 1firm belief in the reliability, truth, or ability of someone or something: relations have to be built on trust they have been able to win the trust of the others 16. Definition of determinant noun * 1a factor which decisively affects the nature or outcome of something: pure force of will was the main determinant of his success 17. Definition of implication noun * 1the conclusion that can be drawn from something although it is not explicitly stated: the implication is that no one person at the bank is responsible 18. Definition of crisis noun (plural crises /-siːz/) * a time of intense difficulty or danger: the current economic crisis 19. Definition of subsidy noun (plural subsidies) * 1a sum of money granted by the state or a public body to help an industry or business keep the price of a commodity or service low: a farm subsidy 20. Definition of inflation noun [mass noun] * 1the action of inflating something or the condition of being inflated: the inflation of a balloon the gross inflation of salaries 21. Definition of loan noun * a thing that is borrowed, especially a sum of money that is expected to be paid back with interest: borrowers can take out a loan for £84,000 22. Definition of auction noun * 1a public sale in which goods or property are sold to the highest bidder: the books are expected to fetch a six-figure sum at tomorrow’s auction