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Assets and ownership – English vocabulary

12 words · English vocabulary · Created by Openquiz Team

12 English words with meanings: asset, claim, owe, portfolio, pull out… Study them with flashcards, quizzes and AI speaking practice on OpenQuiz.

Part of the learning path: 600 Essential Words for the TOEIC Exam

Word list

  1. asset /'æset/ (noun) — things of value you own
    Example: A company’s brand reputation is one of its most valuable assets.
    Synonyms: property, resource, possession
  2. claim /kleɪm/ (verb) — to ask for something you believe is yours
    Example: He decided to claim compensation for the damaged luggage.
    Synonyms: demand, request, assert
  3. owe /oʊ/ (verb) — to owe someone thanks or money
    Example: I still owe my friend twenty dollars from last week.
    Synonyms: be indebted to, be obligated to, be in debt to
  4. portfolio /pɔ:rt'foʊlioʊ/ (noun) — all the investments you own
    Example: My investment portfolio includes stocks, bonds, and real estate.
    Synonyms: collection, set, bundle
  5. pull out /pʊl aʊt/ (verb) — to stop taking part in something
    Example: They decided to pull out of the project after the market changed.
    Synonyms: withdraw, retreat, exit
  6. relinquish /rɪ'lɪŋkwɪʃ/ (verb) — give up
    Example: He decided to relinquish control of the company to his daughter.
    Synonyms: give up, surrender, abandon
  7. rely /rɪ'laɪ/ (verb) — to depend on someone or something
    Example: You can rely on me to finish the job on time.
    Synonyms: depend, trust, count on
  8. rely on /rɪ'laɪ ɔ:n/ (verb) — to depend on
    Example: I rely on my friends for support during hard times.
    Synonyms: depend on, trust, count on
  9. resource /rɪ'sɔ:s/ (noun) — useful things or money
    Example: Water is one of our most important natural resources.
    Synonyms: asset, supply, source
  10. stock /stɑ:k/ (noun/verb) — goods you have; to store up
    Example: We need to check our stock before placing a new order.
    Synonyms: inventory, supply, shares
  11. supply /sə'plaɪ/ (noun/verb) — to provide; a source
    Example: We need to supply the store with fresh products every week.
    Synonyms: provide, deliver, furnish
  12. withhold /wɪð'hoʊld/ (verb) — to refuse to give something
    Example: The company decided to withhold the bonus until next quarter.
    Synonyms: keep back, retain, hold back

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