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6 Cards in this Set

  • Front
  • Back
instantaneous
happening immediately: an instantaneous response Death was almost instantaneous.
calibrate
to mark units of measurement on an instrument such as a thermometer so that it can be used for measuring sth accurately
drawback
noun ~ (of / to sth)| ~ (of / to doing sth) a disadvantage or problem that makes sth a less attractive idea disadvantage, snag: The main drawback to it is the cost. This is the one major drawback of the new system.
accrue
/kru/ verb (formal)
1 [v] ~ (to sb) (from sth) to increase over a period of time: economic benefits accruing to the country from tourism Interest will accrue if you keep your money in a savings account.
2 [vn] to allow a sum of money or debts to grow over a period of time accumulate: The firm had accrued debts of over $6m.
ac•crual /krul/ noun [U, C]: the accrual of interest
in arrears
if money or a person is paid in arrears for work, the money is paid after the work has been done
mean reversion
A theory suggesting that prices and returns eventually move back towards the mean or average. This mean or average can be the historical average of the price or return or another relevant average such as the growth in the economy or the average return of an industry.