Insight - Advanced - Unit 3 - 3A

Here you will find the vocabulary from Unit 3 - 3A in the Insight Advanced coursebook, such as "ethos", "fritter away", "strapped", etc.

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Insight - Advanced
foraging [noun]

the act of searching or gathering food, resources, or provisions in the natural environment, typically done by animals

Ex:
self-sufficient [adjective]

capable of providing everything that one needs, particularly food, without any help from others

Ex: The small village aimed to be self-sufficient by generating its own electricity through solar panels .

a piece of furniture or equipment that is sold in parts and is delivered to the buyer in a box so that they can put it together and then use it

a production process where a product is put together in a step-by-step manner by different people or machines, each responsible for a specific task

Ex: Robots now assist workers on the assembly line .
ethos [noun]

the fundamental values and beliefs that influence and guide the behavior and attitudes of a person, group, or organization

Ex: The university fosters an ethos of academic excellence and integrity .

an impractical or impossible idea, plan, or wish

Ex: The notion of a completely utopian society , free of all problems , is often regarded as a pipe dream .

to spend a lot of money on fancy or unnecessary things

Ex: To celebrate their anniversary , the couple splashed out on a gourmet dinner and a weekend getaway .

to spend in a way that exceeds one's income

Ex: The couple took frequent extravagant vacations , leading to significant debt as they were living beyond their means .

to make enough money to pay for one's basic needs

Ex: She is working extra hours to make both ends meet while she looks for a better-paying job .

to slowly and carelessly waste or use up something, such as time, money, resources, or opportunities

Ex: Do n't fritter away your savings on unnecessary expenses ; save for the future .
poverty-stricken [adjective]

suffering from extreme deprivation

Ex: Aid organizations delivered supplies to the poverty-stricken region .

to waste or misuse something valuable, such as money, time, or opportunities

Ex: The government was accused of squandering taxpayer money on unnecessary projects .

the arrangement with an institute or agency according to which they guarantee to make up for the damages in the event of an accident or loss

Ex:

a permanent instruction or procedure that remains in effect until it is altered or terminated

premium [noun]

the amount of money paid to an insurance company in exchange for coverage or protection against specified risks or potential losses

Ex: A higher premium often means better coverage .
contactless [adjective]

(of interactions or payments) done without physical touch, often using wireless technology

Ex: Many public transport systems have adopted contactless ticketing .

a form of insurance that offers financial protection to individuals or businesses against legal obligations and expenses resulting from injuries, damages, or losses caused to others

a bank account that allows frequent deposits and withdrawals, typically using checks, with no prior notice required

Ex: She opened a current account to manage her daily expenses .
debit [noun]

an entry indicating an increase in assets or an expense, and a decrease in debts or income

Ex: The bank statement showed a debit for the transaction .
bonus [noun]

the extra money that we get, besides our salary, as a reward

Ex: The CEO handed out bonuses to recognize excellent performance .
comprehensive [adjective]

covering or including all aspects of something

Ex: She received a comprehensive education that included coursework in a wide range of subjects .
policy [noun]

a set of ideas or a plan of action that has been chosen officially by a group of people, an organization, a political party, etc.

Ex: The university enacted a diversity and inclusion policy to promote equity among students and faculty .

a person or entity that is not directly involved in a particular transaction or agreement, but may have legal rights or obligations related to it

strapped [adjective]

having a limited amount of something, especially of money

Ex: They 're strapped after buying a new car .

an informal threshold of income that marks the level at which a person or household is regarded as very poor or barely able to afford basic necessities

Ex: Policy proposals included a targeted tax credit for families hovering just above the breadline .