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1 parity between two rates
Банковское дело: паритет между двумя курсамиУниверсальный англо-русский словарь > parity between two rates
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2 spread
1 noun(a) (between two rates) différence f; STOCK EXCHANGE (between buying and selling prices) différence, écart m(payments) échelonner, étalerSTOCK EXCHANGE spéculer sur les différentiels de cours -
3 Historical Portugal
Before Romans described western Iberia or Hispania as "Lusitania," ancient Iberians inhabited the land. Phoenician and Greek trading settlements grew up in the Tagus estuary area and nearby coasts. Beginning around 202 BCE, Romans invaded what is today southern Portugal. With Rome's defeat of Carthage, Romans proceeded to conquer and rule the western region north of the Tagus, which they named Roman "Lusitania." In the fourth century CE, as Rome's rule weakened, the area experienced yet another invasion—Germanic tribes, principally the Suevi, who eventually were Christianized. During the sixth century CE, the Suevi kingdom was superseded by yet another Germanic tribe—the Christian Visigoths.A major turning point in Portugal's history came in 711, as Muslim armies from North Africa, consisting of both Arab and Berber elements, invaded the Iberian Peninsula from across the Straits of Gibraltar. They entered what is now Portugal in 714, and proceeded to conquer most of the country except for the far north. For the next half a millennium, Islam and Muslim presence in Portugal left a significant mark upon the politics, government, language, and culture of the country.Islam, Reconquest, and Portugal Created, 714-1140The long frontier struggle between Muslim invaders and Christian communities in the north of the Iberian peninsula was called the Reconquista (Reconquest). It was during this struggle that the first dynasty of Portuguese kings (Burgundian) emerged and the independent monarchy of Portugal was established. Christian forces moved south from what is now the extreme north of Portugal and gradually defeated Muslim forces, besieging and capturing towns under Muslim sway. In the ninth century, as Christian forces slowly made their way southward, Christian elements were dominant only in the area between Minho province and the Douro River; this region became known as "territorium Portu-calense."In the 11th century, the advance of the Reconquest quickened as local Christian armies were reinforced by crusading knights from what is now France and England. Christian forces took Montemor (1034), at the Mondego River; Lamego (1058); Viseu (1058); and Coimbra (1064). In 1095, the king of Castile and Léon granted the country of "Portu-cale," what became northern Portugal, to a Burgundian count who had emigrated from France. This was the foundation of Portugal. In 1139, a descendant of this count, Afonso Henriques, proclaimed himself "King of Portugal." He was Portugal's first monarch, the "Founder," and the first of the Burgundian dynasty, which ruled until 1385.The emergence of Portugal in the 12th century as a separate monarchy in Iberia occurred before the Christian Reconquest of the peninsula. In the 1140s, the pope in Rome recognized Afonso Henriques as king of Portugal. In 1147, after a long, bloody siege, Muslim-occupied Lisbon fell to Afonso Henriques's army. Lisbon was the greatest prize of the 500-year war. Assisting this effort were English crusaders on their way to the Holy Land; the first bishop of Lisbon was an Englishman. When the Portuguese captured Faro and Silves in the Algarve province in 1248-50, the Reconquest of the extreme western portion of the Iberian peninsula was complete—significantly, more than two centuries before the Spanish crown completed the Reconquest of the eastern portion by capturing Granada in 1492.Consolidation and Independence of Burgundian Portugal, 1140-1385Two main themes of Portugal's early existence as a monarchy are the consolidation of control over the realm and the defeat of a Castil-ian threat from the east to its independence. At the end of this period came the birth of a new royal dynasty (Aviz), which prepared to carry the Christian Reconquest beyond continental Portugal across the straits of Gibraltar to North Africa. There was a variety of motives behind these developments. Portugal's independent existence was imperiled by threats from neighboring Iberian kingdoms to the north and east. Politics were dominated not only by efforts against the Muslims inPortugal (until 1250) and in nearby southern Spain (until 1492), but also by internecine warfare among the kingdoms of Castile, Léon, Aragon, and Portugal. A final comeback of Muslim forces was defeated at the battle of Salado (1340) by allied Castilian and Portuguese forces. In the emerging Kingdom of Portugal, the monarch gradually gained power over and neutralized the nobility and the Church.The historic and commonplace Portuguese saying "From Spain, neither a good wind nor a good marriage" was literally played out in diplomacy and war in the late 14th-century struggles for mastery in the peninsula. Larger, more populous Castile was pitted against smaller Portugal. Castile's Juan I intended to force a union between Castile and Portugal during this era of confusion and conflict. In late 1383, Portugal's King Fernando, the last king of the Burgundian dynasty, suddenly died prematurely at age 38, and the Master of Aviz, Portugal's most powerful nobleman, took up the cause of independence and resistance against Castile's invasion. The Master of Aviz, who became King João I of Portugal, was able to obtain foreign assistance. With the aid of English archers, Joao's armies defeated the Castilians in the crucial battle of Aljubarrota, on 14 August 1385, a victory that assured the independence of the Portuguese monarchy from its Castilian nemesis for several centuries.Aviz Dynasty and Portugal's First Overseas Empire, 1385-1580The results of the victory at Aljubarrota, much celebrated in Portugal's art and monuments, and the rise of the Aviz dynasty also helped to establish a new merchant class in Lisbon and Oporto, Portugal's second city. This group supported King João I's program of carrying the Reconquest to North Africa, since it was interested in expanding Portugal's foreign commerce and tapping into Muslim trade routes and resources in Africa. With the Reconquest against the Muslims completed in Portugal and the threat from Castile thwarted for the moment, the Aviz dynasty launched an era of overseas conquest, exploration, and trade. These efforts dominated Portugal's 15th and 16th centuries.The overseas empire and age of Discoveries began with Portugal's bold conquest in 1415 of the Moroccan city of Ceuta. One royal member of the 1415 expedition was young, 21-year-old Prince Henry, later known in history as "Prince Henry the Navigator." His part in the capture of Ceuta won Henry his knighthood and began Portugal's "Marvelous Century," during which the small kingdom was counted as a European and world power of consequence. Henry was the son of King João I and his English queen, Philippa of Lancaster, but he did not inherit the throne. Instead, he spent most of his life and his fortune, and that of the wealthy military Order of Christ, on various imperial ventures and on voyages of exploration down the African coast and into the Atlantic. While mythology has surrounded Henry's controversial role in the Discoveries, and this role has been exaggerated, there is no doubt that he played a vital part in the initiation of Portugal's first overseas empire and in encouraging exploration. He was naturally curious, had a sense of mission for Portugal, and was a strong leader. He also had wealth to expend; at least a third of the African voyages of the time were under his sponsorship. If Prince Henry himself knew little science, significant scientific advances in navigation were made in his day.What were Portugal's motives for this new imperial effort? The well-worn historical cliche of "God, Glory, and Gold" can only partly explain the motivation of a small kingdom with few natural resources and barely 1 million people, which was greatly outnumbered by the other powers it confronted. Among Portuguese objectives were the desire to exploit known North African trade routes and resources (gold, wheat, leather, weaponry, and other goods that were scarce in Iberia); the need to outflank the Muslim world in the Mediterranean by sailing around Africa, attacking Muslims en route; and the wish to ally with Christian kingdoms beyond Africa. This enterprise also involved a strategy of breaking the Venetian spice monopoly by trading directly with the East by means of discovering and exploiting a sea route around Africa to Asia. Besides the commercial motives, Portugal nurtured a strong crusading sense of Christian mission, and various classes in the kingdom saw an opportunity for fame and gain.By the time of Prince Henry's death in 1460, Portugal had gained control of the Atlantic archipelagos of the Azores and Madeiras, begun to colonize the Cape Verde Islands, failed to conquer the Canary Islands from Castile, captured various cities on Morocco's coast, and explored as far as Senegal, West Africa, down the African coast. By 1488, Bar-tolomeu Dias had rounded the Cape of Good Hope in South Africa and thereby discovered the way to the Indian Ocean.Portugal's largely coastal African empire and later its fragile Asian empire brought unexpected wealth but were purchased at a high price. Costs included wars of conquest and defense against rival powers, manning the far-flung navel and trade fleets and scattered castle-fortresses, and staffing its small but fierce armies, all of which entailed a loss of skills and population to maintain a scattered empire. Always short of capital, the monarchy became indebted to bankers. There were many defeats beginning in the 16th century at the hands of the larger imperial European monarchies (Spain, France, England, and Holland) and many attacks on Portugal and its strung-out empire. Typically, there was also the conflict that arose when a tenuously held world empire that rarely if ever paid its way demanded finance and manpower Portugal itself lacked.The first 80 years of the glorious imperial era, the golden age of Portugal's imperial power and world influence, was an African phase. During 1415-88, Portuguese navigators and explorers in small ships, some of them caravelas (caravels), explored the treacherous, disease-ridden coasts of Africa from Morocco to South Africa beyond the Cape of Good Hope. By the 1470s, the Portuguese had reached the Gulf of Guinea and, in the early 1480s, what is now Angola. Bartolomeu Dias's extraordinary voyage of 1487-88 to South Africa's coast and the edge of the Indian Ocean convinced Portugal that the best route to Asia's spices and Christians lay south, around the tip of southern Africa. Between 1488 and 1495, there was a hiatus caused in part by domestic conflict in Portugal, discussion of resources available for further conquests beyond Africa in Asia, and serious questions as to Portugal's capacity to reach beyond Africa. In 1495, King Manuel and his council decided to strike for Asia, whatever the consequences. In 1497-99, Vasco da Gama, under royal orders, made the epic two-year voyage that discovered the sea route to western India (Asia), outflanked Islam and Venice, and began Portugal's Asian empire. Within 50 years, Portugal had discovered and begun the exploitation of its largest colony, Brazil, and set up forts and trading posts from the Middle East (Aden and Ormuz), India (Calicut, Goa, etc.), Malacca, and Indonesia to Macau in China.By the 1550s, parts of its largely coastal, maritime trading post empire from Morocco to the Moluccas were under siege from various hostile forces, including Muslims, Christians, and Hindi. Although Moroccan forces expelled the Portuguese from the major coastal cities by 1550, the rival European monarchies of Castile (Spain), England, France, and later Holland began to seize portions of her undermanned, outgunned maritime empire.In 1580, Phillip II of Spain, whose mother was a Portuguese princess and who had a strong claim to the Portuguese throne, invaded Portugal, claimed the throne, and assumed control over the realm and, by extension, its African, Asian, and American empires. Phillip II filled the power vacuum that appeared in Portugal following the loss of most of Portugal's army and its young, headstrong King Sebastião in a disastrous war in Morocco. Sebastiao's death in battle (1578) and the lack of a natural heir to succeed him, as well as the weak leadership of the cardinal who briefly assumed control in Lisbon, led to a crisis that Spain's strong monarch exploited. As a result, Portugal lost its independence to Spain for a period of 60 years.Portugal under Spanish Rule, 1580-1640Despite the disastrous nature of Portugal's experience under Spanish rule, "The Babylonian Captivity" gave birth to modern Portuguese nationalism, its second overseas empire, and its modern alliance system with England. Although Spain allowed Portugal's weakened empire some autonomy, Spanish rule in Portugal became increasingly burdensome and unacceptable. Spain's ambitious imperial efforts in Europe and overseas had an impact on the Portuguese as Spain made greater and greater demands on its smaller neighbor for manpower and money. Portugal's culture underwent a controversial Castilianization, while its empire became hostage to Spain's fortunes. New rival powers England, France, and Holland attacked and took parts of Spain's empire and at the same time attacked Portugal's empire, as well as the mother country.Portugal's empire bore the consequences of being attacked by Spain's bitter enemies in what was a form of world war. Portuguese losses were heavy. By 1640, Portugal had lost most of its Moroccan cities as well as Ceylon, the Moluccas, and sections of India. With this, Portugal's Asian empire was gravely weakened. Only Goa, Damão, Diu, Bombay, Timor, and Macau remained and, in Brazil, Dutch forces occupied the northeast.On 1 December 1640, long commemorated as a national holiday, Portuguese rebels led by the duke of Braganza overthrew Spanish domination and took advantage of Spanish weakness following a more serious rebellion in Catalonia. Portugal regained independence from Spain, but at a price: dependence on foreign assistance to maintain its independence in the form of the renewal of the alliance with England.Restoration and Second Empire, 1640-1822Foreign affairs and empire dominated the restoration era and aftermath, and Portugal again briefly enjoyed greater European power and prestige. The Anglo-Portuguese Alliance was renewed and strengthened in treaties of 1642, 1654, and 1661, and Portugal's independence from Spain was underwritten by English pledges and armed assistance. In a Luso-Spanish treaty of 1668, Spain recognized Portugal's independence. Portugal's alliance with England was a marriage of convenience and necessity between two monarchies with important religious, cultural, and social differences. In return for legal, diplomatic, and trade privileges, as well as the use during war and peace of Portugal's great Lisbon harbor and colonial ports for England's navy, England pledged to protect Portugal and its scattered empire from any attack. The previously cited 17th-century alliance treaties were renewed later in the Treaty of Windsor, signed in London in 1899. On at least 10 different occasions after 1640, and during the next two centuries, England was central in helping prevent or repel foreign invasions of its ally, Portugal.Portugal's second empire (1640-1822) was largely Brazil-oriented. Portuguese colonization, exploitation of wealth, and emigration focused on Portuguese America, and imperial revenues came chiefly from Brazil. Between 1670 and 1740, Portugal's royalty and nobility grew wealthier on funds derived from Brazilian gold, diamonds, sugar, tobacco, and other crops, an enterprise supported by the Atlantic slave trade and the supply of African slave labor from West Africa and Angola. Visitors today can see where much of that wealth was invested: Portugal's rich legacy of monumental architecture. Meanwhile, the African slave trade took a toll in Angola and West Africa.In continental Portugal, absolutist monarchy dominated politics and government, and there was a struggle for position and power between the monarchy and other institutions, such as the Church and nobility. King José I's chief minister, usually known in history as the marquis of Pombal (ruled 1750-77), sharply suppressed the nobility and theChurch (including the Inquisition, now a weak institution) and expelled the Jesuits. Pombal also made an effort to reduce economic dependence on England, Portugal's oldest ally. But his successes did not last much beyond his disputed time in office.Beginning in the late 18th century, the European-wide impact of the French Revolution and the rise of Napoleon placed Portugal in a vulnerable position. With the monarchy ineffectively led by an insane queen (Maria I) and her indecisive regent son (João VI), Portugal again became the focus of foreign ambition and aggression. With England unable to provide decisive assistance in time, France—with Spain's consent—invaded Portugal in 1807. As Napoleon's army under General Junot entered Lisbon meeting no resistance, Portugal's royal family fled on a British fleet to Brazil, where it remained in exile until 1821. In the meantime, Portugal's overseas empire was again under threat. There was a power vacuum as the monarch was absent, foreign armies were present, and new political notions of liberalism and constitutional monarchy were exciting various groups of citizens.Again England came to the rescue, this time in the form of the armies of the duke of Wellington. Three successive French invasions of Portugal were defeated and expelled, and Wellington succeeded in carrying the war against Napoleon across the Portuguese frontier into Spain. The presence of the English army, the new French-born liberal ideas, and the political vacuum combined to create revolutionary conditions. The French invasions and the peninsular wars, where Portuguese armed forces played a key role, marked the beginning of a new era in politics.Liberalism and Constitutional Monarchy, 1822-1910During 1807-22, foreign invasions, war, and civil strife over conflicting political ideas gravely damaged Portugal's commerce, economy, and novice industry. The next terrible blow was the loss of Brazil in 1822, the jewel in the imperial crown. Portugal's very independence seemed to be at risk. In vain, Portugal sought to resist Brazilian independence by force, but in 1825 it formally acknowledged Brazilian independence by treaty.Portugal's slow recovery from the destructive French invasions and the "war of independence" was complicated by civil strife over the form of constitutional monarchy that best suited Portugal. After struggles over these issues between 1820 and 1834, Portugal settled somewhat uncertainly into a moderate constitutional monarchy whose constitution (Charter of 1826) lent it strong political powers to exert a moderating influence between the executive and legislative branches of the government. It also featured a new upper middle class based on land ownership and commerce; a Catholic Church that, although still important, lived with reduced privileges and property; a largely African (third) empire to which Lisbon and Oporto devoted increasing spiritual and material resources, starting with the liberal imperial plans of 1836 and 1851, and continuing with the work of institutions like the Lisbon Society of Geography (established 1875); and a mass of rural peasants whose bonds to the land weakened after 1850 and who began to immigrate in increasing numbers to Brazil and North America.Chronic military intervention in national politics began in 19th-century Portugal. Such intervention, usually commencing with coups or pronunciamentos (military revolts), was a shortcut to the spoils of political office and could reflect popular discontent as well as the power of personalities. An early example of this was the 1817 golpe (coup) attempt of General Gomes Freire against British military rule in Portugal before the return of King João VI from Brazil. Except for a more stable period from 1851 to 1880, military intervention in politics, or the threat thereof, became a feature of the constitutional monarchy's political life, and it continued into the First Republic and the subsequent Estado Novo.Beginning with the Regeneration period (1851-80), Portugal experienced greater political stability and economic progress. Military intervention in politics virtually ceased; industrialization and construction of railroads, roads, and bridges proceeded; two political parties (Regenerators and Historicals) worked out a system of rotation in power; and leading intellectuals sparked a cultural revival in several fields. In 19th-century literature, there was a new golden age led by such figures as Alexandre Herculano (historian), Eça de Queirós (novelist), Almeida Garrett (playwright and essayist), Antero de Quental (poet), and Joaquim Oliveira Martins (historian and social scientist). In its third overseas empire, Portugal attempted to replace the slave trade and slavery with legitimate economic activities; to reform the administration; and to expand Portuguese holdings beyond coastal footholds deep into the African hinterlands in West, West Central, and East Africa. After 1841, to some extent, and especially after 1870, colonial affairs, combined with intense nationalism, pressures for economic profit in Africa, sentiment for national revival, and the drift of European affairs would make or break Lisbon governments.Beginning with the political crisis that arose out of the "English Ultimatum" affair of January 1890, the monarchy became discredtted and identified with the poorly functioning government, political parties splintered, and republicanism found more supporters. Portugal participated in the "Scramble for Africa," expanding its African holdings, but failed to annex territory connecting Angola and Mozambique. A growing foreign debt and state bankruptcy as of the early 1890s damaged the constitutional monarchy's reputation, despite the efforts of King Carlos in diplomacy, the renewal of the alliance in the Windsor Treaty of 1899, and the successful if bloody colonial wars in the empire (1880-97). Republicanism proclaimed that Portugal's weak economy and poor society were due to two historic institutions: the monarchy and the Catholic Church. A republic, its stalwarts claimed, would bring greater individual liberty; efficient, if more decentralized government; and a stronger colonial program while stripping the Church of its role in both society and education.As the monarchy lost support and republicans became more aggressive, violence increased in politics. King Carlos I and his heir Luís were murdered in Lisbon by anarchist-republicans on 1 February 1908. Following a military and civil insurrection and fighting between monarchist and republican forces, on 5 October 1910, King Manuel II fled Portugal and a republic was proclaimed.First Parliamentary Republic, 1910-26Portugal's first attempt at republican government was the most unstable, turbulent parliamentary republic in the history of 20th-century Western Europe. During a little under 16 years of the republic, there were 45 governments, a number of legislatures that did not complete normal terms, military coups, and only one president who completed his four-year term in office. Portuguese society was poorly prepared for this political experiment. Among the deadly legacies of the monarchy were a huge public debt; a largely rural, apolitical, and illiterate peasant population; conflict over the causes of the country's misfortunes; and lack of experience with a pluralist, democratic system.The republic had some talented leadership but lacked popular, institutional, and economic support. The 1911 republican constitution established only a limited democracy, as only a small portion of the adult male citizenry was eligible to vote. In a country where the majority was Catholic, the republic passed harshly anticlerical laws, and its institutions and supporters persecuted both the Church and its adherents. During its brief disjointed life, the First Republic drafted important reform plans in economic, social, and educational affairs; actively promoted development in the empire; and pursued a liberal, generous foreign policy. Following British requests for Portugal's assistance in World War I, Portugal entered the war on the Allied side in March 1916 and sent armies to Flanders and Portuguese Africa. Portugal's intervention in that conflict, however, was too costly in many respects, and the ultimate failure of the republic in part may be ascribed to Portugal's World War I activities.Unfortunately for the republic, its time coincided with new threats to Portugal's African possessions: World War I, social and political demands from various classes that could not be reconciled, excessive military intervention in politics, and, in particular, the worst economic and financial crisis Portugal had experienced since the 16th and 17th centuries. After the original Portuguese Republican Party (PRP, also known as the "Democrats") splintered into three warring groups in 1912, no true multiparty system emerged. The Democrats, except for only one or two elections, held an iron monopoly of electoral power, and political corruption became a major issue. As extreme right-wing dictatorships elsewhere in Europe began to take power in Italy (1922), neighboring Spain (1923), and Greece (1925), what scant popular support remained for the republic collapsed. Backed by a right-wing coalition of landowners from Alentejo, clergy, Coimbra University faculty and students, Catholic organizations, and big business, career military officers led by General Gomes da Costa executed a coup on 28 May 1926, turned out the last republican government, and established a military government.The Estado Novo (New State), 1926-74During the military phase (1926-32) of the Estado Novo, professional military officers, largely from the army, governed and administered Portugal and held key cabinet posts, but soon discovered that the military possessed no magic formula that could readily solve the problems inherited from the First Republic. Especially during the years 1926-31, the military dictatorship, even with its political repression of republican activities and institutions (military censorship of the press, political police action, and closure of the republic's rowdy parliament), was characterized by similar weaknesses: personalism and factionalism; military coups and political instability, including civil strife and loss of life; state debt and bankruptcy; and a weak economy. "Barracks parliamentarism" was not an acceptable alternative even to the "Nightmare Republic."Led by General Óscar Carmona, who had replaced and sent into exile General Gomes da Costa, the military dictatorship turned to a civilian expert in finance and economics to break the budget impasse and bring coherence to the disorganized system. Appointed minister of finance on 27 April 1928, the Coimbra University Law School professor of economics Antônio de Oliveira Salazar (1889-1970) first reformed finance, helped balance the budget, and then turned to other concerns as he garnered extraordinary governing powers. In 1930, he was appointed interim head of another key ministry (Colonies) and within a few years had become, in effect, a civilian dictator who, with the military hierarchy's support, provided the government with coherence, a program, and a set of policies.For nearly 40 years after he was appointed the first civilian prime minister in 1932, Salazar's personality dominated the government. Unlike extreme right-wing dictators elsewhere in Europe, Salazar was directly appointed by the army but was never endorsed by a popular political party, street militia, or voter base. The scholarly, reclusive former Coimbra University professor built up what became known after 1932 as the Estado Novo ("New State"), which at the time of its overthrow by another military coup in 1974, was the longest surviving authoritarian regime in Western Europe. The system of Salazar and the largely academic and technocratic ruling group he gathered in his cabinets was based on the central bureaucracy of the state, which was supported by the president of the republic—always a senior career military officer, General Óscar Carmona (1928-51), General Craveiro Lopes (1951-58), and Admiral Américo Tómaz (1958-74)—and the complicity of various institutions. These included a rubber-stamp legislature called the National Assembly (1935-74) and a political police known under various names: PVDE (1932-45), PIDE (1945-69),and DGS (1969-74). Other defenders of the Estado Novo security were paramilitary organizations such as the National Republican Guard (GNR); the Portuguese Legion (PL); and the Portuguese Youth [Movement]. In addition to censorship of the media, theater, and books, there was political repression and a deliberate policy of depoliticization. All political parties except for the approved movement of regime loyalists, the União Nacional or (National Union), were banned.The most vigorous and more popular period of the New State was 1932-44, when the basic structures were established. Never monolithic or entirely the work of one person (Salazar), the New State was constructed with the assistance of several dozen top associates who were mainly academics from law schools, some technocrats with specialized skills, and a handful of trusted career military officers. The 1933 Constitution declared Portugal to be a "unitary, corporative Republic," and pressures to restore the monarchy were resisted. Although some of the regime's followers were fascists and pseudofascists, many more were conservative Catholics, integralists, nationalists, and monarchists of different varieties, and even some reactionary republicans. If the New State was authoritarian, it was not totalitarian and, unlike fascism in Benito Mussolini's Italy or Adolf Hitler's Germany, it usually employed the minimum of violence necessary to defeat what remained a largely fractious, incoherent opposition.With the tumultuous Second Republic and the subsequent civil war in nearby Spain, the regime felt threatened and reinforced its defenses. During what Salazar rightly perceived as a time of foreign policy crisis for Portugal (1936-45), he assumed control of the Ministry of Foreign Affairs. From there, he pursued four basic foreign policy objectives: supporting the Nationalist rebels of General Francisco Franco in the Spanish Civil War (1936-39) and concluding defense treaties with a triumphant Franco; ensuring that General Franco in an exhausted Spain did not enter World War II on the Axis side; maintaining Portuguese neutrality in World War II with a post-1942 tilt toward the Allies, including granting Britain and the United States use of bases in the Azores Islands; and preserving and protecting Portugal's Atlantic Islands and its extensive, if poor, overseas empire in Africa and Asia.During the middle years of the New State (1944-58), many key Salazar associates in government either died or resigned, and there was greater social unrest in the form of unprecedented strikes and clandestine Communist activities, intensified opposition, and new threatening international pressures on Portugal's overseas empire. During the earlier phase of the Cold War (1947-60), Portugal became a steadfast, if weak, member of the US-dominated North Atlantic Treaty Organization alliance and, in 1955, with American support, Portugal joined the United Nations (UN). Colonial affairs remained a central concern of the regime. As of 1939, Portugal was the third largest colonial power in the world and possessed territories in tropical Africa (Angola, Mozambique, Guinea-Bissau, and São Tomé and Príncipe Islands) and the remnants of its 16th-century empire in Asia (Goa, Damão, Diu, East Timor, and Macau). Beginning in the early 1950s, following the independence of India in 1947, Portugal resisted Indian pressures to decolonize Portuguese India and used police forces to discourage internal opposition in its Asian and African colonies.The later years of the New State (1958-68) witnessed the aging of the increasingly isolated but feared Salazar and new threats both at home and overseas. Although the regime easily overcame the brief oppositionist threat from rival presidential candidate General Humberto Delgado in the spring of 1958, new developments in the African and Asian empires imperiled the authoritarian system. In February 1961, oppositionists hijacked the Portuguese ocean liner Santa Maria and, in following weeks, African insurgents in northern Angola, although they failed to expel the Portuguese, gained worldwide media attention, discredited the New State, and began the 13-year colonial war. After thwarting a dissident military coup against his continued leadership, Salazar and his ruling group mobilized military repression in Angola and attempted to develop the African colonies at a faster pace in order to ensure Portuguese control. Meanwhile, the other European colonial powers (Britain, France, Belgium, and Spain) rapidly granted political independence to their African territories.At the time of Salazar's removal from power in September 1968, following a stroke, Portugal's efforts to maintain control over its colonies appeared to be successful. President Americo Tomás appointed Dr. Marcello Caetano as Salazar's successor as prime minister. While maintaining the New State's basic structures, and continuing the regime's essential colonial policy, Caetano attempted wider reforms in colonial administration and some devolution of power from Lisbon, as well as more freedom of expression in Lisbon. Still, a great deal of the budget was devoted to supporting the wars against the insurgencies in Africa. Meanwhile in Asia, Portuguese India had fallen when the Indian army invaded in December 1961. The loss of Goa was a psychological blow to the leadership of the New State, and of the Asian empire only East Timor and Macau remained.The Caetano years (1968-74) were but a hiatus between the waning Salazar era and a new regime. There was greater political freedom and rapid economic growth (5-6 percent annually to late 1973), but Caetano's government was unable to reform the old system thoroughly and refused to consider new methods either at home or in the empire. In the end, regime change came from junior officers of the professional military who organized the Armed Forces Movement (MFA) against the Caetano government. It was this group of several hundred officers, mainly in the army and navy, which engineered a largely bloodless coup in Lisbon on 25 April 1974. Their unexpected action brought down the 48-year-old New State and made possible the eventual establishment and consolidation of democratic governance in Portugal, as well as a reorientation of the country away from the Atlantic toward Europe.Revolution of Carnations, 1974-76Following successful military operations of the Armed Forces Movement against the Caetano government, Portugal experienced what became known as the "Revolution of Carnations." It so happened that during the rainy week of the military golpe, Lisbon flower shops were featuring carnations, and the revolutionaries and their supporters adopted the red carnation as the common symbol of the event, as well as of the new freedom from dictatorship. The MFA, whose leaders at first were mostly little-known majors and captains, proclaimed a three-fold program of change for the new Portugal: democracy; decolonization of the overseas empire, after ending the colonial wars; and developing a backward economy in the spirit of opportunity and equality. During the first 24 months after the coup, there was civil strife, some anarchy, and a power struggle. With the passing of the Estado Novo, public euphoria burst forth as the new provisional military government proclaimed the freedoms of speech, press, and assembly, and abolished censorship, the political police, the Portuguese Legion, Portuguese Youth, and other New State organizations, including the National Union. Scores of political parties were born and joined the senior political party, the Portuguese Community Party (PCP), and the Socialist Party (PS), founded shortly before the coup.Portugal's Revolution of Carnations went through several phases. There was an attempt to take control by radical leftists, including the PCP and its allies. This was thwarted by moderate officers in the army, as well as by the efforts of two political parties: the PS and the Social Democrats (PPD, later PSD). The first phase was from April to September 1974. Provisional president General Antonio Spínola, whose 1974 book Portugal and the Future had helped prepare public opinion for the coup, met irresistible leftist pressures. After Spinola's efforts to avoid rapid decolonization of the African empire failed, he resigned in September 1974. During the second phase, from September 1974 to March 1975, radical military officers gained control, but a coup attempt by General Spínola and his supporters in Lisbon in March 1975 failed and Spínola fled to Spain.In the third phase of the Revolution, March-November 1975, a strong leftist reaction followed. Farm workers occupied and "nationalized" 1.1 million hectares of farmland in the Alentejo province, and radical military officers in the provisional government ordered the nationalization of Portuguese banks (foreign banks were exempted), utilities, and major industries, or about 60 percent of the economic system. There were power struggles among various political parties — a total of 50 emerged—and in the streets there was civil strife among labor, military, and law enforcement groups. A constituent assembly, elected on 25 April 1975, in Portugal's first free elections since 1926, drafted a democratic constitution. The Council of the Revolution (CR), briefly a revolutionary military watchdog committee, was entrenched as part of the government under the constitution, until a later revision. During the chaotic year of 1975, about 30 persons were killed in political frays while unstable provisional governments came and went. On 25 November 1975, moderate military forces led by Colonel Ramalho Eanes, who later was twice elected president of the republic (1976 and 1981), defeated radical, leftist military groups' revolutionary conspiracies.In the meantime, Portugal's scattered overseas empire experienced a precipitous and unprepared decolonization. One by one, the former colonies were granted and accepted independence—Guinea-Bissau (September 1974), Cape Verde Islands (July 1975), and Mozambique (July 1975). Portugal offered to turn over Macau to the People's Republic of China, but the offer was refused then and later negotiations led to the establishment of a formal decolonization or hand-over date of 1999. But in two former colonies, the process of decolonization had tragic results.In Angola, decolonization negotiations were greatly complicated by the fact that there were three rival nationalist movements in a struggle for power. The January 1975 Alvor Agreement signed by Portugal and these three parties was not effectively implemented. A bloody civil war broke out in Angola in the spring of 1975 and, when Portuguese armed forces withdrew and declared that Angola was independent on 11 November 1975, the bloodshed only increased. Meanwhile, most of the white Portuguese settlers from Angola and Mozambique fled during the course of 1975. Together with African refugees, more than 600,000 of these retornados ("returned ones") went by ship and air to Portugal and thousands more to Namibia, South Africa, Brazil, Canada, and the United States.The second major decolonization disaster was in Portugal's colony of East Timor in the Indonesian archipelago. Portugal's capacity to supervise and control a peaceful transition to independence in this isolated, neglected colony was limited by the strength of giant Indonesia, distance from Lisbon, and Portugal's revolutionary disorder and inability to defend Timor. In early December 1975, before Portugal granted formal independence and as one party, FRETILIN, unilaterally declared East Timor's independence, Indonesia's armed forces invaded, conquered, and annexed East Timor. Indonesian occupation encountered East Timorese resistance, and a heavy loss of life followed. The East Timor question remained a contentious international issue in the UN, as well as in Lisbon and Jakarta, for more than 20 years following Indonesia's invasion and annexation of the former colony of Portugal. Major changes occurred, beginning in 1998, after Indonesia underwent a political revolution and allowed a referendum in East Timor to decide that territory's political future in August 1999. Most East Timorese chose independence, but Indonesian forces resisted that verdict untilUN intervention in September 1999. Following UN rule for several years, East Timor attained full independence on 20 May 2002.Consolidation of Democracy, 1976-2000After several free elections and record voter turnouts between 25 April 1975 and June 1976, civil war was averted and Portugal's second democratic republic began to stabilize. The MFA was dissolved, the military were returned to the barracks, and increasingly elected civilians took over the government of the country. The 1976 Constitution was revised several times beginning in 1982 and 1989, in order to reempha-size the principle of free enterprise in the economy while much of the large, nationalized sector was privatized. In June 1976, General Ram-alho Eanes was elected the first constitutional president of the republic (five-year term), and he appointed socialist leader Dr. Mário Soares as prime minister of the first constitutional government.From 1976 to 1985, Portugal's new system featured a weak economy and finances, labor unrest, and administrative and political instability. The difficult consolidation of democratic governance was eased in part by the strong currency and gold reserves inherited from the Estado Novo, but Lisbon seemed unable to cope with high unemployment, new debt, the complex impact of the refugees from Africa, world recession, and the agitation of political parties. Four major parties emerged from the maelstrom of 1974-75, except for the Communist Party, all newly founded. They were, from left to right, the Communists (PCP); the Socialists (PS), who managed to dominate governments and the legislature but not win a majority in the Assembly of the Republic; the Social Democrats (PSD); and the Christian Democrats (CDS). During this period, the annual growth rate was low (l-2 percent), and the nationalized sector of the economy stagnated.Enhanced economic growth, greater political stability, and more effective central government as of 1985, and especially 1987, were due to several developments. In 1977, Portugal applied for membership in the European Economic Community (EEC), now the European Union (EU) since 1993. In January 1986, with Spain, Portugal was granted membership, and economic and financial progress in the intervening years has been significantly influenced by the comparatively large investment, loans, technology, advice, and other assistance from the EEC. Low unemployment, high annual growth rates (5 percent), and moderate inflation have also been induced by the new political and administrative stability in Lisbon. Led by Prime Minister Cavaco Silva, an economist who was trained abroad, the PSD's strong organization, management, and electoral support since 1985 have assisted in encouraging economic recovery and development. In 1985, the PSD turned the PS out of office and won the general election, although they did not have an absolute majority of assembly seats. In 1986, Mário Soares was elected president of the republic, the first civilian to hold that office since the First Republic. In the elections of 1987 and 1991, however, the PSD was returned to power with clear majorities of over 50 percent of the vote.Although the PSD received 50.4 percent of the vote in the 1991 parliamentary elections and held a 42-seat majority in the Assembly of the Republic, the party began to lose public support following media revelations regarding corruption and complaints about Prime Minister Cavaco Silva's perceived arrogant leadership style. President Mário Soares voiced criticism of the PSD's seemingly untouchable majority and described a "tyranny of the majority." Economic growth slowed down. In the parliamentary elections of 1995 and the presidential election of 1996, the PSD's dominance ended for the time being. Prime Minister Antônio Guterres came to office when the PS won the October 1995 elections, and in the subsequent presidential contest, in January 1996, socialist Jorge Sampaio, the former mayor of Lisbon, was elected president of the republic, thus defeating Cavaco Silva's bid. Young and popular, Guterres moved the PS toward the center of the political spectrum. Under Guterres, the PS won the October 1999 parliamentary elections. The PS defeated the PSD but did not manage to win a clear, working majority of seats, and this made the PS dependent upon alliances with smaller parties, including the PCP.In the local elections in December 2001, the PSD's criticism of PS's heavy public spending allowed the PSD to take control of the key cities of Lisbon, Oporto, and Coimbra. Guterres resigned, and parliamentary elections were brought forward from 2004 to March 2002. The PSD won a narrow victory with 40 percent of the votes, and Jose Durão Barroso became prime minister. Having failed to win a majority of the seats in parliament forced the PSD to govern in coalition with the right-wing Popular Party (PP) led by Paulo Portas. Durão Barroso set about reducing government spending by cutting the budgets of local authorities, freezing civil service hiring, and reviving the economy by accelerating privatization of state-owned enterprises. These measures provoked a 24-hour strike by public-sector workers. Durão Barroso reacted with vows to press ahead with budget-cutting measures and imposed a wage freeze on all employees earning more than €1,000, which affected more than one-half of Portugal's work force.In June 2004, Durão Barroso was invited by Romano Prodi to succeed him as president of the European Commission. Durão Barroso accepted and resigned the prime ministership in July. Pedro Santana Lopes, the leader of the PSD, became prime minister. Already unpopular at the time of Durão Barroso's resignation, the PSD-led government became increasingly unpopular under Santana Lopes. A month-long delay in the start of the school year and confusion over his plan to cut taxes and raise public-sector salaries, eroded confidence even more. By November, Santana Lopes's government was so unpopular that President Jorge Sampaio was obliged to dissolve parliament and hold new elections, two years ahead of schedule.Parliamentary elections were held on 20 February 2005. The PS, which had promised the electorate disciplined and transparent governance, educational reform, the alleviation of poverty, and a boost in employment, won 45 percent of the vote and the majority of the seats in parliament. The leader of the PS, José Sôcrates became prime minister on 12 March 2005. In the regularly scheduled presidential elections held on 6 January 2006, the former leader of the PSD and prime minister, Aníbal Cavaco Silva, won a narrow victory and became president on 9 March 2006. With a mass protest, public teachers' strike, and street demonstrations in March 2008, Portugal's media, educational, and social systems experienced more severe pressures. With the spreading global recession beginning in September 2008, Portugal's economic and financial systems became more troubled.Owing to its geographic location on the southwestern most edge of continental Europe, Portugal has been historically in but not of Europe. Almost from the beginning of its existence in the 12th century as an independent monarchy, Portugal turned its back on Europe and oriented itself toward the Atlantic Ocean. After carving out a Christian kingdom on the western portion of the Iberian peninsula, Portuguese kings gradually built and maintained a vast seaborne global empire that became central to the way Portugal understood its individuality as a nation-state. While the creation of this empire allows Portugal to claim an unusual number of "firsts" or distinctions in world and Western history, it also retarded Portugal's economic, social, and political development. It can be reasonably argued that the Revolution of 25 April 1974 was the most decisive event in Portugal's long history because it finally ended Portugal's oceanic mission and view of itself as an imperial power. After the 1974 Revolution, Portugal turned away from its global mission and vigorously reoriented itself toward Europe. Contemporary Portugal is now both in and of Europe.The turn toward Europe began immediately after 25 April 1974. Portugal granted independence to its African colonies in 1975. It was admitted to the European Council and took the first steps toward accession to the European Economic Community (EEC) in 1976. On 28 March 1977, the Portuguese government officially applied for EEC membership. Because of Portugal's economic and social backwardness, which would require vast sums of EEC money to overcome, negotiations for membership were long and difficult. Finally, a treaty of accession was signed on 12 June 1985. Portugal officially joined the EEC (the European Union [EU] since 1993) on 1 January 1986. Since becoming a full-fledged member of the EU, Portugal has been steadily overcoming the economic and social underdevelopment caused by its imperial past and is becoming more like the rest of Europe.Membership in the EU has speeded up the structural transformation of Portugal's economy, which actually began during the Estado Novo. Investments made by the Estado Novo in Portugal's economy began to shift employment out of the agricultural sector, which, in 1950, accounted for 50 percent of Portugal's economically active population. Today, only 10 percent of the economically active population is employed in the agricultural sector (the highest among EU member states); 30 percent in the industrial sector (also the highest among EU member states); and 60 percent in the service sector (the lowest among EU member states). The economically active population numbers about 5,000,000 employed, 56 percent of whom are women. Women workers are the majority of the workforce in the agricultural and service sectors (the highest among the EU member states). The expansion of the service sector has been primarily in health care and education. Portugal has had the lowest unemployment rates among EU member states, with the overall rate never being more than 10 percent of the active population. Since joining the EU, the number of employers increased from 2.6 percent to 5.8 percent of the active population; self-employed from 16 to 19 percent; and employees from 65 to 70 percent. Twenty-six percent of the employers are women. Unemployment tends to hit younger workers in industry and transportation, women employed in domestic service, workers on short-term contracts, and poorly educated workers. Salaried workers earn only 63 percent of the EU average, and hourly workers only one-third to one-half of that earned by their EU counterparts. Despite having had the second highest growth of gross national product (GNP) per inhabitant (after Ireland) among EU member states, the above data suggest that while much has been accomplished in terms of modernizing the Portuguese economy, much remains to be done to bring Portugal's economy up to the level of the "average" EU member state.Membership in the EU has also speeded up changes in Portuguese society. Over the last 30 years, coastalization and urbanization have intensified. Fully 50 percent of Portuguese live in the coastal urban conurbations of Lisbon, Oporto, Braga, Aveiro, Coimbra, Viseu, Évora, and Faro. The Portuguese population is one of the oldest among EU member states (17.3 percent are 65 years of age or older) thanks to a considerable increase in life expectancy at birth (77.87 years for the total population, 74.6 years for men, 81.36 years for women) and one of the lowest birthrates (10.59 births/1,000) in Europe. Family size averages 2.8 persons per household, with the strict nuclear family (one or two generations) in which both parents work being typical. Common law marriages, cohabitating couples, and single-parent households are more and more common. The divorce rate has also increased. "Youth Culture" has developed. The young have their own meeting places, leisure-time activities, and nightlife (bars, clubs, and discos).All Portuguese citizens, whether they have contributed or not, have a right to an old-age pension, invalidity benefits, widowed persons' pension, as well as payments for disabilities, children, unemployment, and large families. There is a national minimum wage (€385 per month), which is low by EU standards. The rapid aging of Portugal's population has changed the ratio of contributors to pensioners to 1.7, the lowest in the EU. This has created deficits in Portugal's social security fund.The adult literacy rate is about 92 percent. Illiteracy is still found among the elderly. Although universal compulsory education up to grade 9 was achieved in 1980, only 21.2 percent of the population aged 25-64 had undergone secondary education, compared to an EU average of 65.7 percent. Portugal's higher education system currently consists of 14 state universities and 14 private universities, 15 state polytechnic institutions, one Catholic university, and one military academy. All in all, Portugal spends a greater percentage of its state budget on education than most EU member states. Despite this high level of expenditure, the troubled Portuguese education system does not perform well. Early leaving and repetition rates are among the highest among EU member states.After the Revolution of 25 April 1974, Portugal created a National Health Service, which today consists of 221 hospitals and 512 medical centers employing 33,751 doctors and 41,799 nurses. Like its education system, Portugal's medical system is inefficient. There are long waiting lists for appointments with specialists and for surgical procedures.Structural changes in Portugal's economy and society mean that social life in Portugal is not too different from that in other EU member states. A mass consumption society has been created. Televisions, telephones, refrigerators, cars, music equipment, mobile phones, and personal computers are commonplace. Sixty percent of Portuguese households possess at least one automobile, and 65 percent of Portuguese own their own home. Portuguese citizens are more aware of their legal rights than ever before. This has resulted in a trebling of the number of legal proceeding since 1960 and an eight-fold increase in the number of lawyers. In general, Portuguese society has become more permissive and secular; the Catholic Church and the armed forces are much less influential than in the past. Portugal's population is also much more culturally, religiously, and ethnically diverse, a consequence of the coming to Portugal of hundreds of thousands of immigrants, mainly from former African colonies.Portuguese are becoming more cosmopolitan and sophisticated through the impact of world media, the Internet, and the World Wide Web. A prime case in point came in the summer and early fall of 1999, with the extraordinary events in East Timor and the massive Portuguese popular responses. An internationally monitored referendum in East Timor, Portugal's former colony in the Indonesian archipelago and under Indonesian occupation from late 1975 to summer 1999, resulted in a vote of 78.5 percent for rejecting integration with Indonesia and for independence. When Indonesian prointegration gangs, aided by the Indonesian military, responded to the referendum with widespread brutality and threatened to reverse the verdict of the referendum, there was a spontaneous popular outpouring of protest in the cities and towns of Portugal. An avalanche of Portuguese e-mail fell on leaders and groups in the UN and in certain countries around the world as Portugal's diplomats, perhaps to compensate for the weak initial response to Indonesian armed aggression in 1975, called for the protection of East Timor as an independent state and for UN intervention to thwart Indonesian action. Using global communications networks, the Portuguese were able to mobilize UN and world public opinion against Indonesian actions and aided the eventual independence of East Timor on 20 May 2002.From the Revolution of 25 April 1974 until the 1990s, Portugal had a large number of political parties, one of the largest Communist parties in western Europe, frequent elections, and endemic cabinet instability. Since the 1990s, the number of political parties has been dramatically reduced and cabinet stability increased. Gradually, the Portuguese electorate has concentrated around two larger parties, the right-of-center Social Democrats (PSD) and the left-of-center Socialist (PS). In the 1980s, these two parties together garnered 65 percent of the vote and 70 percent of the seats in parliament. In 2005, these percentages had risen to 74 percent and 85 percent, respectively. In effect, Portugal is currently a two-party dominant system in which the two largest parties — PS and PSD—alternate in and out of power, not unlike the rotation of the two main political parties (the Regenerators and the Historicals) during the last decades (1850s to 1880s) of the liberal constitutional monarchy. As Portugal's democracy has consolidated, turnout rates for the eligible electorate have declined. In the 1970s, turnout was 85 percent. In Portugal's most recent parliamentary election (2005), turnout had fallen to 65 percent of the eligible electorate.Portugal has benefited greatly from membership in the EU, and whatever doubts remain about the price paid for membership, no Portuguese government in the near future can afford to sever this connection. The vast majority of Portuguese citizens see membership in the EU as a "good thing" and strongly believe that Portugal has benefited from membership. Only the Communist Party opposed membership because it reduces national sovereignty, serves the interests of capitalists not workers, and suffers from a democratic deficit. Despite the high level of support for the EU, Portuguese voters are increasingly not voting in elections for the European Parliament, however. Turnout for European Parliament elections fell from 40 percent of the eligible electorate in the 1999 elections to 38 percent in the 2004 elections.In sum, Portugal's turn toward Europe has done much to overcome its backwardness. However, despite the economic, social, and political progress made since 1986, Portugal has a long way to go before it can claim to be on a par with the level found even in Spain, much less the rest of western Europe. As Portugal struggles to move from underde-velopment, especially in the rural areas away from the coast, it must keep in mind the perils of too rapid modern development, which could damage two of its most precious assets: its scenery and environment. The growth and future prosperity of the economy will depend on the degree to which the government and the private sector will remain stewards of clean air, soil, water, and other finite resources on which the tourism industry depends and on which Portugal's world image as a unique place to visit rests. Currently, Portugal is investing heavily in renewable energy from solar, wind, and wave power in order to account for about 50 percent of its electricity needs by 2010. Portugal opened the world's largest solar power plant and the world's first commercial wave power farm in 2006.An American documentary film on Portugal produced in the 1970s described this little country as having "a Past in Search of a Future." In the years after the Revolution of 25 April 1974, it could be said that Portugal is now living in "a Present in Search of a Future." Increasingly, that future lies in Europe as an active and productive member of the EU. -
4 exchange rate risk
Finthe risk of suffering loss on converting another currency to the currency of a company’s own country.EXAMPLEExchange rate risks can be arranged into three primary categories. (1.) Economic exposure: operating costs will rise due to changes in rates and make a product uncompetitive in the world market. Little can be done to reduce this routine business risk that every enterprise must endure. (2.) Translation exposure: the impact of currency exchange rates will reduce a company’s earnings and weaken its balance sheet. To reduce translation exposure, experienced corporate fund managers use a range of techniques known as currency hedging. (3.) Transaction exposure: there will be an unfavorable move in a specific currency between the time when a contract is agreed and the time it is completed, or between the time when a lending or borrowing is initiated and the time the funds are repaid. Transaction exposure can be eased by factoring: transferring title to foreign accounts receivable to a third-party factoring house.Although there is no definitive way of forecasting exchange rates, largely because the world’s economies and financial markets are evolving so rapidly, the relationships between exchange rates, interest rates, and inflation rates can serve as leading indicators of changes in risk. These relationships are as follows. Purchasing Power Parity theory (PPP): while it can be expressed differently, the most common expression links the changes in exchange rates to those in relative price indices in two countries:Rate of change of exchange rate = Difference in inflation ratesInternational Fisher Effect (IFE): this holds that an interest-rate differential will exist only if the exchange rate is expected to change in such a way that the advantage of the higher interest rate is offset by the loss on the foreign exchange transactions. Practically speaking, the IFE implies that while an investor in a low-interest country can convert funds into the currency of a high-interest country and earn a higher rate, the gain (the interest rate differential) will be offset by the expected loss due to foreign exchange rate changes. The relationship is stated as:Expected rate of change of the exchange rate = Interest-rate differentialUnbiased Forward Rate Theory: this holds that the forward exchange rate is the best unbiased estimate of the expected future spot exchange rate.Expected exchange rate = Forward exchange rate -
5 scale
̈ɪskeɪl I
1. сущ.
1) а) собир. чешуя( рыб и т. п.) б) чешуйка
2) шелуха, тонкая пленка Syn: husk, peel
3) а) зубной камень Syn: tartar б) осадок;
накипь, минеральные отложения;
тех. окалина
4) мн. щечки, накладки (на рукоятке складного ножа) ∙
2. гл.
1) а) чистить( рыбу) ;
соскабливать, снимать чешую б) лущить (горох, арахис и т. п.)
2) соскабливать, сдирать, счищать, снимать( накипь, нарост, зубной камень и т. п.) ;
снимать окалину
3) шелушиться, отшелушиваться (тж. scale off)
4) образовывать окалину, накипь или осадок;
откладываться в виде осадка II
1. сущ.
1) чаша, чашка или платформа весов the fish turned the scale at 20 pounds ≈ в рыбе оказалось 20 фунтов весу
2) мн. а) весы (прибор для взвешивания предметов, тж. a pair of scales) б) Весы (созвездие и знак зодиака) Syn: Libra ∙
2. гл.
1) взвешивать Syn: weigh, consider
2) весить Syn: weigh III
1. сущ.
1) а) градация, шкала;
иерархия, лестница pay scale, salary scale, wage scale ≈ шкала заработной платы, тарифная сетка, расценки rate scale ≈ шкала расценок, шкала тарифных ставок social scale ≈ социальная иерархия, общественная лестница б) ступень( занимаемая в той или иной иерархии), уровень развития( по той или иной шкале)
2) а) масштаб( карты и т. п.) ;
масштабное соотношение on a large( grand) /small scale ≈ в большом/маленьком масштабе natural scale ≈ натуральная величина б) градуировка( измерительного прибора и т. п.)
3) размер, протяженность;
охват enormous scale ≈ огромный размер, большой размах moderate scale ≈ скромный размер
4) а) муз. гамма to play, practice scales ≈ играть гаммы to sing a scale ≈ петь гамму achromatic scale chromatic scale diatonic scale major scale minor scale б) живоп. цветовая гамма
5) масштабная линейка
6) мат. система счисления (тж. scale of notation)
2. гл.
1) а) определять масштаб, сводить к определенному масштабу б) представлять в определенном масштабе в) регулировать, определять (затраты;
количество, объем и т. п. чего-л.) в соответствии с какой-л. системой The nurses have offered to scale down their pay demands to a lower figure. ≈ Медсестры предложили понизить свои требования к оплате труда до меньшей суммы.
2) градуировать, наносить деления;
строить шкалу
3) быть или стать соизмеримыми, сопоставимыми (о нескольких различных объектах)
4) подниматься, взбираться( по лестнице и т. п.) Syn: climb чаш(к) а весов - to turn the * at весить (столько-то) - he tips the *s at 225 pounds он весит 225 фунтов - to turn the * (образное) склонить чашу весов, перевесить;
решить исход дела - this argument at once turned the * этот аргумент оказался решающим - to throw smth. into the * (образное) бросить что-л. на чашу весов;
повлиять на решение вопроса платформа весов обыкн. pl весы (тж. a pair of *s) - kitchen * кухонные весы - * car вагон-весы - * weight гиря - the *s of justice( образное) весы правосудия - to weight the *s on behalf of smb. (образное) склонять чашу весов в чью-л. пользу весы для взвешивания жокеев (на скачках) - Clerk of the Scales служащий, взвешивающий жокеев перед скачками - to go /to ride/ to * взвешиваться( до и после скачек - о жокеях) - to go to * at иметь (такой-то) вес, весить (столько-то - о жокеях) (the Scales) Весы (созвездие и знак зодиака) > equal /even/ * состояние равновесия или неопределенности > to be in the * быть нерешенным /неясным/ > his fate hangs in the * его судьба еще не решена > victory was long in the * долгое время трудно было сказать, кто победит > to hold the *s between two rivals не оказывать предпочтения ни одному из двух соперников > to hold the *s even /equally/ судить беспристрастно > to throw one's /the/ sword into the * использовать силу оружия в качестве решающего аргумента весить, иметь вес - to * six pounds весить шесть фунтов - I don't think she *s so much я не думаю, чтобы у нее был такой большой вес взвешивать взвешиваться чешуйка (собирательнле) чешуя - fish's * чешуя рыбы чешуеобразный тонкий слой, шелуха, пленка и т. п. - to scrape off * счищать шелуху - to rub off * соскребать пленку накипь;
осадок (техническое) окалина зубной камень тонкая металлическая пластинка - the *s of armour панцирные пластинки - * armour (историческое) чешуйчатый доспех pl щечки, накладки (на рукоятке складного ножа) (редкое) погон( из металла) (химическое) неочищенный парафин (энтомология) червец, щитовка, тля( Coccidae) > (the) *s fell from his eyes пелена спала с его глаз;
(библеизм) чешуя отпала от глаз его > to remove the *s from smb.'s eyes раскрыть кому-л. глаза (на истинное положение вещей) очищать, чистить;
снимать (чешую) - to * fish чистить рыбу лущить (горох и т. п.) соскабливать, счищать (накипь, нарост, зубной камень и т. п.) - to * a boiler чистить котел, снимать накипь с котла - to * tartar from teeth снимать камень с зубов снимать окалину (редкое) прочищать орудие( выстрелом) лупиться, шелушиться (тж. * off) - the skin *s after scarlet fever после скарлатины кожа шелушится - some of the paint has *d off местами краска облупилась покрывать накипью;
образовывать осадок;
покрывать слоем (чего-л.) - London smoke has *d the stones of its buildings лондонские дома покрыты копотью от дыма - hard water *s a boiler от жесткой воды котел покрывается накипью покрываться накипью, осадком, слоем ( чего-л.) ;
образовывать окалину - the stone which has *d with time замшелый от времени камень (диалектизм) разбрасывать, распространять масштаб (карты, чертежа) - a small * map карта мелкого масштаба - distance * линейный масштаб - the * of a drawing масштаб чертежа - what is the * of the map? каков масштаб этой карты? - (drawn) to * в масштабе соотношение, масштаб - drawing to * черчение в масштабе - a picture( of an object) reduced to a * of one twelfth of the natural size снимок( предмета), уменьшенный до 1/12 натуральной величины размер, охват;
размах - on /upon/ a large * в большом масштабе - * of living уровень жизни - to live on a grand * жить на широкую ногу - a vast * of building широкий размах строительства - mass action on a world-wide * массовые выступления в мировом масштабе;
массовое движение, охватившее весь мир шкала, градуировка (обыкн. измерительного инструмента) - Fahrenheit * шкала Фаренгейта - the * of a thermometer шкала термометра - a * of inches дюймовая шкала - the * on this ruler is in both centimetres and inches деления на этой линейке и в сантиметрах, и в дюймах - a measuring * for colours шкала цвета - wave-length * (радиотехника) шкала волн градация;
шкала, такса - * of wages шкала заработной платы - * of hardness (техническое) шкала твердости - * of slopes (топография) шкала заложений - * of age возрастные группы (в демографии) - * of payments( for work) шкала ставок оплаты( за труд) ;
шкала заработной платы - tonnage * (морское) шкала вместимости - * of taxes, taxation * шкала ставок налогового обложения - to mark examination papers on the * of one hundred per cent оценивать экзаменационные работы по стопроцентной шкале (психологическое) серия тестов (разной сложности) для проверки способностей или успехов учащихся (музыкальное) гамма - diatonic * диатоническая гамма - the * of F гамма фа мажор - to sing * петь гаммы - to practice the *s on the piano разучивать гаммы на фортепиано - to learn one's *s учить гаммы;
начинать учиться музыке, быть начинающим в музыке гамма цветов - a * of colours цветовая гамма - a long * of tones богатая гамма оттенков уровень, ступень ( развития) ;
положение, место - to be high in the * of civilization стоять на высокой ступени цивилизации - to be at the top of the * стоять на высшей ступени (чего-л.) - the *of animal life период /ступень/ животной жизни - ae we rise in the zoological *... по мере того, как человек поднимался по ступеням зоологической лестницы... - to be high in the social * занимать высокое положение в обществе - to sink in the social * спуститься по общественной лестнице (устаревшее) лестница;
ступени лестницы масштабная линейка (математика) система счисления (тж. * of notation) - decimal * шкала в десятичном счислении > * points( специальное) пункты оценки, статьи экстерьера изображать в определенном масштабе - to * a building вычертить здание в масштабе вычислить или определить по масштабу - to * a map определять расстояние по карте сводить к общим масштабам, к одному масштабу быть соизмеримым, сопоставимым, иметь общий масштаб градуировать, наносить деления вычислять размах (чего-л.), охват (чем-л.) ;
регулировать объем (чего-л.) - a production schedule *d to actual needs производственный график, составленный с учетом практических потребностей - to * smth. up постепенно повышать, увеличивать что-л. - to * up wages повышать /подтягивать/ зарплату - to * up armaments наращивать вооружения - to * up production расширять производство - to * smth& down постепенно сокращать - to * down prices снижать цены - to * down imports постепенно сокращать импорт - the effect of inflation is to * down people's spending инфляция ведет к тому, что люди начинают урезывать расходы подниматься, взбираться (особ. по приставной лестнице) - to * a castle wall взобраться по стене замка, взять замок штурмом - to * a mountain взбираться на гору - to * the heights of philosophical abstraction овладевать высотами философской абстракции перелезать (через забор, стену и т. п.) absolute ~ абсолютная шкала ascending ~ возрастающая шкала ~ ступень, уровень (развития) ;
to be high in the social scale занимать высокое положение в обществе drawing ~ масштабная линейка enlarged ~ увеличенный масштаб fast time ~ вчт. ускоренный масштаб времени full ~ полный масштаб fuzzy ~ размытая шкала graduated ~ градуированная шкала graphic rating ~ шкала оценок gray ~ полутоновая шкала hammer ~ тех. молотобоина, окалина scale ( the Scales) = Libra;
to hold the scales even судить беспристрастно image ~ масштаб изображения large ~ крупномасштабный( о карте) large ~ крупный масштаб;
on a large scale в крупном масштабе large ~ широкий, массовый( о жилищном строительстве и т. п.) log ~ логарифмическая шкала metric ~ метрическая шкала ~ масштаб;
размер;
on a large (или grand) scale в большом масштабе;
on a small scale в маленьком масштабе large ~ крупный масштаб;
on a large scale в крупном масштабе ~ масштаб;
размер;
on a large (или grand) scale в большом масштабе;
on a small scale в маленьком масштабе ~ муз. гамма;
to practice scales играть гаммы preference ~ шкала предпочтений probability ~ шкала вероятностей progressive ~ прогрессивная шкала ~ градация, шкала;
rate scale шкала расценок ratio ~ шкала оценок reduced ~ уменьшенный масштаб relative ~ относительная шкала salary ~ шкала заработной платы salary ~ шкала окладов salary ~ шкала ставок оплаты за труд scale (the Scales) = Libra;
to hold the scales even судить беспристрастно ~ быть соизмеримыми, сопоставимыми to ~ в масштабе ~ весить ~ pl весы ~ весы ~ взвешивать ~ муз. гамма;
to practice scales играть гаммы ~ градация, шкала;
rate scale шкала расценок ~ градация ~ камень (на зубах) ~ лущить ~ масштаб;
размер;
on a large (или grand) scale в большом масштабе;
on a small scale в маленьком масштабе ~ масштаб ~ масштабная линейка ~ образовывать окалину, накипь ~ тех. окалина, накипь;
scales fell from his eyes пелена спала с его глаз ~ охват ~ подниматься, взбираться (по лестнице и т. п.) ~ подробные данные о выпуске серийных облигаций ~ размах ~ размер ~ сводить к определенному масштабу;
определять масштаб;
to scale down prices понижать цены;
to scale up wages повышать заработную плату ~ мат. система счисления (тж. scale of notation) ~ система счисления ~ ставка заработной платы ~ ступень, уровень (развития) ;
to be high in the social scale занимать высокое положение в обществе ~ ступень развития ~ такса ~ уровень ~ чашка весов;
to turn (или to tip) the scale at so many pounds весить столько-то фунтов ~ чешуя (у рыб и т. п.) ~ чистить, соскабливать чешую ~ шелуха ~ шелушиться ~ шкала ~ шкала ставок по различным операциям ~ pl щечки, накладки (на рукоятке складного ножа) the ~ to be 1:50 000 в масштабе 1:50 000;
to scale по масштабу ~ down постепенно понижать ~ down снижать цены ~ down сокращать налоги ~ down уменьшать масштаб ~ сводить к определенному масштабу;
определять масштаб;
to scale down prices понижать цены;
to scale up wages повышать заработную плату ~ of basic rates шкала базисных ставок ~ of basic rates шкала основных ставок заработной платы ~ of pay шкала ставок оплаты за труд ~ of pensions шкала пенсий ~ of premium rates шкала страховых взносов ~ of prices масштаб цен ~ of prices шкала цен ~ of rates applied per wagon-load шкала тарифов для вагона как весовой единицы ~ of wages шкала ставок заработной платы the ~ to be 1:50 000 в масштабе 1:50 000;
to scale по масштабу ~ сводить к определенному масштабу;
определять масштаб;
to scale down prices понижать цены;
to scale up wages повышать заработную плату ~ тех. окалина, накипь;
scales fell from his eyes пелена спала с его глаз to sink in the ~ опуститься на более низкую ступень;
утратить( прежнее) значение, опуститься sliding ~ движок логарифмической или счетной линейки sliding ~ скользящая шкала slow time ~ замедленный масштаб времени small ~ мелкая структура social ~ социальная шкала tax ~ шкала ставок налогового обложения time ~ масштаб времени tip the ~ перевесить чашу весов tip the ~ склонять чашу весов tip: ~ перевешивать;
to tip the scale(s) = склонить чашу весов;
решить исход дела turn the ~ решать исход дела turn the ~ склонять чашу весов turn: to ~ loose освобождать;
to turn yellow струсить;
to turn the scale( или the balance) решить исход дела ~ чашка весов;
to turn (или to tip) the scale at so many pounds весить столько-то фунтов universal ~ универсальная шкала wage ~ шкала заработной платы wage: ~ attr. связанный с заработной платой, относящийся к заработной плате;
wage scale шкала заработной платы;
wage labour наемный труд -
6 difference
ˈdɪfrəns
1. сущ.
1) разница;
несходство;
отличие, различие;
несовпадение a considerable, great, marked, noticeable, striking difference ≈ значительное различие, ощутимая разница an essential difference ≈ важное различие an irreconcilable difference ≈ непримиримое различие a minor, slight difference ≈ незначительная разница a radical difference ≈ радикальное отличие a subtle difference ≈ тонкое/специфичное отличие a superficial difference ≈ поверхностное различие It makes no difference. ≈ Нет никакой разницы;
это не имеет значения. It makes all the difference in the world. ≈ Это существенно меняет дело;
это очень важно. to tell the difference ≈ различать Syn: dissimilarity, distinction, diversity
2) разрыв, разница (между ценами, курсами, издержками и т. п.) to speculate in differences ≈ ≈ играть на разнице to meet/pay the difference ≈ уплатить разницу price difference ≈
1) различие в курсах
2) различие в ценах
3) разногласие, расхождение( во взглядах, мнениях и т.п.) ;
спор;
ссора, разрыв to compose, reconcile, resolve, settle, thrash out difference ≈ сгладить разногласия to set aside differences ≈ уладить разногласия to settle the differences ≈ уладить спор, урегулировать разногласия, устранить разногласия to arrange a difference ≈ уладить разногласие to have differences ≈ ссориться, расходиться во мнениях Syn: disagreement
4) мат. разность ∙ a world of difference ≈ совершенно отличный split the difference
2. гл.
1) различать, отличать (одно от другого) Every individual has something that differences it from another. ≈ В каждом индивидууме есть что-то, что отличает его от любого другого. This differences a wise man and a fool. ≈- В этом различие между умным и дураком. Syn: differentiate, distinguish
2) устанавливать различие, проводить различие, дифференцировать;
видеть различие These two kinds of repentance may be differenced. ≈ Между этими двумя видами раскаяния можно провести различие. Syn: discriminate, distinguish
3) мат. вычислять разность разница;
различие, несходство, отличие - * in appearance несходство внешности - all the * in the world существенная /большая/ разница - * of opinion расхождение во мнениях, разногласия - the * between two versions of the same text различие между двумя редакциями одного и того же текста, разночтение - with the * that... с той разницей, что... - to make a * (between) проводить различие (между) - she doesn't make any * between the children она совершенно одинаково относится к своим детям;
она не выделяет кого-л. из своих детей - it doesn't make much * это не имеет (большого) значения, это не слишком существенно - it makes a great *, it makes all the * in the world это (совсем) другое дело;
в этом-то все и дело - it makes no * (to me) (для меня) это не имеет значения;
(мне) все равно - he is a businessman, but with a * он бизнесмен, но не такой, как все остальные разница (количественная) - * of five pounds разница в пять фунтов - to pay /to meet/ the * уплатить разницу - to speculate in *s (биржевое) играть на разнице - * of potentials (электротехника) разность потенциалов разногласие;
спор;
ссора - to have a * with smb. поспорить /поссориться/ с кем-л. - to have a * about smth. повздорить( с кем-л.) по какому-л. поводу - we sometimes have our *s у нас бывают /случаются/ разногласия, нам случается не соглашаться друг с другом - to settle /to resolve/ the * уладить спор;
устранить разногласия - to exaggerate the *s преувеличивать разногласия - to play upon *s among smb. играть на разногласиях между кем-л. (логика) отличительное свойство( вида или класса) ;
отличительный, дифференциальный признак (геральдика) отличительный знак (герба) (математика) разность - first order * разность первого порядка - common * of an arithmetical progression разность арифметической прогрессии > to split the * брать среднюю величину;
поделить разницу пополам;
сойтись в цене, сторговаться;
идти на компромисс > to make a distinction without a * проводить слишком тонкие различия;
мудрить, перемудрить;
существенной разницы нет > not to know the * between chalk and cheese не понимать очевидных различий;
путать божий дар с яичницей (книжное) различать;
отличать (математика) вычислять разность audit ~ расхождения в ревизионной отчетности cash ~ различия в кассовой наличности conversion ~ разница при пересчете cost and price ~ разность между себестоимостью и ценой current timing ~ отклонение от текущего распределения по срокам difference мат. вычислять разность ~ несходство ~ отличать;
служить отличительным признаком ~ отличие ~ отличительный знак( герба) ~ отличительный признак ~ приращение ~ различие ~ разница;
различие;
it makes no difference нет никакой разницы;
это не имеет значения;
it makes all the difference in the world это существенно меняет дело;
это очень важно ~ разница ~ разногласие, расхождение во мнениях;
ссора;
to settle the differences уладить спор;
to iron out the differences сгладить, устранить разногласия;
to have differences ссориться, расходиться во мнениях ~ разногласие ~ разность ~ мат. разность ~ спор ~ ссора ~ in inflation разница в инфляции ~ in interest rates разница в процентных ставках ~ in limits insurance страхование разницы в пределах ~ in rate of exchange разница в валютных курсах ~ in the cash position разница в кассовых остатках ~ in value insurance страхование разницы в стоимости ~ of opinion расхождение в мнениях ~ of opinion расхождение во взглядах exchange ~ различие в валютных курсах ~ разногласие, расхождение во мнениях;
ссора;
to settle the differences уладить спор;
to iron out the differences сгладить, устранить разногласия;
to have differences ссориться, расходиться во мнениях ~ разногласие, расхождение во мнениях;
ссора;
to settle the differences уладить спор;
to iron out the differences сгладить, устранить разногласия;
to have differences ссориться, расходиться во мнениях ~ разница;
различие;
it makes no difference нет никакой разницы;
это не имеет значения;
it makes all the difference in the world это существенно меняет дело;
это очень важно ~ разница;
различие;
it makes no difference нет никакой разницы;
это не имеет значения;
it makes all the difference in the world это существенно меняет дело;
это очень важно negative translation ~ отрицательная разность при пересчете денежной суммы из одной валюты в другую numerical ~ численная разница permanent ~ постоянная разница positive translation ~ положительная разность при пересчете из одной валюты в другую price ~ различие в курсах price ~ различие в ценах price ~ разница в цене revaluation ~ ревальвационная разница rounding-off ~ различие вследствие округления ~ разногласие, расхождение во мнениях;
ссора;
to settle the differences уладить спор;
to iron out the differences сгладить, устранить разногласия;
to have differences ссориться, расходиться во мнениях to split the ~ идти на компромисс to split the ~ разделить поровну остаток split: to ~ the difference брать среднюю величину to ~ the difference идти на компромисс timing ~ хронометрирование путем изменения длительности циклаБольшой англо-русский и русско-английский словарь > difference
-
7 margin
noun1) (of page) Rand, dernotes [written] in the margin — Randbemerkungen
2) (extra amount) Spielraum, derprofit margin — Gewinnspanne, die
win by a narrow/wide margin — knapp/mit großem Vorsprung gewinnen
* * *1) (the blank edge round a page of writing or print: Please write your comments in the margin.) der Rand2) (an edge or border: the margin of the lake.) die Grenze3) (something extra, beyond what should be needed: Leave a wide margin for error!) der Überschuß•- academic.ru/45207/marginal">marginal* * *mar·gin[ˈmɑ:ʤɪn, AM ˈmɑ:r-]non the \margins of society am Rand[e] der Gesellschaftto write sth in the \margin TYPO etw an den Rand schreibento win by a wide [or large] /narrow [or small] \margin mit einem großen/knappen Vorsprung [o Abstand] gewinnensafety \margin [or \margin for safety] Sicherheitsspielraum m; (distance) Sicherheitsabstand m; SCI, TECH Sicherheitskoeffizient m, Sicherheitsfaktor m; ( fig) Pufferzone f4. ECON\margin call Einschussforderung fto buy on \margin auf Einschuss kaufen* * *['mAːdZɪn]n1) (on page) Rand m2) (= extra amount) Spielraum mhe left a safety margin of one hour — sicherheitshalber kalkulierte er einen Spielraum von einer Stunde ein
* * *margin [ˈmɑː(r)dʒın]A s1. Rand m (auch fig):at the margin of the forest am Rande des Waldes;on the margin of good taste am Rande des guten Geschmacks;the margin of consciousness PSYCH die Bewusstseinsschwelle2. auch pl (Seiten)Rand m (bei Büchern etc):write sth in the margin etwas an den Rand schreiben;bled margin bis in die Schrift hinein beschnittener Rand;cropped margin zu stark beschnittener Rand3. Grenze f (auch fig):margin of income Einkommensgrenze4. Spielraum m:margin of safety Sicherheitsspanne f;by a narrow margin mit knapper Not;catch one’s train by a comfortable margin seinen Zug (ganz) bequem erreichen6. WIRTSCH (Gewinn-, Verdienst) Spanne f7. Börse: Hinterlegungssumme f, Deckung f (von Kursschwankungen), (Bar)Einschuss(zahlung) m(f), Marge f:purchase securities on margin Wertpapiere auf Einschuss kaufen8. WIRTSCH Rentabilitätsgrenze f9. a) Mehrheit fby a margin of four seconds mit 4 Sekunden Vorsprung oder Abstand;they were ahead by a two-goal margin sie führten mit zwei Toren Vorsprung;by a wide margin mit großem Vorsprung;win by a narrow margin knapp gewinnenB v/t1. mit einem Rand versehen2. a) umrandenb) säumen3. mit Randbemerkungen versehen4. an den Rand schreiben* * *noun1) (of page) Rand, dernotes [written] in the margin — Randbemerkungen
2) (extra amount) Spielraum, derprofit margin — Gewinnspanne, die
win by a narrow/wide margin — knapp/mit großem Vorsprung gewinnen
* * *n.Begrenzung f.Rand ¨-er m.Seitenrand m. v.begrenzen v. -
8 squeeze
1. noun1) (pressing) Druck, derit only takes a gentle squeeze — man braucht nur leicht zu drücken
give something a [small] squeeze — etwas [leicht] drücken
2) (small quantity)a squeeze of juice/washing-up liquid — ein Spritzer Saft/Spülmittel
3) (crush) Gedränge, das2. transitive verb1) (press) drücken; drücken auf (+ Akk.) [Tube, Plastikflasche]; kneten [Ton, Knetmasse]; ausdrücken [Schwamm, Wäsche, Pickel]; (to get juice) auspressen [Früchte, Obst]squeeze somebody's hand — jemandem die Hand drücken
squeeze the trigger — auf den Abzug drücken
3) (force) zwängensqueeze one's way past/into/out of something — sich an etwas (Dat.) vorbei-/in etwas (Akk.) hinein-/aus etwas herauszwängen
4) (fig. coll.)3. intransitive verbsqueeze something from somebody — etwas aus jemandem herauspressen
squeeze past somebody/something — sich an jemandem/etwas vorbeidrängen
squeeze between two persons — sich zwischen zwei Personen (Dat.) durchdrängen
Phrasal Verbs:- academic.ru/111752/squeeze_in">squeeze in* * *[skwi:z] 1. verb1) (to press (something) together or from all sides tightly: He squeezed her hand affectionately; He squeezed the clay into a ball.) drücken2) (to force (eg oneself) eg into or through a narrow space: The dog squeezed himself / his body into the hole; We were all squeezed into the back seat of the car.) sich quetschen3) (to force something, eg liquid, out of something by pressing: She squeezed the oranges (into a jug); We might be able to squeeze some more money/information out of him.) ausquetschen2. noun1) (an act of squeezing: He gave his sister an affectionate squeeze.) die Umarmung2) (a condition of being squeezed: We all got into the car, but it was a squeeze.) das Gedränge3) (a few drops produced by squeezing.) das Ausgepreßte4) (a time of financial restriction: an economic squeeze.) der Engpaß•- squeezer- squeeze up* * *[skwi:z]I. nto give sth a \squeeze etw drückena \squeeze of lemon ein Spritzer m Zitronensaftcredit \squeeze Kreditrestriktionen plprofit \squeeze Verminderung f der Gewinnspannea \squeeze on spending eine Beschränkung der Ausgabenit'll be a tight \squeeze es wird eng werdenit's quite a \squeeze to get into these old jeans! in diese alten Jeans muss ich mich ganz schön reinzwängen! famII. vt1. (press)▪ to \squeeze sth etw drückento \squeeze sb's hand jds [o jdm die] Hand drückento \squeeze a lemon/an orange eine Zitrone/eine Orange auspressento \squeeze a sponge einen Schwamm ausdrückento \squeeze a toothpaste tube eine Zahnpastatube ausdrückento \squeeze the trigger auf den Abzug drücken2. (extract)freshly \squeezed orange juice frisch gepresster Orangensaftto \squeeze water out of a cloth/sponge einen Lappen auswringen/einen Schwamm ausdrückento \squeeze information from sb aus jdm Informationen herauspressen3. (push)4. (burden financially)▪ to \squeeze sth etw belastensmall businesses are being \squeezed by heavy taxation hohe Steuern bringen kleine Unternehmen in Bedrängnis5. (constrict)▪ to \squeeze sth etw einschränken [o drücken] [o verkleinern]high interest rates are squeezing consumer spending die hohen Zinsen wirken sich negativ auf das Kaufverhalten ausour margins have been \squeezed by the competition unsere Gewinnspannen sind von der Konkurrenz heruntergedrückt worden▪ to \squeeze sb jdn unter Druck setzen7.we \squeezed into the back seat of his car wir quetschten uns auf den Rücksitz seines Wagens* * *[skwiːz]1. n1) (= act of squeezing) Drücken nt no pl, Pressen nt no pl; (= hug) Umarmung f; (of hand) Händedruck m; (in bus etc) Gedränge ntto give sth a squeeze — etw drücken, etw pressen; lemon, sponge etw ausdrücken
to give sb a squeeze — jdn an sich (acc) drücken
it was a tight squeeze — es war fürchterlich eng
getting into that dress was a bit of a squeeze — es war nicht so leicht, mich in das Kleid zu zwängen
2) (= amount) Spritzer m3) (= credit squeeze) Kreditbeschränkung f4)2. vtdrücken; sponge, tube ausdrücken; orange auspressen, ausquetschen; (= squash) person, hand einquetschen; (fig = restrict) person, economy, business etc unter Druck setzen; profits, costs drückento squeeze one's eyes shut — die Augen fest zudrücken
to squeeze liquid out of or from sth —
to squeeze out water/juice — Wasser/Saft herauspressen (from aus)
he squeezed the trigger — er drückte ab
to squeeze sth dry (lit) — etw auswringen; (fig) das Letzte aus etw herausholen
to squeeze money/information etc out of sb — Geld/Informationen etc aus jdm herausquetschen
3. viyou should be able to squeeze through — wenn du dich kleinmachst, kommst du durch
to squeeze in/out — sich hinein-/hinausdrängen
to squeeze through a crowd/hole — sich durch eine Menge/ein Loch zwängen
to squeeze (through) underneath a fence — sich unter einem Zaun durchzwängen
* * *squeeze [skwiːz]A v/t1. zusammendrücken, (-)pressen:squeeze sb’s hand jemandem die Hand drückenb) einen Pickel, Schwamm etc ausdrückenc) umg jemanden ausnehmen, schröpfenfrom aus):squeeze a tear fig eine Träne zerdrücken, ein paar Krokodilstränen weinen4. drücken, quetschen, zwängen ( alle:into in akk):squeeze in einklemmen;they were squeezed up against each other sie standen dicht gedrängt;be squeezed for room in beengten Verhältnissen leben6. umga) jemanden unter Druck setzen, erpressen7. abklatschen, einen Abdruck von einer Münze etc machenB v/i1. quetschen, drücken, pressen2. sich zwängen oder quetschen:squeeze through (in, out) sich durch-(hinein-, hinaus)zwängen;squeeze up zusammenrücken3. sich (aus)quetschen oder (-)pressen lassenC s1. Druck m, Pressen n, Quetschen n2. Händedruck m3. (innige) Umarmung4. Gedränge n:it was a (tight) squeeze es ging ganz schön eng zu5. ausgepresster Saftbe in a tight squeeze schwer im Druck sein7. umg Druck m, Erpressung f:put the squeeze on sb jemanden unter Druck setzen8. WIRTSCHthat was a tight squeeze das ist gerade noch einmal gut gegangen!, das hätte ins Auge gehen können!* * *1. noun1) (pressing) Druck, dergive something a [small] squeeze — etwas [leicht] drücken
a squeeze of juice/washing-up liquid — ein Spritzer Saft/Spülmittel
3) (crush) Gedränge, das2. transitive verb1) (press) drücken; drücken auf (+ Akk.) [Tube, Plastikflasche]; kneten [Ton, Knetmasse]; ausdrücken [Schwamm, Wäsche, Pickel]; (to get juice) auspressen [Früchte, Obst]3) (force) zwängensqueeze one's way past/into/out of something — sich an etwas (Dat.) vorbei-/in etwas (Akk.) hinein-/aus etwas herauszwängen
4) (fig. coll.)3. intransitive verbsqueeze past somebody/something — sich an jemandem/etwas vorbeidrängen
squeeze between two persons — sich zwischen zwei Personen (Dat.) durchdrängen
Phrasal Verbs:* * *v.auspressen v.drücken v.pressen v.quetschen v.verdichten v. -
9 fall
fɔ:l
1. сущ.
1) падение;
спуск, снижение to have, take a fall ≈ падать a bad, nasty fall ≈ неудачное падение a free fall( of a parachutist) ≈ свободное падение( парашютиста) The net broke the tightrope walker's fall. ≈ Сетка смягчила падение канатоходца. Syn: descent, drop, falling, dropping, spill, tumble, slip, plummet
2) падение, сбрасывание;
выпадение (осадков) the fall of leaves ≈ сбрасывание листьев a fall of snow ≈ выпадение снега Syn: dropping
3) амер. осень early fall ≈ ранняя осень late fall ≈ поздняя осень in (the) fall ≈ осенью Syn: autumn
4) обыкн. мн. водопад Niagara Falls ≈ Ниагарский водопад We could see the spray from the falls downriver. ≈ Мы видели водяные брызги от водопада вниз по реке. Syn: waterfall, cascade, cataract
5) впадение( реки)
6) а) рождение( обыкн. о ягнятах), окот б) помет, выводок
7) выпадение (волос и т. п.)
8) количество сваленного леса
9) нечто свободно свисающее, ниспадающее а) покрывало, вуаль б) ниспадающий воротник в) широкий передний карман на брюках г) три лепестка (обычно свисающих) ириса д) длинная шерсть на морде у некоторых пород собак е) шиньон из длинных волос
10) а) упадок, закат б) падение, поражение, капитуляция the fall of Troy ≈ падение Трои The fall of the city followed heavy bombardment. ≈ Сдаче города предшествовала сильная бомбардировка. Syn: surrender, capitulation, overthrow, capture, downfall, collapse, defeat
11) моральное падение;
потеря чести;
потеря невинности The play was about the fall of an honest man. ≈ В пьесе говорилось о моральном падении честного человека. Fall of man ≈ грехопадение Syn: corruption, ruin, loss of innocence, deviation from virtue, slip;
downfall
12) спорт а) прижатие соперника спиной к мату (в борьбе) б) схватка, раунд
13) обрыв, склон, откос (холма) ;
скат, спуск Syn: declivity
14) снижение, спад;
падение, понижение (цен), обесценение Yesterday saw a sudden fall in stock prices. ≈ Вчера произошло резкое падение биржевого курса. Syn: drop, decline, lowering, sinking, diminution, decrease, reduction, slump, depreciation;
ebb, subsidence, wane
15) муз. каданс
16) нисходящая интонация( в речи)
17) тех. напор, высота напора
18) тех. канат или цепь подъемного блока (обыкн. block and fall)
19) мор. фал ∙ pride will have a fall посл. ≈ гордыня до добра не доводит
2. гл.;
прош. вр. - fell, прич. прош. вр. - fallen
1) падать to fall off a table ≈ упасть со стола to fall on one's back ≈ падать на спину The apple fell from the tree. ≈ Яблоко упало с дерева. He fell down the stairs. ≈ Он упал с лестницы. Syn: drop, drop down, tumble, topple, collapse, crash down
2) опадать( о листьях) ;
выпадать, идти( об осадках)
3) спускаться, наступать Night fell. ≈ Спустилась ночь.
4) впадать( о реке)
5) рождаться( о ягнятах и т. п.)
6) выпадать (о волосах и т. п.)
7) рубить, валить (деревья) ;
валиться( о дереве)
8) ниспадать;
(свободно) падать (об одежде, волосах и т. п.) Her dress falls in pleats from the waist. ≈ Ее платье спадает от талии свободными складками. Syn: extend down, hang down, slope, droop, cascade;
descend, drop
9) пасть, сдаться, капитулировать;
погибнуть On the third day of the attack, the town fell. ≈ На третий день город пал. Syn: surrender, be captured, be overthrown, be defeated, be taken, pass into enemy hands, collapse, capitulate, succumb;
be destroyed, come to destruction
10) пасть морально, грешить How many innocents have fallen and become hardened sinners! ≈ Сколько невинных пали и стали неисправимыми грешниками! Syn: transgress, give in to temptation, succumb, lapse, sin, depart from rectitude, err
11) браться, приниматься( за что-л.), начинать делать( что-л.) We shall not fall to send our reply. ≈ Мы не замедлим послать наш ответ.
12) приходиться, падать, происходить, иметь место My birthday falls on Sunday. ≈ Мое рождение попадает на воскресенье. Syn: occur, come to pass, happen, take place, come off, come around
13) падать, понижаться, уменьшаться The temperature has fallen. ≈ Температура упала;
похолодало. My spirits fell. ≈ Мое настроение упало. The cost of meat finally fell. ≈ Цены на мясо наконец снизились. Syn: decline, come down, become less, decrease, diminish, become lower, cheapen, depreciate
14) стихать, ослабевать( о ветре и т. п.)
15) потерпеть крах;
разориться
16) обваливаться, оседать
17) попадать to fall into disfavor ≈ попасть в немилость to fall into disrepute ≈ иметь дурную славу to fall into place ≈ добраться до места to fall into a trap ≈ попасть в ловушку to fall under a train ≈ попадать под поезд to fall under smb. 's influence ≈ попадать под чье-л. влияние
18) делиться, распадаться to fall into three categories ≈ делиться на три категории
19) (употребляется как глагол-связка) становиться to fall asleep ≈ заснуть to fall astern ≈ отстать to fall dead ≈ упасть замертво to fall dumb ≈ онеметь to fall silent ≈ замолчать to fall victim (to) ≈ пасть жертвой ∙ fall about fall abreast of fall across fall among fall apart fall away fall back fall back up fall back on fall behind fall below fall down fall for fall foul fall in fall in with fall into fall off fall on fall out fall over fall through fall to fall under fall upon fall within to fall into line воен. ≈ построиться, стать в строй let fall! мор. ≈ отпускай! fall from grace fall in love fall over oneself падение - a * from one's horse падение с лошади - the * of an apple падение яблока - the * of the hammer удар молотка (на аукционе) - intentional * (спортивное) преднамеренное нападение - pin * падение на обе лопатки (борьба) - to take a * быть сбитым с ног падение, закат - the rise and * of the Roman Empire расцвет и упадок Римской империи понижение, падение;
спад - * in temperature понижение /падение/ температуры - the rise and * of the waves волнение моря /воды/ - a * in prices падение цен обыкн. pl водопад - Niagara Falls Ниагарский водопад уклон, обрыв, склон ( холма) - the * of the plain понижение равнины выпадение (волос, зубов) (американизм) осень - * fashions осенние моды - * overcoat( мужское) осеннее пальто выпадение (осадков и т. п.) - a heavy * of rain сильный дождь, ливень - a two-inch * of snow снежный покров в два дюйма толщиной - a * of rocks blocked the road камнепад завалил дорогу - * of leaves опадение листвы впадение реки окот, рождение (ягнят и т. п.) выводок, помет рубка леса срубленный лес покрывало, вуаль ниспадающий воротник накладные волосы в виде "конского хвоста";
шиньон из длинных волос (спортивное) круг, схватка, раунд - he won two *s out of three он выиграл две схватки из трех - to try a * with smb. побороться /померяться силами/ с кем-л. (техническое) напор, высота напора (техническое) канат подъемного блока (обыкн. block and *) (морское) фал (музыкальное) каданс - (the F.) (религия) грехопадение, первородный грех (тж. a * from grace) - before the F. до грехопадения > to ride for a * неосторожно ездить верхом;
действовать безрассудно, неосмотрительго, во вред самому себе > pride will have a * кто высоко заносится, тот низко падает;
всякой гордыне приходит конец падать - to * to the ground упасть на землю - I fell and hurt my knee я упал и ушиб колено - to * out of a window вывалиться из окна - to * down a precipice сорваться с обрыва - to * over a chair in the dark наткнуться на стул в темноте и упасть - to * full length упасть плашмя, растянуться (во весь рост) - to * on (to) one's knees пасть на колени опускаться, спускаться - the curtain *s занавес падает - her hair *s llosely on her shoulders волосы (свободно) спадают ей на плечи - dress *ing freely платье, ниспадающее свободными складками - to * in smb.'s estimation упасть в чьих-л. глазах низко опускаться, склоняться - her head fell on his shoulder она склонила голову ему на плечо - his eyes fell он опустил глаза наступать, опускаться - darkness fell стемнело - a mist fell опустился туман - night is *ing fast надвигается ночь охватывать, одолевать - sleep fell upon them их свалил /одолел/ сон - fear fell upon him его охватил страх падать, понижаться - the temperature fell температура упала - the glass has *en барометр упал - prices have *en цены упали - the market is *ing цены на рынке падают - stocks fell several points акции упали на несколько пунктов - the river has fallen уровень воды в реке понизился, вода в реке спала стихать, ослабевать - the wind fell ветер стих - here his voice fell он заговорил тише;
он сказал это упавшим голосом - the flames rose and fell пламя то разгоралось, то затихало - the music rose and fell музыка звучала то громче, то тише - his anger suddenly fell его гнев внезапно иссяк - the conversation fell for a few minutes разговор стих на несколько минут ухудшаться, портиться - my spirits fell у меня упало настроение пасть;
погибнуть - to * in (a) battle пасть в бою - to * by the sword пасть от меча - two elephants fell to his gun он убил двух слонов - the fortress fell крепость пала - the Cabinet fell правительство пало дохнуть - large numbers of cattle fell in the drought по время засухи был большой падеж скота устремляться, направляться - when his eye fell on me когда он увидел меня - his eye fell on a misprint опечатка бросилась ему в глаза - the sunlight fell upon the mountain лучи солнца осветили гору - music fell on his ear он услышал музыку, до него донеслась музыка опускаться;
идти под уклон - the plain fell to the north равнина понижалась к северу рушиться, обваливаться;
оседать - many houses fell in the earthquake во время землетрясения было разрушено много домов - the bank fell берег осел (on, upon) распространяться, ложиться( на кого-л., что-л.) ;
падать (на кого-л., что-л.) - suspicion fell on him подозрение пало на него - the lot fell on him жребий пал на него - the responsibility *s on me ответственность падает /ложится/ на меня - the expense fell on him расплачиваться пришлось ему - the accent *s (up) on the last syllabe ударение падает на последний слог - May Day this year *s on Monday первомайский праздник в этом году приходится на понедельник (to) выпадать (на чью-л. долю) ;
доставаться( кому-л.) - to * to smb.'s share /to smb.'s lot/ доставаться, выпадать на чью-л. долю - it fell to me to break the news to her на мою долю выпало /мне пришлось/ сообщить ей эту новость - his property *s to his wife его имущество переходит к жене /наследует жена/ - it fell upon me to open the exhibition мне довелось /пришлось/ открывать выставку срываться с уст - not a word fell from his lips с его уст не сорвалось ни единого слова - to let * a word проронить слово - the excellent advice that fell from his lips превосходные советы, которые он раздавал - I agree with what has *en from the last speaker я согласен с тем, что сказал последний оратор (сленг) угодить в тюрьму - he fell twice он два раза сидел пасть (о женщине) ;
утратить целомудрие опадать (о листьях и т. п.;
тж. * off) - blossoms * from the trees цвет опадает с деревьев - the petals are *ing off the flower цветок осыпается выпадать (о волосах, зубах;
часто * out) - a child's first teeth * у ребенка выпадают молочные зубы - his hair is *ing у него выпадают /лезут/ волосы идти, выпадать (о дожде, снеге) - rain is *ing идет дождь - snow fell выпал снег впадать (о реке) - rivers that * into the sea реки, впадающие в море попадать (в ловушку и т. п.) - to * into a snare /a trap/ попасть в ловушку - to * into smb.'s clutches попасть в чьи-л. лапы - to * to temptation поддаться искушению распадаться (на части) - to * (in) to pieces, to * apart /asunder/ распадаться на части - the work *s into three divisions работа делится на три части - they fell into two factions они раскололись на две фракции западать( в голову) ;
приходить( на ум) - when this strange idea fell into his mind когда ему пришла на ум эта странная идея - it fell into my mind to write you a letter мне вдруг захотелось написать вам письмо рождаться (о ягнятах, щенятах и т. п.) - to fall across smb., smth. наталкиваться на кого-л., что-л.;
неожиданно встретить( кого-л.) ;
налететь, нарваться( на что-л., кого-л.) - to fall on /upon/ smb., smth. наталкиваться на кого-л., что-л.;
нападать, набрасываться, бросаться на кого-л., что-л. - she had *en on hard times для нее наступили тяжелые времена - to * upon smb.'s neck кинуться на шею кому-л. - to fall among smb. попадать в какое-л. общество - to * among evil companions попасть в дурную компанию - to * among thieves попасть в руки /в лапы/ грабителей /мошенников/;
(библеизм) попасться разбойникам - to fall under smth. подвергаться чему-л.;
испытывать что-л.;
подпадать под какую-л. категорию и т. п., входить в какую-л. группу и т. п. - to * under smb.'s displeasure заслужить чью-л. немилость, попасть у кого-л. в немилость - to * under suspicion попасть под подозрение - to * under smb.'s power попадать под чью-л. власть - these things do not * under human observation такие явления недоступны человеческому наблюдению - these facts * into another category эти факты относятся к другой категории - to fall within smth. входить в какие-л. границы, пределы и т. п.;
находиться в пределах, сфере чего-л. - to * within a certain sphere of influence находиться в определенной сфере влияния - this doesn't * within my province это вне моей компетенции - to fall in(to) a state приходить, впадать в какое-л. состояние;
доходить до какого-л. состояния;
оказываться в каком-л. положении - to * into rage впадать в ярость /в гнев/ - to * into error впасть в ошибку /в заблуждение/ - to * in love влюбиться - he *s in and out of love very easily он очень влюбчивый человек - to * into talk заговорить, разговориться - the custom fell into abuse этот обычай выродился - to * into a spin (авиация) войти в штопор - to * into disgrace /into disfavour/ впадать в немилость - to fall to (doing) smth. браться, приниматься за что-л., начинать делать что-л. - one night I fell to thinking of the past однажды ночью я задумался о прошлом - she fell to brooding again она снова стала грустить;
ею снова овладели грустные мысли - to fall for smb. (разговорное) увлечься кем-л., влюбиться в кого-л. - every girl *s for him все девушки без ума от него - to fall for smth. (разговорное) попасться на удочку - he at once fell for it он тотчас же попался на эту удочку - he fell for the trick он поддался обману, он попался на удочку как глагол-связка в составном именном сказуемом: - to * asleep засыпать - to * sick заболеть - to * dumb онеметь - to * silent замолчать - to * vacant освободиться - to * due подлежать оплате (о векселе и т. п.) - the rent *s due next Monday срок квартирной платы в будущий понедельник - to * a-laughing (устаревшее) расхохотаться > to * at hand надвигаться, приближаться > to * flat не иметь успеха, не удаться;
не произвести желаемого впечатления > his jokes all fell flat его шутки никого не развеселили > to * over one another doing smth. делать что-л. с чрезмерным усердием;
очень торопиться > to * all over oneself из кожи вон лезть;
стараться изо всех сил > to * foul (морское) столкнуться (с другим судном) ;
ссориться > to * from grace терять расположение;
грешить, сбиваться с пути истинного > to * into line (военное) построиться;
подчиниться, согласиться > to * into place вставать на (свое) место > when he told me his story all the facts I had known before fell into place когда он рассказал мне свою историю, все факты, известные мне и раньше, стали понятны > to * into a habit приобретать привычку, привыкать > to * out of a habit отвыкать > he fell out of the habit of smoking он отвык от курения > to * short (of) потерпеть неудачу;
не хватать;
не достигать цели > his income *s short of his expenditure by $500 его доходы на 500 долларов меньше, чем его расходы > our efforts have *en short наши усилия не увенчались успехом > to * on one's feet счастливо отделаться, удачно выйти из трудного положения > to * to the ground рушиться, оказываться бесполезным /безрезультатным/ > to * on one's face провалиться( с треском) ;
оскандалиться;
потерпеть фиаско > to * between two stools сесть между двух стульев > his face fell у него вытянулось лицо( редкое) ловушка (профессионализм) крик, издаваемый китобоями при виде кита охота на китов ~ into распадаться на;
the book falls into three parts книга распадается на три части ~ приходиться, падать;
доставаться;
his birthday falls on Monday день его рождения приходится на понедельник;
the expense falls on me расход падает на меня fall (обыкн. pl) водопад (напр., Niagara Falls) ~ впадать (о реке;
into - в) ~ впадение (реки) ~ выпадение (волос и т. п.) ~ выпадение осадков;
a heavy fall of rain ливень ~ гибнуть;
to fall in battle пасть в бою;
быть убитым;
the fortress fell крепость пала ~ глагол-связка становиться;
to fall dumb онеметь;
to fall silent замолчать;
to fall asleep заснуть ~ тех. канат или цепь подъемного блока (обыкн. block and fall) ~ количество сваленного леса ~ моральное падение;
потеря чести;
the Fall of man библ. грехопадение ~ тех. напор, высота напора ~ ниспадать;
(свободно) падать (об одежде, волосах и т. п.) ~ опускаться, падать;
the curtain falls занавес опускается;
the temperature has fallen температура упала;
похолодало;
my spirits fell мое настроение упало ~ опускаться ~ оседать, обваливаться ~ амер. осень ~ (fell;
fallen) падать, спадать, понижаться;
the Neva has fallen вода в Неве спала;
prices are falling цены понижаются ~ падать ~ падение;
снижение ~ падение ~ пасть морально ~ понижаться ~ понижение ~ потерпеть крах;
разориться ~ приходиться, падать;
доставаться;
his birthday falls on Monday день его рождения приходится на понедельник;
the expense falls on me расход падает на меня ~ рождаться (о ягнятах и т. п.) ~ рубить (лес) ;
валить (дерево) ;
валиться (о дереве) ;
fall about падать от хохота;
fall abreast of не отставать от;
идти в ногу с ~ снижаться ~ снижение ~ сникнуть;
her face fell ее лицо вытянулось ~ спад;
падение цен, обесценение ~ спад ~ спускаться, сходить;
night fell спустилась ночь ~ стихать (о ветре и т. п.) ~ спорт. схватка (в борьбе) ;
to try a fall (with smb.) бороться (с кем-л.) ~ уклон, обрыв, склон (холма) ;
скат, понижение профиля местности ~ уменьшаться ~ упадок, закат, потеря могущества ~ утратить власть ~ мор. фал;
pride will have a fall посл. = гордый покичился да во прах скатился;
спесь в добро не вводит, гордыня до добра не доведет ~ рубить (лес) ;
валить (дерево) ;
валиться (о дереве) ;
fall about падать от хохота;
fall abreast of не отставать от;
идти в ногу с ~ рубить (лес) ;
валить (дерево) ;
валиться (о дереве) ;
fall about падать от хохота;
fall abreast of не отставать от;
идти в ногу с ~ across встретить случайно;
fall among попасть случайно ~ across встретить случайно;
fall among попасть случайно to ~ astern мор. отстать;
to fall due подлежать уплате( о векселе) ~ away покидать, изменять ~ away спадать;
уменьшаться ~ away чахнуть, сохнуть ~ back отступать ~ back (up) on обращаться( к кому-л.) в нужде ~ back (up) on прибегать( к чему-л.) to ~ dead упасть замертво;
to fall victim (to) пасть жертвой ~ down разг. потерпеть неудачу;
to fall down on one's work не справиться со своей работой ~ due for payment подлежать оплате по сроку ~ глагол-связка становиться;
to fall dumb онеметь;
to fall silent замолчать;
to fall asleep заснуть to ~ flat не произвести ожидаемого впечатления;
his joke fell flat его шутка не имела успеха flat: ~ плоско;
врастяжку, плашмя;
to fall flat упасть плашмя ~ скучный, унылый;
безжизненный;
неэнергичный;
неостроумный;
невразумительный;
to fall flat не произвести впечатления ~ for влюбляться;
чувствовать влечение;
поддаваться( чему-л.) ~ for попадаться на удочку to ~ foul of ссориться;
нападать;
to fall over oneself лезть из кожи вон to ~ foul of мор. сталкиваться to ~ from grace впасть в ересь;
to fall into line воен. построиться, стать в строй;
to fall into line with подчиняться, соглашаться с to ~ from grace согрешить ~ in истекать( о сроке аренды, долга, векселя) ~ in проваливаться, обрушиваться ~ in (with) случайно встретиться, столкнуться ~ in воен. становиться в строй, строиться ~ in (with) уступать;
соглашаться, быть в согласии( с кем-л.) ~ гибнуть;
to fall in battle пасть в бою;
быть убитым;
the fortress fell крепость пала ~ in interest rates понижение процентных ставок to ~ in love влюбляться;
he falls in and out of love too often он непостоянен в любви love: ~ влюбленность;
to be in love (with) быть влюбленным (в) ;
to fall in love (with) влюбиться (в) ;
to fall out of love( with smb.) разлюбить( кого-л.) ~ in oil prices снижение цен на нефть ~ in prices падение цен ~ in prices снижение уровня цен ~ in quotation снижение курса ~ in value снижение стоимости ~ in value of money обесценивание денег ~ into начинать (что-л)., приниматься (за что-л.) ~ into относиться к;
to fall into the category относиться к категории, подпадать под категорию ~ into приходить в определенное состояние: to fall into a rage впадать в бешенство ~ into распадаться на;
the book falls into three parts книга распадается на три части ~ into приходить в определенное состояние: to fall into a rage впадать в бешенство to ~ from grace впасть в ересь;
to fall into line воен. построиться, стать в строй;
to fall into line with подчиняться, соглашаться с to ~ from grace впасть в ересь;
to fall into line воен. построиться, стать в строй;
to fall into line with подчиняться, соглашаться с ~ into относиться к;
to fall into the category относиться к категории, подпадать под категорию ~ of hammer удар молотка (на аукционе) ~ моральное падение;
потеря чести;
the Fall of man библ. грехопадение ~ off мор. не слушаться руля( о корабле) ~ off отпадать;
отваливаться ~ off уменьшаться;
ослабевать ~ on выпадать на (чью-л.) долю ~ on нападать;
набрасываться ~ on приступать( к чему-л.) to ~ on one's face = провалиться с треском, оскандалиться;
to fall to pieces развалиться ~ out выпадать ~ out воен. выходить из строя ~ out случаться;
it so fell out that случилось так, что ~ out ссориться ~ over споткнуться( обо что-л.) ~ over увлекаться to ~ over one another, to ~ over each other драться, бороться, ожесточенно соперничать друг с другом;
let fall! мор. отпускай! to ~ over one another, to ~ over each other драться, бороться, ожесточенно соперничать друг с другом;
let fall! мор. отпускай! to ~ foul of ссориться;
нападать;
to fall over oneself лезть из кожи вон ~ глагол-связка становиться;
to fall dumb онеметь;
to fall silent замолчать;
to fall asleep заснуть ~ through провалиться;
потерпеть неудачу ~ to выпадать, доставаться;
to fall to (smb.'s) lot выпадать на (чью-л.) долю ~ to выпадать ~ to доставаться ~ to нападать ~ to начинать, приниматься (за что-л.) ~ to приниматься за еду ~ to выпадать, доставаться;
to fall to (smb.'s) lot выпадать на (чью-л.) долю to ~ on one's face = провалиться с треском, оскандалиться;
to fall to pieces развалиться ~ to the ground оказаться безрезультатным ground: ~ земля, почва;
грунт;
to fall to the ground упасть;
перен. рушиться (о надежде и т. п.) ;
to take ground приземлиться ~ under подвергаться ~ under подпадать;
to fall under item 26 подпадать под действие раздела 26 ~ under подпадать;
to fall under item 26 подпадать под действие раздела 26 ~ upon нападать ~ upon наталкиваться to ~ dead упасть замертво;
to fall victim (to) пасть жертвой ~ гибнуть;
to fall in battle пасть в бою;
быть убитым;
the fortress fell крепость пала to ~ in love влюбляться;
he falls in and out of love too often он непостоянен в любви ~ выпадение осадков;
a heavy fall of rain ливень ~ сникнуть;
her face fell ее лицо вытянулось ~ приходиться, падать;
доставаться;
his birthday falls on Monday день его рождения приходится на понедельник;
the expense falls on me расход падает на меня to ~ flat не произвести ожидаемого впечатления;
his joke fell flat его шутка не имела успеха ~ out случаться;
it so fell out that случилось так, что to ~ over one another, to ~ over each other драться, бороться, ожесточенно соперничать друг с другом;
let fall! мор. отпускай! ~ опускаться, падать;
the curtain falls занавес опускается;
the temperature has fallen температура упала;
похолодало;
my spirits fell мое настроение упало ~ (fell;
fallen) падать, спадать, понижаться;
the Neva has fallen вода в Неве спала;
prices are falling цены понижаются ~ спускаться, сходить;
night fell спустилась ночь night: by ~ под покровом ночи;
on nights разг. по ночам;
night fell наступила ночь price ~ падение курса ценных бумаг price ~ снижение цен ~ (fell;
fallen) падать, спадать, понижаться;
the Neva has fallen вода в Неве спала;
prices are falling цены понижаются ~ мор. фал;
pride will have a fall посл. = гордый покичился да во прах скатился;
спесь в добро не вводит, гордыня до добра не доведет ~ опускаться, падать;
the curtain falls занавес опускается;
the temperature has fallen температура упала;
похолодало;
my spirits fell мое настроение упало ~ спорт. схватка (в борьбе) ;
to try a fall (with smb.) бороться (с кем-л.) -
10 triangulation currency
"A currency that can be used to convert between two other currencies for which there is no direct exchange rate table available. The triangulation currency must have available exchange rates with both of the currencies to be converted. The first currency can be converted into the common (triangulation) currency, and then the common currency can be converted into the second currency." -
11 rate
1. n1) темп; уровень; показатель2) норма; размер•to accelerate / to speed up rates of growth — ускорять темпы роста
to harmonize VAT rates — согласовывать величину налога на добавленную стоимость / НДС
to improve the literacy rate — повышать процент грамотного населения / степень грамотности
- accounting exchange rateto raise at a rapid rate — расти / повышаться быстрым темпом
- activity rate
- activity rates
- annual growth rate
- annual rate of increase
- at a much slower rate
- at an easy rate
- at an even greater rate
- at prevailing rates of exchange
- at the black market rate
- at the official exchange rate
- at too low rate
- average annual rate
- average rate of profit
- bank lending rate
- bank lending rates
- bank rate
- bank rates
- basic rate
- birth rate
- black-market rate
- building societies' mortgage rates
- child mortality rate
- closing currency rates
- commercial interest rate
- commission rate
- common table of rates
- comparable rate of increase
- contribution rates
- crime rate
- currency exchange rate
- current rate
- cut in interests rates
- death rate
- decrease in the inflation rate
- discount rate
- divorce rate
- dollar rate
- economic growth rate
- effective exchange rate
- effective interest rate
- exchange rate between the dollar and the yen
- exchange rate
- fall in the exchange rate
- fixed exchange rate
- flexible exchange rate
- flexible rate
- floating rates of exchange
- floating rates
- fluctuations of currency exchange rate
- foreign exchange rates
- freight rates
- general rate
- growth rate
- high rate
- high tax rates
- household rate
- huge discrepancy in exchange rates
- illiteracy rate
- industrial growth rates
- infant mortality rate
- inflation rate
- interest rate
- interest rates are at an all-time high
- key discount rate
- lending rate
- lending rates
- literacy rate
- long-term rate of interest
- low rate
- mean annual rate
- mortality rate
- official rate of pay
- official rate
- operational exchange rate
- overall growth rate
- pay rate
- piecework rate
- population growth rate
- priority growth rates
- production rate
- profit rate
- rate of consumption
- rate of domestic capital formation
- rate of economic development
- rate of economic growth
- rate of exchange
- rate of growth
- rate of industrialization
- rate of inflation
- rate of interest
- rate of killing
- rate of population growth
- rate of profit
- rate of return
- rate of surplus value
- rate of unemployment
- rate of work
- rates of assessment
- rates of increase in the national income
- rates of increase of the national income
- record abstention rate
- recruitment rate
- reduction in interest rates
- reliability rate
- rise in interest rates
- rise in lending rates
- rise in the inflation rate to 3.5 per cent
- rising unemployment rate
- short-term rate of interest
- soaring inflation rate
- stable rate of exchange
- stable rates of growth
- steady exchange rate of the pound
- sterling rate
- survival rate
- target rate
- tariff rate
- time rate
- top marginal tax rate
- total rate
- two-tie rate of exchange
- unemployment rate
- value-added tax rates
- VAT rates
- wage rate s
- world market rates
- yen-dollar rate 2. vоценивать; исчислять; определять; измерять; устанавливать -
12 interest rate parity theory
Fina method of predicting foreign exchange rates based on the hypothesis that the difference between the interest rates in two countries should offset the difference between the spot rates and the forward foreign exchange rates over the same periodThe ultimate business dictionary > interest rate parity theory
-
13 low
I
1. ləu adjective1) (not at or reaching up to a great distance from the ground, sea-level etc: low hills; a low ceiling; This chair is too low for the child.) bajo2) (making little sound; not loud: She spoke in a low voice.) bajo3) (at the bottom of the range of musical sounds: That note is too low for a female voice.) bajo4) (small: a low price.) bajo5) (not strong; weak or feeble: The fire was very low.) bajo6) (near the bottom in grade, rank, class etc: low temperatures; the lower classes.) bajo
2. adverb(in or to a low position, manner or state: The ball flew low over the net.) bajo- lower- lowly
- lowliness
- low-down
- lowland
- lowlander
- lowlands
- low-lying
- low-tech
3. adjectivelow-tech industries/skills.) (de) baja tecnología- be low on
II ləu verb(to make the noise of cattle; to moo: The cows were lowing.) mugirlow adj1. bajo2. gravetr[ləʊ]1 (in general) bajo,-a; (neckline) escotado,-a2 (battery) gastado,-a3 (depressed) deprimido,-a, abatido,-a4 SMALLMUSIC/SMALL grave1 bajo1 (low level) punto bajo2 SMALLMETEOROLOGY/SMALL área de baja presión\SMALLIDIOMATIC EXPRESSION/SMALLto keep a low profile ser discreto,-alow comedy farsalow life bajos fondos nombre masculino pluralthe Low Countries los Países Bajos————————tr[ləʊ]1 (moo) mugirlow ['lo:] vi: mugirlow adv: bajo, profundoto aim low: apuntar bajoto lie low: mantenerse escondidoto turn the lights down low: bajar las luces1) : bajoa low building: un edificio bajoa low bow: una profunda reverencia2) soft: bajo, suavein a low voice: en voz baja3) shallow: bajo, poco profundo4) humble: humilde, modesto5) depressed: deprimido, bajo de moral6) inferior: bajo, inferior7) unfavorable: malto have a low opinion of him: tener un mal concepto de él8)to be low on : tener poco de, estar escaso delow n1) : punto m bajoto reach an all-time low: estar más bajo que nunca3) : mugido m (de una vaca)adj.• abatido, -a adj.• bajo, -a adj.• canallesco, -a adj.• deficiente adj.• grave adj.• hondo, -a adj.• humilde adj.• indigno, -a adj.• pequeño, -a adj.• rastrero, -a adj.• reducido, -a adj.adv.• bajo adv.n.• precio mínimo s.m.• punto bajo s.m.v.• berrear v.• mugir v.
I ləʊadjective -er, -est1) ( in height) bajoto fly at low altitude — volar* bajo or a poca altura
2)turn the radio down low — bájale al radio (AmL exc CS), baja la radio (CS, Esp)
b) ( in pitch) <key/note/pitch> grave, bajo3) (in intensity, amount, quality) <pressure/temperature> bajo; <wages/prices> bajo; < proportion> pequeño; <standard/quality> bajo, malo; <number/card> bajocook on a low flame o heat — cocinar a fuego lento
the temperature was in the low sixties — la temperatura apenas pasaba de 60° Fahrenheit
4) ( in short supply)supplies are low — los suministros escasean or están empezando a faltar
to be low ON something: we're rather low on milk — tenemos or nos queda poca leche
5) (in health, spirits)to feel low — ( physically) sentirse* débil; ( emotionally) estar* deprimido
to be in low spirits — estar* bajo de moral or con la moral baja
6)a) ( humble) (liter) bajo, humildeof low birth — de humilde cuna (liter)
b) ( despicable) bajo, mezquinoa low trick — una mala jugada, una mala pasada
II
adverb -er, -est1) bajoto fly low — volar* bajo or a poca altura
to bow low — hacer* una profunda reverencia
I wouldn't sink o stoop so low as to do that — no me rebajaría a hacer una cosa así, nunca caería tan bajo
2)a) (softly, quietly) bajob) ( in pitch) bajo
III
a) ( low point) punto m más bajothe peso has dropped to a new (record) low against the dollar — la cotización del peso ha alcanzado un nuevo mínimo (histórico) con respecto al dólar
relations between the two countries are at an all-time low — las relaciones entre los dos países nunca han sido peores
b) ( Meteo) zona f de bajas presiones
IV
intransitive verb mugir*
I [lǝʊ]1. ADJ(compar lower) (superl lowest)on low ground — a nivel del mar, en tierras bajas
2) (=quiet) [voice, TV, radio] bajo3) (=low-pitched) [voice, musical note] grave, bajo4) [number] bajo; [price, income] reducido, bajo; [stock, supplies] escaso5) (in intensity) [light, rate, speed, temperature] bajo6) (=inferior) [standard, quality] inferior7) (=humble) [rank] humilde; [card] pequeño8) (Aut)in low gear — en primera or segunda
9) [health] débil, malo; [diet] deficienteto feel low, be low in spirits — sentirse deprimido, estar bajo de moral
10) [character, behaviour, opinion] malo; [comedian] grosero; [character] vil; [joke, song] verde; [trick] sucio, malo; tide2. ADV(compar lower) (superl lowest)1) [aim, fly, sing] bajo; [swing] bajo, cerca de la tierra•
to bow low — hacer una reverencia profunda•
a dress cut low in the back — un vestido muy escotado de espalda•
to fall low — (fig) caer bajo•
to be laid low with flu — ser postrado por la gripe•
to lay sb low — derribar a algn, poner a algn fuera de combate•
to sink low — (fig) caer bajo2) [quietly] [say, sing] bajo, en voz baja3)to turn the lights/the volume down low — bajar las luces/el volumen
4) (Cards)3. N1) (Met) área f de baja presión2) (Aut) primera or segunda (marcha) f3) (fig) (=low point) punto m más bajoall-timeto reach a new or an all-time low — estar más bajo que nunca
4.CPDlow beam headlights NPL — (US) luces fpl de cruce
Low Church N — sector de la Iglesia Anglicana de tendencia más protestante
low comedy N — farsa f
Low Latin N — bajo latín m
low season N — (esp Brit) temporada f baja
Low Sunday N — Domingo m de Cuasimodo
low water mark N — línea f de bajamar
II [lǝʊ]1.VI mugir2.N mugido m* * *
I [ləʊ]adjective -er, -est1) ( in height) bajoto fly at low altitude — volar* bajo or a poca altura
2)turn the radio down low — bájale al radio (AmL exc CS), baja la radio (CS, Esp)
b) ( in pitch) <key/note/pitch> grave, bajo3) (in intensity, amount, quality) <pressure/temperature> bajo; <wages/prices> bajo; < proportion> pequeño; <standard/quality> bajo, malo; <number/card> bajocook on a low flame o heat — cocinar a fuego lento
the temperature was in the low sixties — la temperatura apenas pasaba de 60° Fahrenheit
4) ( in short supply)supplies are low — los suministros escasean or están empezando a faltar
to be low ON something: we're rather low on milk — tenemos or nos queda poca leche
5) (in health, spirits)to feel low — ( physically) sentirse* débil; ( emotionally) estar* deprimido
to be in low spirits — estar* bajo de moral or con la moral baja
6)a) ( humble) (liter) bajo, humildeof low birth — de humilde cuna (liter)
b) ( despicable) bajo, mezquinoa low trick — una mala jugada, una mala pasada
II
adverb -er, -est1) bajoto fly low — volar* bajo or a poca altura
to bow low — hacer* una profunda reverencia
I wouldn't sink o stoop so low as to do that — no me rebajaría a hacer una cosa así, nunca caería tan bajo
2)a) (softly, quietly) bajob) ( in pitch) bajo
III
a) ( low point) punto m más bajothe peso has dropped to a new (record) low against the dollar — la cotización del peso ha alcanzado un nuevo mínimo (histórico) con respecto al dólar
relations between the two countries are at an all-time low — las relaciones entre los dos países nunca han sido peores
b) ( Meteo) zona f de bajas presiones
IV
intransitive verb mugir* -
14 discount
1. сущ.1)а) торг. скидка (с цены), ценовая скидка (денежная сумма или процент, на который поставщик снижает стандартную цену товара или услуги; напр., снижение стандартной цены товара в рамках кампании по стимулированию сбыта или снижение прейскурантной цены в качестве вознаграждения за быстрый или наличный платеж, за покупку в большом количестве и т. п.; также снижение стандартного тарифа на услуги для клиентов, удовлетворяющих определенным требованиям, напр., уменьшение величины страховой премии в связи с особенностями данного риска, отсутствием аварий или других страховых случаев в течение определенного времени, либо уменьшение стоимости туристической путевки при приобретении общей путевки для группы лиц и т. п.)ATTRIBUTES:
cumulative 2), aggregate 2)
one-time discount — единовременная [разовая\] скидка
COMBS:
discount in the amount of— скидка в сумме
At the purchase of 6-10 titles you will obtain the discount in the amount of 5%.
discount of $125, $125 discount — скидка в размере 125 долл.
10% discount, discount of 10% — скидка в размере 10%, десятипроцентная скидка
1% discount for cash — скидка 1% за расчет наличными
15% discount for quantity purchases — 15-процентная скидка за покупку в большом количестве
less discount of 5% — со сидкой в 5%, за вычетом 5%
A discount of up to 40% may apply to Physical Damage Coverage for your boat, if the boat is less than 11 years old.
a discount of 10 to 40 percent — скидка (в размере) от 10% до 40%
a discount (of) between 10% and 20% — скидка (в размере) от 10% до 20%, скидка между 10% и 20%
discount on [below, to, off, from\] — скидка с (цены, тарифной ставки)
50% discount below the normal retail price — 50% скидка с обычной розничной цены
You can get 50% discount off the regular ticket price!
Click here to order this book at a discount from the regular list price.
discount on (smth.) — скидка на (что-л.)
Members will receive special discounts on all products. — Участники получат специальные скидки на все товары.
special discount to students, special students discounts — специальные скидки для студентов, специальные скидки студентам, специальные студенческие скидки
50% discount for children under 12 — 50% скидка для детей в возрасте до 12 лет
to give [to grant, to allow\] a discount — предоставить скидку
Discounts are given for quantity purchases.
First, they commit all participants to grant discounts of the same type to buyers who meet the same conditions of eligibility.
The producer usually establishes a list price and then allows discounts from it to various types of intermediate customers.
Later in the century, as competition for customers increased, some booksellers offered discounts of 20 percent and more.
to get [to receive, to obtain\] a discount — получить скидку
Club members get special discount off the normal rates. — Члены клуба получают специальную скидку с обычных тарифов.
He received cash discount of 3%. — Он получил скидку в размере 3% за оплату наличными.
to earn a discount — получить [заслужить, заработать\] скидку
When purchases must be placed within a specified period to earn a discount, the prospective contractor must indicate the required time period.
Those who purchase for cash are allowed a discount of 2%, while those who pay within one month can claim a discount of 1%.
to ask for a discount — просить [требовать\] скидку, обращаться за скидкой
If you're going to pay cash, ask for a discount.
It could be very useful to be able to negotiate a discount for cash if you are buying luxury items like a fur coat or an expensive piece of jewellery.
Large volume orders may be subject to a discount. — Крупные заказы могут подлежать скидке. [По крупным заказам может предоставляться скидка.\]
to qualify for a discount — иметь право на скидку; получить право на скидку; давать право на скидку
To qualify for discount all orders must be received by 30th June. — Чтобы иметь право на скидку, все заказы должны быть получены до 30 июня.
to be eligible for [to be entitled to\] a discount — иметь право на скидку
Find out if you are entitled to a discount. — Выясните, имеете ли вы право на скидку.
to lose a discount — терять скидку, терять право на скидку
This means that you can make 1 claim in any year or 2 claims in any 3-year period, and you won't lose the discount earned for your previous years of safe driving. — Это означает, что вы можете предъявить одно требование в течение любого года или два требования в течение любого трехлетнего периода, и вы не потеряете скидку, заработанную за предыдущие года безопасного вождения.
To find the sale price of the item, you calculate the discount and subtract the discount from the original price.
to reduce/to increase discount — уменьшать/увеличивать скидку
ThyssenKrupp Nirosta reduces cash discount.
Under the Local Government Act 2003, all District Councils have been allowed to reduce their Council Tax discount on second homes from 50% to 10%.
American Airlines also has increased its discount from 21 percent to 22 percent on all domestic fares and international full fares.
They've increased the tax discount on the house.
Syn:Ant:See:advertising discount, aggregated discount, bulk discount а), bulk purchase discount, cash discount, chain discount, commercial discount, cumulative discount, deep discount 2) а), deferred discount, discount allowed, discount earned, discount for cash, discount for cash payment, discount for early payment, discount for paying cash, discount for prompt payment, discount for quantity, discount for quantity purchases, discount from price, discount on price, discount received, discounts lost, early payment discount, functional discount, group discount 1) а), insurance discount, insurance premium discount, invoice discount 1) а), long discount, lost discounts, loyalty discount, net name discount, noncumulative discount, off-invoice discount, patronage discount, premium discount, prepayment discount, price discount а), prompt payment discount, purchase discount, quantity discount, quantity purchase discount, renewal discount, retail discount, retro discount, retrodiscount, retrospective discount, sales discount, series discount 1) а), short discount, special discount, staff discount, trade discount, trade-in discount, unearned discount а), volume discount, wholesale discount, amount of discount, discount amount а), discount broker а), discount brokerage, discount card, discount chain, discount coupon, discount drugstore, discount fare, discount goods, discount house 2) а), discount loss, discount market 2) а), discount merchandiser, discount period 1) а), discount policy 1) а), discount price, discount pricing, discount retailer, discount retailing, discount sale, discount scale, discount series, discount schedule, discount store, discount supermarket, discount table, discount terms, percentage of discount, scale of discounts, table of discounts, allowance 1. 3) discounted price а), discounted goods, premium price а), trade credit, EOM, ROG, discounter б), discountable 2) б), regular price, list price, off-price product, at a discount 1) а) IDIOM: five-finger discountб) фин., бирж. дисконт (сумма, на которую номинал или цена погашения ценной бумаги больше цены ее первоначального размещения или текущей рыночной цены)ATTRIBUTES:
accrued 2), amortizable 2) б)
deep discount — глубокий дисконт, значительный дисконт*
COMBS:
discount in the amount of— дисконт в сумме
discount of $125, $125 discount — дисконт в размере 125 долл.
As a result, X treats the loan as having original issue discount in the amount of $130000.
10% discount, discount of 10% — дисконт в размере 10%, десятипроцентный дисконт
For example, if a $1000 par bond was bought at a discount of $900, at maturity there would be a $100 gain.
a discount of 10 to 40 percent — дисконт (в размере) от 10% до 40%
a discount (of) between 10% and 20% — скидка (в размере) от 10% до 20%, скидка между 10% и 20%
discount on [below, to, off, from\] — дисконт к (цене, номиналу), дисконт с [от\] (цены, номинала)
Coupons are sold at a discount to maturity value.
The Company amortizes any discount or premium as part of interest expense on the related debt using the effective interest method.
Although the issuer will calculate original issue discount, if any, based on its determination of the accrual periods, a bondholder may, subject to some restrictions, elect other accrual periods.
All taxable discount securities, including Corporate and Government Bonds, Federal STRIPs, Eurobonds, and Taxable Municipal securities.
Ant:See:accrued discount, acquisition discount а), amortized discount, bond discount, debt discount, deep discount 1) а), discount from price, discount on price, Discount on Notes Payable, Discount on Notes Receivable, market discount а), original issue discount, price discount 1) б), share discount, unamortized discount, accretion of discount, accrual of discount, accumulation of discount, amortization of discount, amount of discount, discount accretion, discount amortization, discount amount б), discount bond, discount percentage 1) б), discount price, discount securities, discount yield, percentage of discount, discounted price б) premium price б) at a discount 1) б)в) фин., банк. дисконт, скидка (разница между номиналом векселя и суммой, получаемой векселедержателем при учете векселя до наступления срока его погашения)See:bank discount а), banker's discount, amount of discount, discount amount в), discount basis, discount interest rate, discount market 1) в), discount percentage 2) в), discount policy 2) в), discount rate 1) а), 1) б), discount rate of interest, percentage of discount, rate of discount, discounting 1)г) фин., бирж. дисконт, скидка (отклонение в меньшую сторону от официального курса валюты, т. е. ситуация, когда цена одной валюты занижена по отношению к цене другой валюты, напр., франк может продаваться со скидкой к фунту)д) фин., банк. дисконт (разница между базовой согласованной суммой кредита и суммой, фактически получаемой заемщиком; в обычных дисконтных кредитах соответствует величине процентов, подлежащих уплате по кредиту; в некоторых кредитах из базовой суммы кредита могут вычитаться дисконтные пункты или другие единовременные вознаграждения и комиссионные, причитающиеся кредитору)See:е) фин. дисконт, скидка (при оценке стоимости предприятия или крупных пакетов акций: разница, на которую фактически согласованная цена предприятия/пакета акций меньше базовой рыночной цены; такой дисконт может использоваться в качестве компенсации за узость вторичного рынка для акций, недостаточный размер продаваемого пакета акций для приобретения контроля за предприятием и т. п.)See:discount for lack of control, discount for lack of marketability, key person discount, lack of control discount, lack of marketability discount, marketability discount, minority discount, minority interest discountж) фин. скидка, дисконт (в самом общем смысле: сумма, на которую уменьшена базовая стоимость или другая базовая величина)Ant:See:acquisition discount б), compound discount, forward discount, interest discount, interest rate discount, loan discount 1) б), 2) б), merchant discount, reinvestment discount, tax discount, underwriter's discount, discount fee 1), 2), discount interest rate, discount mortgage, discount points, discount rate 1) в), 1) г), discount rate of interest, merchant discount fee, rate of discount, discounted mortgage, at a discount 2)2) банк., фин. учет, операция по учету [по дисконту\] (операция, в ходе которой банк или другое финансовое учреждение выкупает вексель или иное долговое обязательство у его держателя по цене, равной номиналу долгового обязательства за вычетом вознаграждения за оставшийся до погашения срок, напр., вексель с номиналом в 100 долл. может продаваться за 90 долл.; впоследствии банк взыскивает полную номинальную стоимость долгового обязательства с лица, выписавшего это долговое обязательство)Syn:discounting 1)See:invoice discount 2) discount broker б), discount credit, discount factoring, discount fee 3) б), discount house 1) б), discount market 1) б), discount period 2) б), discount window, discounter а), discountability, discountable 1) а), bill broker, rediscount 1.3) фин. дисконтирование (определение текущей стоимости актива или текущей стоимости будущих потоков доходов и расходов)Syn:discounting 2)See:discount coefficient, discount factor, discount interest rate, discount rate 2), discount rate of interest, dividend discount model, rate of discount4)а) торг. процент скидки (величина скидки, выраженная в процентах к цене)Syn:б) фин. учетная ставка; ставка дисконта [дисконтирования\]Syn:discount rate 1) а), 1) а), 2) а)See:2. гл.1) торг. предоставлять [делать\] скидку, снижать цену (уменьшать обычную прейскурантную цену для покупателя, приобретающего значительное количество товара, рассчитывающегося наличными и т. п.); продавать со скидкой (уценивать товары, уменьшать цену продаваемых товаров)The shop discounted goods. — Магазин сделал скидку на товары.
to discount from [off\] price — сделать скидку с цены
to discount (by) 10% — делать скидку в размере 10%
Companies discount their goods by 10%-75% only to sell more volume. — Компании предоставляют скидку на свои товары в размере 10-75% [компании снижают цену своих товаров на 10-75%\] только для того, чтобы увеличить объем продаж.
If an item has not sold within two weeks the store discounts the item by 25% for the third week, 50% for the fourth week, and 75% for the fifth week. — Если предмет не продается в течении двух недель, то в течение третьей недели предмет предлагается со скидкой в 25%, в течение четвертой — со скидкой 50%, а в течение пятой — со скидкой 75%.
All items were discounted about 20% from the suggested list prices. — Цена всех товаров была снижена на 20% по сравнению с рекомендованной прейскурантной ценой.
The company discounted prices on its products. — Компания сделала скидку с цены на свои товары.
United discounts the fare by 50%. — "Юнайтед" делает скидку с тарифа в размере 50%.
The one-way fares are now discounted 15% off regular fares. — Стоимость проезда в один конец в настоящее время снижена на 15% по сравнению с обычными тарифами.
This interest rate is discounted from the published bank standard variable rate for an agreed period from the start of the mortgage. — Эта процентная ставка снижена по сравнению с опубликованной стандартной плавающей процентной ставкой банка на оговоренный период, считая от начала действия ипотечного кредита.
discounted mortgage — ипотека с дисконтом*, дисконтная ипотека*
discounted period — период скидки [скидок\]*, период действия скидки*
discounted price — цена со скидкой [с дисконтом\], дисконтная цена
See:discount period 1) б), discounted bond, discounted goods, discounted mortgage, discounted period, discounted price, discounter б), discountable 2) б), non-discountable, undiscounted 1) а), 1) б), discounting 3) б)2) фин., банк. учитыватьа) (приобретать векселя или счета-фактуры по цене ниже их номинала, т. е. с дисконтом, с целью последующего взыскания суммы долга с должника)to discount at the rate of 10% — учитывать по ставке 10%
In the same way, circumstances often forced discount houses themselves to discount fine trade bills at the rate for fine bank bills. — Точно также, обстоятельства часто вынуждают сами дисконтные дома учитывать первоклассные торговые векселя по ставке, установленной для первоклассных банковских векселей.
The Federal Reserve was given the right to discount “eligible paper” for member banks, that is lend money to the banks on the basis of the commercial paper arising from loan transactions with their customers. — Федеральной резервной системе было предоставлено право учитывать "приемлемые бумаги" для банков-членов, т. е. давать банкам деньги взаймы на базе коммерческих бумаг, возникающих в связи с кредитными операциями с их клиентами.
б) (продавать векселя или счета-фактуры по цене ниже их номинала специализированному финансовому учреждению)to discount the note at 10% — учитывать долговое обязательство под 10%
The company discounted the note at a bank at 10%. — Компания учла долговое обязательство в банке под 10%.
If the vendor receives a note, he may discount it at the bank. — Если торговец получает простой вексель, он может учесть его в банке.
to get a bill discounted — учесть вексель, произвести учет векселя
See:accounts receivable discounted, discounted bill, discounting 1), discountability, discountable 1), discounter 1) а), rediscount 2. 1) а)3) фин., банк. предоставлять дисконтный заем* (получать проценты вперед при даче денег взаймы, т. е. выдавать заемщику не полную оговоренную сумму кредита, а ее часть, оставшуюся после вычета определенного дисконта, и взамен сокращать или аннулировать процентную ставку на весь или часть срока кредита; употребляется всегда с дополнением в виде названия кредита)to discount the loan — предоставлять дисконтный заем, делать заем дисконтным
Negotiate the terms of the loan ( amount, interest rates) first and then lender discounts the loan by charging a fee which will be deducted from the loan amount before being dispersed to the borrower. — Договоритесь об условиях кредитования (сумма, процентные ставки) и потом кредитор сделает заем дисконтным путем взимания платы, которая будет вычтена из суммы займа перед выдачей заемщику.
See:4) фин. дисконтировать ( приводить будущие значения экономических показателей к текущей стоимости)to discount at a rate of 10% — дисконтировать по ставке 10%
Discount future cash flows to the present using the firm's cost of capital. — Приведите будущие денежные потоки к текущей стоимости, используя стоимость капитала фирмы.
To adjust for the time value of money, we discounted future costs to present value. — Чтобы осуществить корректировку на временную стоимость денег, мы привели будущие затраты к текущей стоимости.
We discount future cash flows by an interest rate that has been adjusted for risk. — Мы дисконтируем будущие денежные потоки, используя процентную ставку, скорректированную на риск.
The taxpayer must continue to discount the unpaid losses attributable to proportional reinsurance from pre-1988 accident years using the discount factors that were used in determining tax reserves for the 1987 tax year. — Налогоплательщик должен продолжать дисконтировать неоплаченные убытки, относящиеся к пропорциональному перестрахованию за годы убытка, предшествующие 1988 г., используя коэффициенты дисконтирования, которые применялись при определении налоговых резервов на 1987 налоговый год.
When comparing projects with different risk levels, it is best to discount each project's cash flows at its own discount rate and then compare the NPVs. — При сравнении проектов с разным уровнем риска, лучше всего произвести дисконтирование [продисконтировать\] денежные потоки каждого проекта по своей собственной ставке дисконтирования и затем сравнить чистую приведенную стоимость.
discounted cash flow — дисконтированный [приведенный\] денежный поток
discounted payback period — дисконтированный срок [период\] окупаемости
See:discounted cash flow, discounted game, discounted payback, discounted payback period, discounted present value, discounted value, present discounted value, discounting 2), discount rate 2), present value, discounted future earnings method, discounting 2), undiscounted 2)5) общ. не принимать в расчет, игнорировать, пропускать, опускать; относиться скептически, не принимать на веру, сомневаться в правдивостиto discount smb's opinion — игнорировать чье-л. мнение
They discount my opinion. — Они не принимают в расчет мое мнение.
We had already discounted the theory that they were involved. — Мы уже оставили идею об их причастности.
By stressing one factor, each theory discounts the others. — Выделяя один фактор, каждая теория оставляет без внимания остальные.
Democratic theory discounts the notion that allocation of scarce resources is the result of natural forces. — Демократическая теория игнорирует представление о том, что распределение редких ресурсов является результатом действия естественных сил.
Knowing his political bias they discounted most of his story. — Зная о его политических пристрастиях, они сомневались в правдивости большей части его истории.
Many people discount the value of statistical analysis. — Многие люди недооценивают статистический анализ.
6) бирж. учитывать* (обычно используется в биржевом контексте, указывая на то, что плохие или хорошие новости о компании-эмитенте, отдельной отрасли, экономике в целом либо ожидания получения таких новостей учитываются участниками рынка при определении курсов ценных бумаг, вызывая соответственно понижение или повышение курсов)Many traders don't realize the news they hear and read has, in many cases, already been discounted by the market. — Многие трейдеры не осознают, что новости, о которых они услышали или прочитали, уже были учтены рынком.
Technology stocks discounted a lot of bad news from abroad. — Акции технологических компаний отреагировали на обилие плохих новостей из-за границы.
The bear market ends when at least most of the bad news is finally discounted by the market. — "Медвежий" рынок заканчивается, когда, по крайней мере, большая часть из плохих новостей наконец учитывается рынком.
In the United States, the stock market double discounts expected inflation, first through long term bond yields and second through relative stock prices. — В Соединенных Штатах, фондовый рынок дважды учитывает ожидаемую инфляцию, во-первых, в доходности долгосрочных облигаций, а во-вторых, в ценах на соответствующие акции.
These stock prices are discounting anticipated massive increases in profits for the S&P 500 companies in the future. — Цены акций учитывают ожидаемый в будущем массовый рост прибылей компаний, включаемых в расчет индекса "Стандард энд Пурз 500".
Today’s prices are discounting all future events, not only today’s news. — Сегодняшние цены учитывают все будущие события, а не только сегодняшние новости.
See:
* * *
discount (Dis; Disct) 1) дисконт, скидка: разница между ценой эмиссии ценной бумаги или кредита (номиналом или ценой погашения) и ее текущей рыночной ценой или разница между наличным и срочным валютными курсами; 2) учет векселей: операция купли-продажи векселей по номиналу минус вознаграждение за оставшийся до погашения срок (напр., вексель с номиналом в 100 долл. продается за 90 долл.); 3) скидка с цены товара (или возврат, напр., в качестве вознаграждения за быстрый или наличный платеж); см. cash discount; 4) учет информации об определенном событии в движении цен, ставок, в т. ч. до его наступления; 5) соотношение между двумя валютами; напр., франк может продаваться со скидкой к фунту; 6) определить текущую стоимость актива, который имеет определенную стоимость на определенную дату в будущем.* * *вычет (процентов); дисконт; скидка; учет (векселя), учетный процент. Относится к цене продажи облигации. Цена ниже номинальной стоимости. См. также Premium (премия) . (1) The amount a price would be reduced to purchase a commodity of lesser grade; (2) sometimes used to refer to the price differences between futures of different delivery months, as in the phrase "July is trading at a discount to May," indicating that the price of the July future is lower than that of May; (3) applied to cash grain prices that are below the futures price. Словарь экономических терминов .* * *особое условие договора купли-продажи, определяющее размер снижения (уменьшения) исходной (базисной) цены сделки-----Финансы/Кредит/Валюта1. учет векселя2. процент, взимаемый банками при учете векселей3. скидка с цены валюты в валютных сделках -
15 Economy
Portugal's economy, under the influence of the European Economic Community (EEC), and later with the assistance of the European Union (EU), grew rapidly in 1985-86; through 1992, the average annual growth was 4-5 percent. While such growth rates did not last into the late 1990s, portions of Portugal's society achieved unprecedented prosperity, although poverty remained entrenched. It is important, however, to place this current growth, which includes some not altogether desirable developments, in historical perspective. On at least three occasions in this century, Portugal's economy has experienced severe dislocation and instability: during the turbulent First Republic (1911-25); during the Estado Novo, when the world Depression came into play (1930-39); and during the aftermath of the Revolution of 25 April, 1974. At other periods, and even during the Estado Novo, there were eras of relatively steady growth and development, despite the fact that Portugal's weak economy lagged behind industrialized Western Europe's economies, perhaps more than Prime Minister Antônio de Oliveira Salazar wished to admit to the public or to foreigners.For a number of reasons, Portugal's backward economy underwent considerable growth and development following the beginning of the colonial wars in Africa in early 1961. Recent research findings suggest that, contrary to the "stagnation thesis" that states that the Estado Novo economy during the last 14 years of its existence experienced little or no growth, there were important changes, policy shifts, structural evolution, and impressive growth rates. In fact, the average annual gross domestic product (GDP) growth rate (1961-74) was about 7 percent. The war in Africa was one significant factor in the post-1961 economic changes. The new costs of finance and spending on the military and police actions in the African and Asian empires in 1961 and thereafter forced changes in economic policy.Starting in 1963-64, the relatively closed economy was opened up to foreign investment, and Lisbon began to use deficit financing and more borrowing at home and abroad. Increased foreign investment, residence, and technical and military assistance also had effects on economic growth and development. Salazar's government moved toward greater trade and integration with various international bodies by signing agreements with the European Free Trade Association and several international finance groups. New multinational corporations began to operate in the country, along with foreign-based banks. Meanwhile, foreign tourism increased massively from the early 1960s on, and the tourism industry experienced unprecedented expansion. By 1973-74, Portugal received more than 8 million tourists annually for the first time.Under Prime Minister Marcello Caetano, other important economic changes occurred. High annual economic growth rates continued until the world energy crisis inflation and a recession hit Portugal in 1973. Caetano's system, through new development plans, modernized aspects of the agricultural, industrial, and service sectors and linked reform in education with plans for social change. It also introduced cadres of forward-looking technocrats at various levels. The general motto of Caetano's version of the Estado Novo was "Evolution with Continuity," but he was unable to solve the key problems, which were more political and social than economic. As the boom period went "bust" in 1973-74, and growth slowed greatly, it became clear that Caetano and his governing circle had no way out of the African wars and could find no easy compromise solution to the need to democratize Portugal's restive society. The economic background of the Revolution of 25 April 1974 was a severe energy shortage caused by the world energy crisis and Arab oil boycott, as well as high general inflation, increasing debts from the African wars, and a weakening currency. While the regime prescribed greater Portuguese investment in Africa, in fact Portuguese businesses were increasingly investing outside of the escudo area in Western Europe and the United States.During the two years of political and social turmoil following the Revolution of 25 April 1974, the economy weakened. Production, income, reserves, and annual growth fell drastically during 1974-76. Amidst labor-management conflict, there was a burst of strikes, and income and productivity plummeted. Ironically, one factor that cushioned the economic impact of the revolution was the significant gold reserve supply that the Estado Novo had accumulated, principally during Salazar's years. Another factor was emigration from Portugal and the former colonies in Africa, which to a degree reduced pressures for employment. The sudden infusion of more than 600,000 refugees from Africa did increase the unemployment rate, which in 1975 was 10-15 percent. But, by 1990, the unemployment rate was down to about 5-6 percent.After 1985, Portugal's economy experienced high growth rates again, which averaged 4-5 percent through 1992. Substantial economic assistance from the EEC and individual countries such as the United States, as well as the political stability and administrative continuity that derived from majority Social Democratic Party (PSD) governments starting in mid-1987, supported new growth and development in the EEC's second poorest country. With rapid infrastruc-tural change and some unregulated development, Portugal's leaders harbored a justifiable concern that a fragile environment and ecology were under new, unacceptable pressures. Among other improvements in the standard of living since 1974 was an increase in per capita income. By 1991, the average minimum monthly wage was about 40,000 escudos, and per capita income was about $5,000 per annum. By the end of the 20th century, despite continuing poverty at several levels in Portugal, Portugal's economy had made significant progress. In the space of 15 years, Portugal had halved the large gap in living standards between itself and the remainder of the EU. For example, when Portugal joined the EU in 1986, its GDP, in terms of purchasing power-parity, was only 53 percent of the EU average. By 2000, Portugal's GDP had reached 75 percent of the EU average, a considerable achievement. Whether Portugal could narrow this gap even further in a reasonable amount of time remained a sensitive question in Lisbon. Besides structural poverty and the fact that, in 2006, the EU largesse in structural funds (loans and grants) virtually ceased, a major challenge for Portugal's economy will be to reduce the size of the public sector (about 50 percent of GDP is in the central government) to increase productivity, attract outside investment, and diversify the economy. For Portugal's economic planners, the 21st century promises to be challenging. -
16 half
1. plural - halves; noun1) (one of two equal parts of anything: He tried to stick the two halves together again; half a kilo of sugar; a kilo and a half of sugar; one and a half kilos of sugar.) mitad2) (one of two equal parts of a game (eg in football, hockey) usually with a break between them: The Rangers scored three goals in the first half.) parte, mitad, tiempo
2. adjective1) (being (equal to) one of two equal parts (of something): a half bottle of wine.) medio2) (being made up of two things in equal parts: A centaur is a mythical creature, half man and half horse.) mitad, medio3) (not full or complete: a half smile.) medio
3. adverb1) (to the extent of one half: This cup is only half full; It's half empty.) medio2) (almost; partly: I'm half hoping he won't come; half dead from hunger.) medio, casi•- half-- halve
- half-and-half
- half-back
- half-brother
- half-sister
- half-caste
- half-hearted
- half-heartedly
- half-heartedness
- half-holiday
- half-hourly
- half-term
- half-time
- half-way
- half-wit
- half-witted
- half-yearly
- at half mast
- by half
- do things by halves
- go halves with
- half past three
- four
- seven
- in half
- not half
half1 adj mediohalf2 adv mediohalf3 n1. mitad / medio2. tiempohalf4 pron mitadthat's too much; I can only eat half eso es demasiado; sólo puedo comer la mitadtr[hɑːf]1 mitad nombre femenino3 (beer) media pinta1 medio,-a■ children usually pay half fare on public transport normalmente los niños pagan media tarifa en los transportes públicos1 medio, a medias\SMALLIDIOMATIC EXPRESSION/SMALLand a half familiar muy bueno,-a■ that was a meal and a half ¡vaya comida que nos hemos pegado!in half por la mitad■ it isn't half cold today! ¡vaya frío que hace hoy!■ do you fancy a beer? --not half! ¿te apetece una cerveza? --¡y tanto!to do things by halves hacer las cosas a mediasto go halves on pagar a mediasfirst half primer tiempohalf measures medias tintas nombre femenino pluralhalf ['hæf, 'haf] adv: medio, a mediashalf cooked: medio cocidohalf adj: medio, a mediasa half hour: una media horaa half truth: una verdad a medias1) : mitad fhalf of my friends: la mitad de mis amigosin half: por la mitad2) : tiempo m (en deportes)adj.• a medias adj.• medio, -a adj.• mitad adj.adv.• medio adv.n.(§ pl.: halves) = medio s.m.• mitad s.f.• tiempo s.m.
I hæf, hɑːf1)a) ( part) mitad fto break/divide something in half — romper*/dividir algo por la mitad or en dos
not to do things by halves — (colloq) no hacer* las cosas a medias
to go halves — (colloq) pagar* a medias
my/his better/other half — (colloq & hum) mi/su media naranja
too... by half — (BrE colloq)
b) ( Math) medio mc) ( elliptical use)... and a half! — (colloq)
2) ( Sport)a) ( period) tiempo mthe first/second half — el primer/segundo tiempo
b) ( of pitch) campo mc) ( interval) (AmE) descanso m, medio tiempo m (AmL)3) ( of beer) (BrE) (colloq) media pinta f ( de cerveza)4) ( fare) (BrE)
II
pronoun la mitadthe half of it — (colloq)
III
adjective medio, -diashe isn't half the player/singer she used to be — (colloq) no es ni con mucho la jugadora/cantante que era
IV
adverb medioshe was half asleep — estaba medio dormida or semidormida
she is half Italian, half Greek — es hija de italianos y griegos
the movie isn't half as good as the book — (colloq) la película no es ni la mitad de buena que el libro
not half — (BrE colloq) (as intensifier)
[hɑːf] (pl halves)do you like it? - not half! — ¿te gusta? - no me gusta, me encanta
1. N1) (gen) mitad fhalf a cup — media taza f
half a day — medio día m
we have a problem and a half * — tenemos un problema mayúsculo, vaya problemazo que tenemos
•
one's better half * — hum su media naranja *•
by half, better by half — con mucho el mejor•
to go halves (with sb) (on sth) — ir a medias (con algn) (en algo)•
to cut/break sth in half — cortar/partir algo por la mitad•
half a moment! * —•
half a second! * — ¡un momento!•
one's other half * — hum su media naranja *•
she's asleep half the time — iro se pasa la mitad del tiempo dormidaSee:AVERAGE, HALF in average2) (Sport) [of match] tiempo m ; (=player) medio mfirst/second half — primer/segundo tiempo m
3) (Brit) [of beer] media pinta f4) (=child's ticket) billete m de niñoone and two halves, please — un billete normal y dos para niños, por favor
2.ADJ [bottle, quantity] medio•
a half- point cut in interest rates — una reducción de medio punto en los tipos de interéshalfback, half-brother, half-sister•
I have a half share in the flat — la mitad del piso es mío or de mi propiedad3. ADV1) (gen) medio, a medias•
I was half afraid that... — medio temía que...•
half as, half as much — la mitadit wasn't half as bad as I had thought * — [interview, trip to the dentist] no lo pasé ni con mucho or ni de lejos tan mal como había imaginado
•
half laughing, half crying — medio riendo, medio llorando•
I only half read it — lo leí solo a mediashalf-baked•
I was only half serious when I said that — aquello solo lo dije medio en broma2) (time)3) (with neg)(Brit) *not half! — ¡y cómo!, ¡ya lo creo!
he didn't half run — corrió muchísimo, corrió como un bólido
it didn't half rain! — ¡había que ver cómo llovía!
it wasn't half dear — nos costó un riñón, fue carísimo
4.CPDhalf fare N — medio pasaje m (as adv)
half note N — (US) (Mus) blanca f
* * *
I [hæf, hɑːf]1)a) ( part) mitad fto break/divide something in half — romper*/dividir algo por la mitad or en dos
not to do things by halves — (colloq) no hacer* las cosas a medias
to go halves — (colloq) pagar* a medias
my/his better/other half — (colloq & hum) mi/su media naranja
too... by half — (BrE colloq)
b) ( Math) medio mc) ( elliptical use)... and a half! — (colloq)
2) ( Sport)a) ( period) tiempo mthe first/second half — el primer/segundo tiempo
b) ( of pitch) campo mc) ( interval) (AmE) descanso m, medio tiempo m (AmL)3) ( of beer) (BrE) (colloq) media pinta f ( de cerveza)4) ( fare) (BrE)
II
pronoun la mitadthe half of it — (colloq)
III
adjective medio, -diashe isn't half the player/singer she used to be — (colloq) no es ni con mucho la jugadora/cantante que era
IV
adverb medioshe was half asleep — estaba medio dormida or semidormida
she is half Italian, half Greek — es hija de italianos y griegos
the movie isn't half as good as the book — (colloq) la película no es ni la mitad de buena que el libro
not half — (BrE colloq) (as intensifier)
do you like it? - not half! — ¿te gusta? - no me gusta, me encanta
-
17 near cash
!гос. фин. The resource budget contains a separate control total for “near cash” expenditure, that is expenditure such as pay and current grants which impacts directly on the measure of the golden rule.This paper provides background information on the framework for the planning and control of public expenditure in the UK which has been operated since the 1998 Comprehensive Spending Review (CSR). It sets out the different classifications of spending for budgeting purposes and why these distinctions have been adopted. It discusses how the public expenditure framework is designed to ensure both sound public finances and an outcome-focused approach to public expenditure.The UK's public spending framework is based on several key principles:"consistency with a long-term, prudent and transparent regime for managing the public finances as a whole;" "the judgement of success by policy outcomes rather than resource inputs;" "strong incentives for departments and their partners in service delivery to plan over several years and plan together where appropriate so as to deliver better public services with greater cost effectiveness; and"the proper costing and management of capital assets to provide the right incentives for public investment.The Government sets policy to meet two firm fiscal rules:"the Golden Rule states that over the economic cycle, the Government will borrow only to invest and not to fund current spending; and"the Sustainable Investment Rule states that net public debt as a proportion of GDP will be held over the economic cycle at a stable and prudent level. Other things being equal, net debt will be maintained below 40 per cent of GDP over the economic cycle.Achievement of the fiscal rules is assessed by reference to the national accounts, which are produced by the Office for National Statistics, acting as an independent agency. The Government sets its spending envelope to comply with these fiscal rules.Departmental Expenditure Limits ( DEL) and Annually Managed Expenditure (AME)"Departmental Expenditure Limit ( DEL) spending, which is planned and controlled on a three year basis in Spending Reviews; and"Annually Managed Expenditure ( AME), which is expenditure which cannot reasonably be subject to firm, multi-year limits in the same way as DEL. AME includes social security benefits, local authority self-financed expenditure, debt interest, and payments to EU institutions.More information about DEL and AME is set out below.In Spending Reviews, firm DEL plans are set for departments for three years. To ensure consistency with the Government's fiscal rules departments are set separate resource (current) and capital budgets. The resource budget contains a separate control total for “near cash” expenditure, that is expenditure such as pay and current grants which impacts directly on the measure of the golden rule.To encourage departments to plan over the medium term departments may carry forward unspent DEL provision from one year into the next and, subject to the normal tests for tautness and realism of plans, may be drawn down in future years. This end-year flexibility also removes any incentive for departments to use up their provision as the year end approaches with less regard to value for money. For the full benefits of this flexibility and of three year plans to feed through into improved public service delivery, end-year flexibility and three year budgets should be cascaded from departments to executive agencies and other budget holders.Three year budgets and end-year flexibility give those managing public services the stability to plan their operations on a sensible time scale. Further, the system means that departments cannot seek to bid up funds each year (before 1997, three year plans were set and reviewed in annual Public Expenditure Surveys). So the credibility of medium-term plans has been enhanced at both central and departmental level.Departments have certainty over the budgetary allocation over the medium term and these multi-year DEL plans are strictly enforced. Departments are expected to prioritise competing pressures and fund these within their overall annual limits, as set in Spending Reviews. So the DEL system provides a strong incentive to control costs and maximise value for money.There is a small centrally held DEL Reserve. Support from the Reserve is available only for genuinely unforeseeable contingencies which departments cannot be expected to manage within their DEL.AME typically consists of programmes which are large, volatile and demand-led, and which therefore cannot reasonably be subject to firm multi-year limits. The biggest single element is social security spending. Other items include tax credits, Local Authority Self Financed Expenditure, Scottish Executive spending financed by non-domestic rates, and spending financed from the proceeds of the National Lottery.AME is reviewed twice a year as part of the Budget and Pre-Budget Report process reflecting the close integration of the tax and benefit system, which was enhanced by the introduction of tax credits.AME is not subject to the same three year expenditure limits as DEL, but is still part of the overall envelope for public expenditure. Affordability is taken into account when policy decisions affecting AME are made. The Government has committed itself not to take policy measures which are likely to have the effect of increasing social security or other elements of AME without taking steps to ensure that the effects of those decisions can be accommodated prudently within the Government's fiscal rules.Given an overall envelope for public spending, forecasts of AME affect the level of resources available for DEL spending. Cautious estimates and the AME margin are built in to these AME forecasts and reduce the risk of overspending on AME.Together, DEL plus AME sum to Total Managed Expenditure (TME). TME is a measure drawn from national accounts. It represents the current and capital spending of the public sector. The public sector is made up of central government, local government and public corporations.Resource and Capital Budgets are set in terms of accruals information. Accruals information measures resources as they are consumed rather than when the cash is paid. So for example the Resource Budget includes a charge for depreciation, a measure of the consumption or wearing out of capital assets."Non cash charges in budgets do not impact directly on the fiscal framework. That may be because the national accounts use a different way of measuring the same thing, for example in the case of the depreciation of departmental assets. Or it may be that the national accounts measure something different: for example, resource budgets include a cost of capital charge reflecting the opportunity cost of holding capital; the national accounts include debt interest."Within the Resource Budget DEL, departments have separate controls on:"Near cash spending, the sub set of Resource Budgets which impacts directly on the Golden Rule; and"The amount of their Resource Budget DEL that departments may spend on running themselves (e.g. paying most civil servants’ salaries) is limited by Administration Budgets, which are set in Spending Reviews. Administration Budgets are used to ensure that as much money as practicable is available for front line services and programmes. These budgets also help to drive efficiency improvements in departments’ own activities. Administration Budgets exclude the costs of frontline services delivered directly by departments.The Budget preceding a Spending Review sets an overall envelope for public spending that is consistent with the fiscal rules for the period covered by the Spending Review. In the Spending Review, the Budget AME forecast for year one of the Spending Review period is updated, and AME forecasts are made for the later years of the Spending Review period.The 1998 Comprehensive Spending Review ( CSR), which was published in July 1998, was a comprehensive review of departmental aims and objectives alongside a zero-based analysis of each spending programme to determine the best way of delivering the Government's objectives. The 1998 CSR allocated substantial additional resources to the Government's key priorities, particularly education and health, for the three year period from 1999-2000 to 2001-02.Delivering better public services does not just depend on how much money the Government spends, but also on how well it spends it. Therefore the 1998 CSR introduced Public Service Agreements (PSAs). Each major government department was given its own PSA setting out clear targets for achievements in terms of public service improvements.The 1998 CSR also introduced the DEL/ AME framework for the control of public spending, and made other framework changes. Building on the investment and reforms delivered by the 1998 CSR, successive spending reviews in 2000, 2002 and 2004 have:"provided significant increase in resources for the Government’s priorities, in particular health and education, and cross-cutting themes such as raising productivity; extending opportunity; and building strong and secure communities;" "enabled the Government significantly to increase investment in public assets and address the legacy of under investment from past decades. Departmental Investment Strategies were introduced in SR2000. As a result there has been a steady increase in public sector net investment from less than ¾ of a per cent of GDP in 1997-98 to 2¼ per cent of GDP in 2005-06, providing better infrastructure across public services;" "introduced further refinements to the performance management framework. PSA targets have been reduced in number over successive spending reviews from around 300 to 110 to give greater focus to the Government’s highest priorities. The targets have become increasingly outcome-focused to deliver further improvements in key areas of public service delivery across Government. They have also been refined in line with the conclusions of the Devolving Decision Making Review to provide a framework which encourages greater devolution and local flexibility. Technical Notes were introduced in SR2000 explaining how performance against each PSA target will be measured; and"not only allocated near cash spending to departments, but also – since SR2002 - set Resource DEL plans for non cash spending.To identify what further investments and reforms are needed to equip the UK for the global challenges of the decade ahead, on 19 July 2005 the Chief Secretary to the Treasury announced that the Government intends to launch a second Comprehensive Spending Review (CSR) reporting in 2007.A decade on from the first CSR, the 2007 CSR will represent a long-term and fundamental review of government expenditure. It will cover departmental allocations for 2008-09, 2009-10 and 2010 11. Allocations for 2007-08 will be held to the agreed figures already announced by the 2004 Spending Review. To provide a rigorous analytical framework for these departmental allocations, the Government will be taking forward a programme of preparatory work over 2006 involving:"an assessment of what the sustained increases in spending and reforms to public service delivery have achieved since the first CSR. The assessment will inform the setting of new objectives for the decade ahead;" "an examination of the key long-term trends and challenges that will shape the next decade – including demographic and socio-economic change, globalisation, climate and environmental change, global insecurity and technological change – together with an assessment of how public services will need to respond;" "to release the resources needed to address these challenges, and to continue to secure maximum value for money from public spending over the CSR period, a set of zero-based reviews of departments’ baseline expenditure to assess its effectiveness in delivering the Government’s long-term objectives; together with"further development of the efficiency programme, building on the cross cutting areas identified in the Gershon Review, to embed and extend ongoing efficiency savings into departmental expenditure planning.The 2007 CSR also offers the opportunity to continue to refine the PSA framework so that it drives effective delivery and the attainment of ambitious national standards.Public Service Agreements (PSAs) were introduced in the 1998 CSR. They set out agreed targets detailing the outputs and outcomes departments are expected to deliver with the resources allocated to them. The new spending regime places a strong emphasis on outcome targets, for example in providing for better health and higher educational standards or service standards. The introduction in SR2004 of PSA ‘standards’ will ensure that high standards in priority areas are maintained.The Government monitors progress against PSA targets, and departments report in detail twice a year in their annual Departmental Reports (published in spring) and in their autumn performance reports. These reports provide Parliament and the public with regular updates on departments’ performance against their targets.Technical Notes explain how performance against each PSA target will be measured.To make the most of both new investment and existing assets, there needs to be a coherent long term strategy against which investment decisions are taken. Departmental Investment Strategies (DIS) set out each department's plans to deliver the scale and quality of capital stock needed to underpin its objectives. The DIS includes information about the department's existing capital stock and future plans for that stock, as well as plans for new investment. It also sets out the systems that the department has in place to ensure that it delivers its capital programmes effectively.This document was updated on 19 December 2005.Near-cash resource expenditure that has a related cash implication, even though the timing of the cash payment may be slightly different. For example, expenditure on gas or electricity supply is incurred as the fuel is used, though the cash payment might be made in arrears on aquarterly basis. Other examples of near-cash expenditure are: pay, rental.Net cash requirement the upper limit agreed by Parliament on the cash which a department may draw from theConsolidated Fund to finance the expenditure within the ambit of its Request forResources. It is equal to the agreed amount of net resources and net capital less non-cashitems and working capital.Non-cash cost costs where there is no cash transaction but which are included in a body’s accounts (or taken into account in charging for a service) to establish the true cost of all the resourcesused.Non-departmental a body which has a role in the processes of government, but is not a government public body, NDPBdepartment or part of one. NDPBs accordingly operate at arm’s length from governmentMinisters.Notional cost of a cost which is taken into account in setting fees and charges to improve comparability with insuranceprivate sector service providers.The charge takes account of the fact that public bodies donot generally pay an insurance premium to a commercial insurer.the independent body responsible for collecting and publishing official statistics about theUK’s society and economy. (At the time of going to print legislation was progressing tochange this body to the Statistics Board).Office of Government an office of the Treasury, with a status similar to that of an agency, which aims to maximise Commerce, OGCthe government’s purchasing power for routine items and combine professional expertiseto bear on capital projects.Office of the the government department responsible for discharging the Paymaster General’s statutoryPaymaster General,responsibilities to hold accounts and make payments for government departments and OPGother public bodies.Orange bookthe informal title for Management of Risks: Principles and Concepts, which is published by theTreasury for the guidance of public sector bodies.Office for NationalStatistics, ONS60Managing Public Money————————————————————————————————————————"GLOSSARYOverdraftan account with a negative balance.Parliament’s formal agreement to authorise an activity or expenditure.Prerogative powerspowers exercisable under the Royal Prerogative, ie powers which are unique to the Crown,as contrasted with common-law powers which may be available to the Crown on the samebasis as to natural persons.Primary legislationActs which have been passed by the Westminster Parliament and, where they haveappropriate powers, the Scottish Parliament and the Northern Ireland Assembly. Begin asBills until they have received Royal Assent.arrangements under which a public sector organisation contracts with a private sectorentity to construct a facility and provide associated services of a specified quality over asustained period. See annex 7.5.Proprietythe principle that patterns of resource consumption should respect Parliament’s intentions,conventions and control procedures, including any laid down by the PAC. See box 2.4.Public Accountssee Committee of Public Accounts.CommitteePublic corporationa trading body controlled by central government, local authority or other publiccorporation that has substantial day to day operating independence. See section 7.8.Public Dividend finance provided by government to public sector bodies as an equity stake; an alternative to Capital, PDCloan finance.Public Service sets out what the public can expect the government to deliver with its resources. EveryAgreement, PSAlarge government department has PSA(s) which specify deliverables as targets or aimsrelated to objectives.a structured arrangement between a public sector and a private sector organisation tosecure an outcome delivering good value for money for the public sector. It is classified tothe public or private sector according to which has more control.Rate of returnthe financial remuneration delivered by a particular project or enterprise, expressed as apercentage of the net assets employed.Regularitythe principle that resource consumption should accord with the relevant legislation, therelevant delegated authority and this document. See box 2.4.Request for the functional level into which departmental Estimates may be split. RfRs contain a number Resources, RfRof functions being carried out by the department in pursuit of one or more of thatdepartment’s objectives.Resource accountan accruals account produced in line with the Financial Reporting Manual (FReM).Resource accountingthe system under which budgets, Estimates and accounts are constructed in a similar wayto commercial audited accounts, so that both plans and records of expenditure allow in fullfor the goods and services which are to be, or have been, consumed – ie not just the cashexpended.Resource budgetthe means by which the government plans and controls the expenditure of resources tomeet its objectives.Restitutiona legal concept which allows money and property to be returned to its rightful owner. Ittypically operates where another person can be said to have been unjustly enriched byreceiving such monies.Return on capital the ratio of profit to capital employed of an accounting entity during an identified period.employed, ROCEVarious measures of profit and of capital employed may be used in calculating the ratio.Public Privatepartnership, PPPPrivate Finance Initiative, PFIParliamentaryauthority61Managing Public Money"————————————————————————————————————————GLOSSARYRoyal charterthe document setting out the powers and constitution of a corporation established underprerogative power of the monarch acting on Privy Council advice.Second readingthe second formal time that a House of Parliament may debate a bill, although in practicethe first substantive debate on its content. If successful, it is deemed to denoteParliamentary approval of the principle of the proposed legislation.Secondary legislationlaws, including orders and regulations, which are made using powers in primary legislation.Normally used to set out technical and administrative provision in greater detail thanprimary legislation, they are subject to a less intense level of scrutiny in Parliament.European legislation is,however,often implemented in secondary legislation using powers inthe European Communities Act 1972.Service-level agreement between parties, setting out in detail the level of service to be performed.agreementWhere agreements are between central government bodies, they are not legally a contractbut have a similar function.Shareholder Executive a body created to improve the government’s performance as a shareholder in businesses.Spending reviewsets out the key improvements in public services that the public can expect over a givenperiod. It includes a thorough review of departmental aims and objectives to find the bestway of delivering the government’s objectives, and sets out the spending plans for the givenperiod.State aidstate support for a domestic body or company which could distort EU competition and sois not usually allowed. See annex 4.9.Statement of Excessa formal statement detailing departments’ overspends prepared by the Comptroller andAuditor General as a result of undertaking annual audits.Statement on Internal an annual statement that Accounting Officers are required to make as part of the accounts Control, SICon a range of risk and control issues.Subheadindividual elements of departmental expenditure identifiable in Estimates as single cells, forexample cell A1 being administration costs within a particular line of departmental spending.Supplyresources voted by Parliament in response to Estimates, for expenditure by governmentdepartments.Supply Estimatesa statement of the resources the government needs in the coming financial year, and forwhat purpose(s), by which Parliamentary authority is sought for the planned level ofexpenditure and income.Target rate of returnthe rate of return required of a project or enterprise over a given period, usually at least a year.Third sectorprivate sector bodies which do not act commercially,including charities,social and voluntaryorganisations and other not-for-profit collectives. See annex 7.7.Total Managed a Treasury budgeting term which covers all current and capital spending carried out by the Expenditure,TMEpublic sector (ie not just by central departments).Trading fundan organisation (either within a government department or forming one) which is largely orwholly financed from commercial revenue generated by its activities. Its Estimate shows itsnet impact, allowing its income from receipts to be devoted entirely to its business.Treasury Minutea formal administrative document drawn up by the Treasury, which may serve a wide varietyof purposes including seeking Parliamentary approval for the use of receipts asappropriations in aid, a remission of some or all of the principal of voted loans, andresponding on behalf of the government to reports by the Public Accounts Committee(PAC).62Managing Public Money————————————————————————————————————————GLOSSARY63Managing Public MoneyValue for moneythe process under which organisation’s procurement, projects and processes aresystematically evaluated and assessed to provide confidence about suitability, effectiveness,prudence,quality,value and avoidance of error and other waste,judged for the public sectoras a whole.Virementthe process through which funds are moved between subheads such that additionalexpenditure on one is met by savings on one or more others.Votethe process by which Parliament approves funds in response to supply Estimates.Voted expenditureprovision for expenditure that has been authorised by Parliament. Parliament ‘votes’authority for public expenditure through the Supply Estimates process. Most expenditureby central government departments is authorised in this way.Wider market activity activities undertaken by central government organisations outside their statutory duties,using spare capacity and aimed at generating a commercial profit. See annex 7.6.Windfallmonies received by a department which were not anticipated in the spending review.———————————————————————————————————————— -
18 set
set [set]jeu ⇒ 1 (a) série ⇒ 1 (a) ensemble ⇒ 1 (a), 1 (c) cercle ⇒ 1 (b) appareil ⇒ 1 (d) poste ⇒ 1 (d) set ⇒ 1 (e) fixe ⇒ 2 (a) arrêté ⇒ 2 (b) figé ⇒ 2 (b) résolu ⇒ 2 (c) prêt ⇒ 2 (d) mettre ⇒ 3 (a), 3 (c), 3 (d) poser ⇒ 3 (a), 3 (c), 3 (e), 3 (i) situer ⇒ 3 (b) régler ⇒ 3 (c) fixer ⇒ 3 (f), 3 (i) établir ⇒ 3 (f) faire prendre ⇒ 3 (h) se coucher ⇒ 4 (a) prendre ⇒ 4 (b)1 noun(a) (of tools, keys, golf clubs, sails) jeu m; (of numbers, names, instructions, stamps, weights) série f; (of books) collection f; (of furniture) ensemble m; (of cutlery, dishes, glasses) service m; (of lingerie) parure f; (of wheels) train m; (of facts, conditions, characteristics, data) ensemble m; (of events, decisions, questions) série f, suite f; Typography (of proofs, characters) jeu m; Computing (of characters, instructions) jeu m, ensemble m;∎ a set of matching luggage un ensemble de valises assorties;∎ a set of table/bed linen une parure de table/de lit;∎ a set of sheets une parure de lit;∎ badminton/chess set jeu m de badminton/d'échecs;∎ they're playing with Damian's train set ils jouent avec le train électrique de Damian;∎ the cups/the chairs are sold in sets of six les tasses/les chaises sont vendues par six;∎ I can't break up the set je ne peux pas les dépareiller;∎ they make a set ils vont ensemble;∎ to collect the (whole) set rassembler toute la collection, faire la collection;∎ he made me a duplicate set (of keys) il m'a fait un double des clés; (of contact lenses) il m'en a fait une autre paire;∎ a full set of the encyclopedia une encyclopédie complète;∎ a full set of Tolstoy's works les œuvres complètes de Tolstoï;∎ they've detected two sets of fingerprints ils ont relevé deux séries d'empreintes digitales ou les empreintes digitales de deux personnes;∎ given another set of circumstances, things might have turned out differently dans d'autres circonstances, les choses auraient pu se passer différemment;∎ the first set of reforms la première série ou le premier train de réformes;∎ they ran a whole set of tests on me ils m'ont fait subir toute une série d'examens(b) (social group) cercle m, milieu m;∎ he's not in our set il n'appartient pas à notre cercle;∎ we don't go around in the same set nous ne fréquentons pas le même milieu ou monde;∎ the riding/yachting set le monde ou milieu de l'équitation/du yachting;∎ the literary set les milieux mpl littéraires;∎ the Markham set Markham et ses amis(c) Mathematics ensemble m∎ a colour TV set un poste de télévision ou un téléviseur couleur∎ first set to Miss Williams set Williams∎ on (the) set Cinema & Television sur le plateau; Theatre sur scène(g) (part of performance → by singer, group)∎ he'll be playing two sets tonight il va jouer à deux reprises ce soir;∎ her second set was livelier la deuxième partie de son spectacle a été plus animée(i) (for hair) mise f en plis;∎ to have a set se faire faire une mise en plis∎ I could tell he was angry by the set of his jaw rien qu'à la façon dont il serrait les mâchoires, j'ai compris qu'il était en colère(k) (direction → of wind, current) direction f;∎ suddenly the set of the wind changed le vent a tourné soudainement∎ tomato/tulip sets tomates fpl/tulipes fpl à repiquer(n) (clutch of eggs) couvée f(q) (of badger) terrier m(a) (specified, prescribed → rule, price, quantity, sum, wage) fixe;∎ meals are at set times les repas sont servis à heures fixes;∎ there are no set rules for raising children il n'y a pas de règles toutes faites pour l'éducation des enfants;∎ the tasks must be done in the set order les tâches doivent être accomplies dans l'ordre prescrit;∎ with no set purpose sans but précis∎ her day followed a set routine sa journée se déroulait selon un rituel immuable;∎ he has a set way of doing it il a sa méthode pour le faire;∎ to be set in one's ways avoir ses (petites) habitudes;∎ to become set in one's views devenir rigide dans ses opinions(c) (intent, resolute) résolu, déterminé;∎ to be set on or upon sth vouloir qch à tout prix;∎ I'm (dead) set on finishing it tonight je suis (absolument) déterminé à le finir ce soir;∎ he's dead set against it il s'y oppose formellement(d) (ready, in position) prêt;∎ are you (all) set to go? êtes-vous prêt à partir?∎ he seems well set to win il semble être sur la bonne voie ou être bien parti pour gagner;∎ house prices are set to rise steeply les prix de l'immobilier vont vraisemblablement monter en flèche∎ one of our set books is 'Oliver Twist' un des ouvrages au programme est 'Oliver Twist'(a) (put in specified place or position) mettre, poser;∎ he set his cases down on the platform il posa ses valises sur le quai;∎ she set the steaming bowl before him elle plaça le bol fumant devant lui;∎ to set a proposal before the board présenter un projet au conseil d'administration;∎ to set sb on his/her feet again remettre qn sur pied;∎ to set a match to sth mettre le feu à qch;∎ to set sb ashore débarquer qn(b) (usu passive) (locate, situate → building, story) situer;∎ the house is set in large grounds la maison est située dans un grand parc;∎ his eyes are set too close together ses yeux sont trop rapprochés;∎ the story is set in Tokyo l'histoire se passe ou se déroule à Tokyo;∎ her novels are set in the 18th century ses romans se passent au XVIIIème siècle∎ I set my watch to New York time j'ai réglé ma montre à l'heure de New York;∎ set your watches an hour ahead avancez vos montres d'une heure;∎ he's so punctual you can set your watch by him! il est si ponctuel qu'on peut régler sa montre sur lui!;∎ I've set the alarm for six j'ai mis le réveil à (sonner pour) six heures;∎ how do I set the margins? comment est-ce que je fais pour placer les marges?;∎ set the timer for one hour mettez le minuteur sur une heure;∎ first set the control knob to the desired temperature mettez tout d'abord le bouton de réglage sur la température voulue;∎ the lever was set in the off position le levier était sur "arrêt"∎ the handles are set into the drawers les poignées sont encastrées dans les tiroirs;∎ there was a peephole set in the door il y avait un judas dans la porte;∎ to set a stake in the ground enfoncer ou planter un pieu dans la terre;∎ metal bars had been set in the concrete des barres en métal avaient été fixées dans le béton;∎ the brooch was set with pearls la broche était sertie de perles;∎ the ruby was set in a simple ring le rubis était monté sur un simple anneau;∎ Medicine to set a bone réduire une fracture;∎ figurative his face was set in a frown son visage était figé dans une grimace renfrognée;∎ she set her jaw and refused to budge elle serra les dents et refusa de bouger;∎ we had set ourselves to resist nous étions déterminés à résister(e) (lay, prepare in advance → trap) poser, tendre;∎ to set the table mettre le couvert ou la table;∎ to set the table for two mettre deux couverts;∎ set an extra place at table rajoutez un couvert(f) (establish → date, price, schedule, terms) fixer, déterminer; (→ rule, guideline, objective, target) établir; (→ mood, precedent) créer;∎ they still haven't set a date for the party ils n'ont toujours pas fixé de date pour la réception;∎ you've set yourself a tough deadline or a tough deadline for yourself vous vous êtes fixé un délai très court;∎ it's up to them to set their own production targets c'est à eux d'établir ou de fixer leurs propres objectifs de production;∎ a deficit ceiling has been set un plafonnement du déficit a été imposé ou fixé ou décidé;∎ to set a value on sth décider de la valeur de qch;∎ figurative they set a high value on creativity ils accordent une grande valeur à la créativité;∎ the price was set at £500 le prix a été fixé à 500 livres;∎ the judge set bail at $1,000 le juge a fixé la caution à 1000 dollars;∎ how are exchange rates set? comment les taux de change sont-ils déterminés?;∎ to set an age limit at… fixer une limite d'âge à…;∎ to set a new fashion or trend lancer une nouvelle mode;∎ to set a new world record établir un nouveau record mondial;∎ to set the tone for or of sth donner le ton de qch∎ to set sth alight or on fire mettre le feu à qch;∎ it sets my nerves on edge ça me crispe;∎ also figurative she set me in the right direction elle m'a mis sur la bonne voie;∎ to set sb against sb monter qn contre qn;∎ he/the incident set the taxman on my trail il/l'incident a mis le fisc sur ma piste;∎ to set the dogs on sb lâcher les chiens sur qn;∎ the incident set the family against him l'incident a monté la famille contre lui;∎ it will set the country on the road to economic recovery cela va mettre le pays sur la voie de la reprise économique;∎ his failure set him thinking son échec lui a donné à réfléchir;∎ the scandal will set the whole town talking le scandale va faire jaser toute la ville;∎ to set the dog barking faire aboyer le chien;∎ the wind set the leaves dancing le vent a fait frissonner les feuilles;∎ to set a machine going mettre une machine en marche(h) (solidify → yoghurt, jelly, concrete) faire prendre;∎ pectin will help to set the jam la pectine aidera à épaissir la confiture∎ the strikers' demands set the management a difficult problem les exigences des grévistes posent un problème difficile à la direction;∎ I set them to work tidying the garden je les ai mis au désherbage du jardin;∎ I've set myself the task of writing to them regularly je me suis fixé la tâche de leur écrire régulièrement∎ she set the class a maths exercise, she set a maths exercise for the class elle a donné un exercice de maths à la classe;∎ who sets the test questions? qui choisit les questions de l'épreuve?∎ to set sb's hair faire une mise en plis à qn;∎ and I've just had my hair set! et je viens de me faire faire une mise en plis!;∎ I set my own hair je me fais moi-même mes mises en plis∎ to set type composer∎ to set sth to music mettre qch en musique(a) (sun, moon, stars) se coucher;∎ we saw the sun setting nous avons vu le coucher du soleil(b) (become firm → glue, cement, plaster, jelly, yoghurt) prendre;∎ her features had set in an expression of determination ses traits s'étaient durcis en une expression de très forte détermination∎ he set to work il s'est mis au travail(e) (plant, tree) prendre racine(g) (wind, tide)∎ the wind looks set fair to the east on dirait un vent d'ouest►► Theatre, Cinema & Television set designer décorateur(trice) m,f;Grammar set expression expression f figée;set figures (in skating) figures fpl imposées;set meal, set menu meal menu m;Grammar set phrase expression f figée;(b) (fireworks) pièce f (de feu) d'artifice(c) (of scenery) élément m de décorSport set point (in tennis) balle f de set;Technology set screw vis f de réglage;Sport set scrum (in rugby) mêlée f fermée;set square équerre f (à dessiner);set task tâche f assignée;∎ to give sb a set task to do assigner à qn une tâche bien précise;Mathematics set theory théorie f des ensembles(a) (start → task) se mettre à;∎ she set about changing the tyre elle s'est mise à changer le pneu;∎ I didn't know how to set about it je ne savais pas comment m'y prendre;∎ how does one set about getting a visa? comment fait-on pour obtenir un visa?∎ he set about the mugger with his umbrella il s'en est pris à son agresseur à coups de parapluie∎ to set sth against sth comparer qch à qch;∎ to set the benefits against the costs évaluer les bénéfices par rapport aux coûts;∎ we must set the government's promises against its achievements nous devons examiner les promesses du gouvernement à la lumière de ses actions∎ some of these expenses can be set against tax certaines de ces dépenses peuvent être déduites des impôts(c) (friends, family) monter contre;∎ religious differences have set family against family les différences religieuses ont monté les familles les unes contre les autres;∎ to set oneself or one's face against sth s'opposer résolument à qch∎ to set the clock ahead avancer l'horloge;∎ we're setting the clocks ahead tonight on change d'heure cette nuit(a) (place separately → object) mettre à part ou de côté;∎ there was one deck chair set slightly apart from the others il y avait une chaise longue un peu à l'écart des autres;∎ they set themselves apart ils faisaient bande à part∎ her talent sets her apart from the other students son talent la distingue des autres étudiants(a) (put down → knitting, book) poser;∎ could you set aside what you're working on for a while? pouvez-vous laisser ce que vous êtes en train de faire un moment?(b) (reserve, keep → time, place) réserver; (→ money) mettre de côté; (→ arable land) mettre en friche;∎ I've set tomorrow aside for house hunting j'ai réservé la journée de demain pour chercher une maison;∎ the room is set aside for meetings la pièce est réservée aux réunions;∎ can you set the book aside for me? pourriez-vous me mettre ce livre de côté?;∎ chop the onions and set them aside coupez les oignons et réservez-les(c) (overlook, disregard) mettre de côté, oublier, passer sur;∎ they set their differences aside in order to work together ils ont mis de côté leurs différences pour travailler ensemble(d) (reject → dogma, proposal, offer) rejeter∎ the building is set back slightly from the road l'immeuble est un peu en retrait par rapport à la route(b) (delay → plans, progress) retarder;∎ his illness set him back a month in his work sa maladie l'a retardé d'un mois dans son travail;∎ the news may set him or his recovery back la nouvelle risque de retarder sa guérison;∎ this decision will set the economy back ten years cette décision va faire revenir l'économie dix ans en arrière∎ the trip will set her back a bit le voyage va lui coûter cher(a) (tray, bag etc) poser∎ the bus sets you down in front of the station le bus vous dépose devant la gare(c) (note, record) noter, inscrire;∎ try and set your thoughts down on paper essayez de mettre vos pensées par écrit(d) (establish → rule, condition) établir, fixer;∎ the government has set down a margin for pay increases le gouvernement a fixé une fourchette pour les augmentations de salaire;∎ permissible levels of pollution are set down in the regulations les taux de pollution tolérés sont fixés dans les réglementations;∎ to set sth down in writing coucher qch par écrit;∎ it is clearly set down that drivers must be insured il est clairement signalé ou indiqué que tout conducteur doit être assuréformal (expound → plan, objections) exposer, présenter;∎ the recommendations are set forth in the last chapter les recommandations sont détaillées ou énumérées dans le dernier chapitreliterary partir, se mettre en route➲ set in∎ if infection sets in si la plaie s'infecte;∎ the bad weather has set in for the winter le mauvais temps s'est installé pour tout l'hiver;➲ set off(b) (reaction, process, war) déclencher, provoquer;∎ their offer set off another round of talks leur proposition a déclenché une autre série de négociations;∎ it set her off on a long tirade against bureaucracy cela eut pour effet de la lancer dans une longue tirade contre la bureaucratie;∎ to set sb off laughing faire rire qn;∎ this answer set them off (laughing) cette réponse a déclenché les rires;∎ one look at his face set me off again en le voyant, mon fou rire a repris de plus belle;∎ if you say anything it'll only set him off (crying) again si tu dis quoi que ce soit, il va se remettre à pleurer;∎ the smallest amount of pollen will set her off la moindre dose de pollen lui déclenche une réaction allergique;∎ don't mention Maradona or you'll set him off again surtout ne prononce pas le nom de Maradona sinon il va recommencer;∎ someone mentioned the war and of course that set Uncle Arthur off quelqu'un prononça le mot guerre, et évidemment, oncle Arthur embraya aussitôt sur le sujet;∎ figurative to set sb off on the wrong track mettre qn sur une fausse piste∎ the vase sets off the flowers beautifully le vase met vraiment les fleurs en valeur∎ some of these expenses can be set off against tax certaines de ces dépenses peuvent être déduites des impôtspartir, se mettre en route;∎ he set off at a run il est parti en courant;∎ I set off to explore the town je suis parti explorer la ville;∎ after lunch, we set off again après le déjeuner, nous avons repris la route➲ set on(attack) attaquer, s'en prendre à∎ to set the police on the tracks of a thief mettre la police aux trousses d'un voleur;∎ to set sb on his/her way mettre qn sur les rails∎ to set a dog on sb lâcher un chien sur qn➲ set out∎ the shopping centre is very well set out le centre commercial est très bien conçu(b) (present → ideas) exposer, présenter;∎ the information is set out in the table below ces données sont présentées dans le tableau ci-dessous∎ just as he was setting out au moment de son départ;∎ to set out for school partir pour l'école;∎ to set out again repartir;∎ to set out in pursuit/in search of sb se mettre à la poursuite/à la recherche de qn(b) (undertake course of action) entreprendre;∎ he has trouble finishing what he sets out to do il a du mal à terminer ce qu'il entreprend;∎ I can't remember now what I set out to do je ne me souviens plus de ce que je voulais faire à l'origine;∎ they all set out with the intention of changing the world au début, ils veulent tous changer le monde;∎ she didn't deliberately set out to annoy you il n'était pas dans ses intentions de vous froisser;∎ his theory sets out to prove that… sa théorie a pour objet de prouver que…(a) (begin work) commencer, s'y mettre;∎ we set to with a will nous nous y sommes mis avec ardeur(b) familiar (two people → start arguing) avoir une prise de bec; (→ start fighting) en venir aux mains➲ set up(a) (install → equipment, computer) installer; (→ roadblock) installer, disposer; (→ experiment) préparer;∎ everything's set up for the show tout est préparé ou prêt pour le spectacle;∎ set the chairs up in a circle mettez ou disposez les chaises en cercle;∎ he set the chessboard up il a disposé les pièces sur l'échiquier;∎ the equation sets up a relation between the two variables l'équation établit un rapport entre les deux variables;∎ the system wasn't set up to handle so many users le système n'était pas conçu pour gérer autant d'usagers;∎ he set the situation up so she couldn't refuse il a arrangé la situation de telle manière qu'elle ne pouvait pas refuser(b) (erect, build → tent, furniture kit, crane, flagpole) monter; (→ shed, shelter) construire; (→ monument, statue) ériger;∎ to set up camp installer ou dresser le camp(c) (start up, institute → business, scholarship) créer; (→ hospital, school) fonder; (→ committee, task force) constituer; (→ system of government, republic) instaurer; (→ programme, review process, system) mettre en place; (→ inquiry) ouvrir; (→ dinner, meeting, appointment) organiser;∎ to set up house or home s'installer;∎ they set up house together ils se sont mis en ménage;∎ to set up a dialogue entamer le dialogue;∎ you'll be in charge of setting up training programmes vous serez responsable de la mise en place des programmes de formation;∎ the medical system set up after the war le système médical mis en place après la guerre(d) (financially, in business → person) installer, établir;∎ he set his son up in a dry-cleaning business il a acheté à son fils une entreprise de nettoyage à sec;∎ she could finally set herself up as an accountant elle pourrait enfin s'installer comme comptable;∎ the money would set him up for life l'argent le mettrait à l'abri du besoin pour le restant de ses jours;∎ the army set him up as a dictator l'armée l'installa comme dictateur∎ we're well set up with supplies nous sommes bien approvisionnés;∎ she can set you up with a guide/the necessary papers elle peut vous procurer un guide/les papiers qu'il vous faut;∎ I can set you up with a girlfriend of mine je peux te présenter à ou te faire rencontrer une de mes copines(f) (restore energy to) remonter, remettre sur pied;∎ have a brandy, that'll set you up prends un cognac, ça va te remonter∎ she claims she was set up elle prétend qu'elle est victime d'un coup monté;∎ he was set up as the fall guy on a fait de lui le bouc émissaire□, il a joué le rôle de bouc émissaire□s'installer, s'établir;∎ he's setting up in the fast-food business il se lance dans la restauration rapide;(physically or verbally) attaquer, s'en prendre à -
19 drive
I 1. [draɪv]3) (motivation, energy) iniziativa f., energia f.; (inner urge) pulsione f., istinto m.4) inform. drive m., unità f.5) mecc. trasmissione f.6) (path) (of house) vialetto m., strada f. privata2.modificatore mecc. [ mechanism] di trasmissioneII 1. [draɪv]1) [ driver] guidare, condurre [car, bus, train]; pilotare [ racing car]; trasportare [cargo, load, passenger]; percorrere (in auto) [ distance]to drive sb. home — portare a casa qcn. (in auto)
to drive sth. into — portare qcs. dentro [garage, space]
to be driven out of business — essere costretto a cessare l'attività, a ritirarsi dagli affari
to drive sb. mad o crazy — colloq. fare impazzire o diventare matto qcn. (anche fig.)
3) (chase or herd) spingere, condurre [herd, cattle]; spingere [ game]4) (power, propel) azionare, fare funzionare [engine, pump]to drive sth. into sb.'s head — fig. fare entrare qcs. nella testa di qcn., ficcare qcs. in testa a qcn
6) (force to work hard) incalzare, fare lavorare sodo [pupil, recruit]2.1) aut. guidareto drive into — entrare (con l'auto) in [garage, space]; andare a sbattere contro [tree, lamppost]
3.to drive up, down a hill — salire su, scendere da una collina (in auto)
1) aut.•- drive at- drive on* * *1. past tense - drove; verb1) (to control or guide (a car etc): Do you want to drive (the car), or shall I?) guidare2) (to take, bring etc in a car: My mother is driving me to the airport.) portare3) (to force or urge along: Two men and a dog were driving a herd of cattle across the road.) spingere innanzi4) (to hit hard: He drove a nail into the door; He drove a golf-ball from the tee.) battere; scagliare5) (to cause to work by providing the necessary power: This mill is driven by water.) azionare2. noun1) (a journey in a car, especially for pleasure: We decided to go for a drive.) gita in automobile2) (a private road leading from a gate to a house etc: The drive is lined with trees.) viale d'accesso, strada privata3) (energy and enthusiasm: I think he has the drive needed for this job.) energia4) (a special effort: We're having a drive to save electricity.) campagna5) (in sport, a hard stroke (with a golf-club, a cricket bat etc).) colpo6) ((computers) a disk drive.) drive, lettore, unità•- driver- driver's license
- drive-in
- drive-through
- driving licence
- be driving at
- drive off
- drive on* * *drive /draɪv/n.1 giro (o viaggio) in macchina: to go for a drive, fare un giro in macchina; to take sb. for a drive, portare q. a fare un giro in macchina; It's two hours' drive there and back, ci sono due ore di macchina per andare e venire; a long and boring drive, un viaggio in macchina lungo e noioso; a 50 mile drive, un percorso in macchina di 50 miglia; The mountains are a short drive away, ci vuole poco in macchina per andare in montagna; a drive in the country [along the coast], un giro in macchina in campagna [lungo la costa]2 strada carrozzabile; (spec.) viale, vialetto ( di una casa): The house is reached by means of a tree-lined drive, si raggiunge la casa per mezzo di un viale alberato4 [u] determinazione, volontà: the drive to succeed, la volontà di riuscire; You need a lot of drive to succeed in business, ci vuole molta determinazione per riuscire in affari5 [uc] (psic.) pulsione, impulso: basic human drives, le pulsioni fondamentali dell'essere umano; the sex drive, l'impulso sessuale6 [u] aspirazione: the drive for peace, l'aspirazione alla pace; the drive for perfection [improvement, change], l'aspirazione alla perfezione [al miglioramento, al cambiamento]7 ( anche comm.) sforzo collettivo, campagna: a recruitment [sales] drive, una campagna di assunzioni [di vendite]; an export drive, una campagna per promuovere le esportazioni; a concerted drive to raise the firm's profile, una campagna comune per far salire il profilo dell'azienda8 (comput.) drive; ( anche) lettore, unità: hard ( disk) drive, hard disk, disco fisso; disk drive, unità disco9 ( sport) colpo ( dato a una palla); ( tennis) diritto, drive; ( calcio) tiro; ( golf) colpo lungo, drive; ( pallavolo) attacco, schiacciata: drive against the post, palo ( il tiro sul montante); drive at goal, tiro in porta; drive down the sideline, lungolinea (sost.)10 [uc] (autom.) guida ( il meccanismo, lo sterzo): left-hand drive, guida a sinistra ( negli automezzi dei paesi in cui il traffico tiene la destra); right-hand drive, guida a destra ( negli automezzi dei paesi in cui il traffico tiene la sinistra)11 [uc] (autom., mecc.) trazione: front-[rear-]wheel drive, trazione anteriore [posteriore]; four-wheel drive, trazione integrale12 [uc] (mecc.) comando trasmissione; presa: belt drive, trasmissione a cinghia; direct drive, presa diretta13 battuta di caccia; inseguimento14 (mil.) attacco; offensiva● drive belt, cinghia di trasmissione □ (mecc.) drive gear, ingranaggio conduttore □ (elettr.) drive pulse, impulso di comando □ (mecc.) drive screw, vite autofilettante □ (mecc.) drive wheel, ruota motrice.♦ (to) drive /draɪv/A v. t.1 guidare ( un veicolo); ( sport) pilotare: to drive a car [a van, a bus, a train], guidare una macchina [un furgone, un autobus, un treno]; to drive a racing car, pilotare una vettura da corsa; What do you drive?; che macchina hai?2 accompagnare, portare (q.) in macchina: to drive sb. home, accompagnare q. a casa in macchina; Can you drive me to the office?, puoi portarmi in macchina in ufficio?3 (fig.) spingere, portare (q. a qc.): to drive sb. to drink, spingere q. a bere (o a darsi all'alcol); to drive sb. to suicide, spingere q. al suicidio; to drive sb. to despair, portare q. alla disperazione; His insane jealousy drove her to leave him, la sua folle gelosia l'ha spinta a lasciarlo; High interest rates drove them to bankruptcy, gli alti tassi di interesse li hanno portati al fallimento; ( anche fig.) to drive sb. crazy (o mad) fare impazzire q.; (fam.) to drive sb. nuts (o round the bend, round the twist, up the wall) fare impazzire q.4 spingere, motivare: He is driven by a need to outshine his older brother, è motivato dal bisogno di superare il fratello più grande; I want to find out what drives him, voglio scoprire cos'è che lo motiva; His novels are driven by plot rather than character, i suoi romanzi sono incentrati più sulla trama che sui personaggi5 condurre un gregge (o una mandria) di: to drive sheep [cattle], condurre un gregge di pecore [una mandria di bovini]6 (fig.) far lavorare (duro): He drives his employees hard, fa lavorare duro i suoi dipendenti; She drives herself too hard, si dà troppo da fare7 ( sport) battere, scagliare; ( calcio) spedire ( la palla); ( tennis) colpire di diritto; ( golf) colpire con un driver: ( baseball) The batter drove the ball into the bleachers, il battitore ha scagliato la palla nelle gradinate8 conficcare, piantare: to drive a stake into the ground [a nail into a wall], piantare un palo per terra [un chiodo nel muro]10 sospingere: The storm drove the boat onto the reef, la tempesta ha sospinto la barca sulla scogliera11 fare andare, cacciare: The enemy were driven out of the town, i nemici sono stati cacciati dalla città; They drove the animals away by shouting and waving their arms, hanno mandato via gli animali urlando e agitando le braccia; Heavy rain drove them inside, la forte pioggia li ha fatti rientrare in casa; Thousands were driven from their home, migliaia di persone sono state costrette a lasciare la loro casa; Lots of holidaymakers were driven away by the bad weather, il cattivo tempo ha fatto partire in tutta fretta molti vacanzieri12 (di solito al passivo) azionare; far funzionare: The turbines are driven by water, le turbine sono azionate dall'acquaB v. i.1 (autom.) guidare: He's learning to drive, sta imparando a guidare; Let me drive, please!, fa' guidare me, per favore; I can't drive, non so guidare; He drives very well [too fast], guida molto bene [troppo forte]; Shall we drive back?, torniamo indietro?; He drove into a wall, è andato a sbattere con la macchina contro un muro; to drive out of the garage, uscire dal garage2 andare ( con un veicolo privato); andare in macchina: Shall we drive or walk?, andiamo in macchina o a piedi?; They drove to the airport, sono andati all'aeroporto in macchina; We got into the car and drove home, siamo saliti in macchina e siamo andati a casa; I don't drive anymore into town, there's never anywhere to park, non vado più in centro in macchina, non si trova mai parcheggio; After waiting for five minutes, the taxi-driver drove away, dopo avere aspettato cinque minuti, il tassista è andato via3 ( di veicolo) andare: The car drove into a lamppost, la macchina è andata a sbattere contro un lampione4 ( della pioggia, ecc.) cadere (forte); battere: The snow was driving down, nevicava forte; Rain was driving against the windows, la pioggia batteva contro le finestre5 (mil.) spingersi; addentrarsi: Napoleon drove ( ahead) into the plains of Russia, Napoleone si addentrò nelle pianure della Russia● to drive oneself, guidare: She can't drive herself any more, her daughter has to do it, non può più guidare, deve accompagnarla sua figlia □ ( slang USA) to drive the big (o the porcelain) bus, vomitare nella toilette □ (ingl.) to drive a coach and horses through st., mostrare chiaramente tutte le falle di qc.: This verdict drives a coach and horses through the legislation, questo verdetto mostra chiaramente tutte le falle della legislazione □ (autom., GB) to drive with excess alcohol, guidare in stato di ebbrezza □ to drive st. home, chiarire (bene) qc.: to drive home one's point, chiarire bene il proprio punto di vista; I drove home to them what the problem was, gli ho fatto capire qual era il problema □ to drive a hard bargain, fare un accordo molto vantaggioso □ to drive a wedge between, seminare zizzania tra □ (fig.) to drive sb. into a corner, mettere q. alle strette (o con le spalle al muro) □ (fig.) to drive st. into the ground, portare qc. alla rovina: They drove the business into the ground, hanno portato l'azienda alla rovina □ to drive prices through the roof, far salire i prezzi alle stelle.* * *I 1. [draɪv]3) (motivation, energy) iniziativa f., energia f.; (inner urge) pulsione f., istinto m.4) inform. drive m., unità f.5) mecc. trasmissione f.6) (path) (of house) vialetto m., strada f. privata2.modificatore mecc. [ mechanism] di trasmissioneII 1. [draɪv]1) [ driver] guidare, condurre [car, bus, train]; pilotare [ racing car]; trasportare [cargo, load, passenger]; percorrere (in auto) [ distance]to drive sb. home — portare a casa qcn. (in auto)
to drive sth. into — portare qcs. dentro [garage, space]
to be driven out of business — essere costretto a cessare l'attività, a ritirarsi dagli affari
to drive sb. mad o crazy — colloq. fare impazzire o diventare matto qcn. (anche fig.)
3) (chase or herd) spingere, condurre [herd, cattle]; spingere [ game]4) (power, propel) azionare, fare funzionare [engine, pump]to drive sth. into sb.'s head — fig. fare entrare qcs. nella testa di qcn., ficcare qcs. in testa a qcn
6) (force to work hard) incalzare, fare lavorare sodo [pupil, recruit]2.1) aut. guidareto drive into — entrare (con l'auto) in [garage, space]; andare a sbattere contro [tree, lamppost]
3.to drive up, down a hill — salire su, scendere da una collina (in auto)
1) aut.•- drive at- drive on -
20 Education
In Portugal's early history, education was firmly under the control of the Catholic Church. The earliest schools were located in cathedrals and monasteries and taught a small number of individuals destined for ecclesiastical office. In 1290, a university was established by King Dinis (1261-1325) in Lisbon, but was moved to Coimbra in 1308, where it remained. Coimbra University, Portugal's oldest, and once its most prestigious, was the educational cradle of Portugal's leadership. From 1555 until the 18th century, primary and secondary education was provided by the Society of Jesus (Jesuits). The Catholic Church's educational monopoly was broken when the Marquis of Pombal expelled the Jesuits in 1759 and created the basis for Portugal's present system of public, secular primary and secondary schools. Pombal introduced vocational training, created hundreds of teaching posts, added departments of mathematics and natural sciences at Coimbra University, and established an education tax to pay for them.During the 19th century, liberals attempted to reform Portugal's educational system, which was highly elitist and emphasized rote memorization and respect for authority, hierarchy, and discipline.Reforms initiated in 1822, 1835, and 1844 were never actualized, however, and education remained unchanged until the early 20th century. After the overthrow of the monarchy on the Fifth of October 1910 by Republican military officers, efforts to reform Portugal's educational system were renewed. New universities were founded in Lisbon and Oporto, a Ministry of Education was established, and efforts were made to increase literacy (illiteracy rates being 80 percent) and to resecularize educational content by introducing more scientific and empirical methods into the curriculum.Such efforts were ended during the military dictatorship (192632), which governed Portugal until the establishment of the Estado Novo (1926-74). Although a new technical university was founded in Lisbon in 1930, little was done during the Estado Novo to modernize education or to reduce illiteracy. Only in 1964 was compulsory primary education made available for children between the ages of 6 and 12.The Revolution of 25 April 1974 disrupted Portugal's educational system. For a period of time after the Revolution, students, faculty, and administrators became highly politicized as socialists, communists, and other groups attempted to gain control of the schools. During the 1980s, as Portuguese politics moderated, the educational system was gradually depoliticized, greater emphasis was placed on learning, and efforts were made to improve the quality of Portuguese schools.Primary education in Portugal consists of four years in the primary (first) cycle and two years in the preparatory, or second, cycle. The preparatory cycle is intended for children going on to secondary education. Secondary education is roughly equivalent to junior and senior high schools in the United States. It consists of three years of a common curriculum and two years of complementary courses (10th and 11th grades). A final year (12th grade) prepares students to take university entrance examinations.Vocational education was introduced in 1983. It consists of a three-year course in a particular skill after the 11th grade of secondary school.Higher education is provided by the four older universities (Lisbon, Coimbra, Oporto, and the Technical University of Lisbon), as well as by six newer universities, one in Lisbon and the others in Minho, Aveiro, Évora, the Algarve, and the Azores. There is also a private Catholic university in Lisbon. Admission to Portuguese universities is highly competitive, and places are limited. About 10 percent of secondary students go on to university education. The average length of study at the university is five years, after which students receive their licentiate. The professoriate has four ranks (professors, associate professors, lecturers, and assistants). Professors have tenure, while the other ranks teach on contract.As Portugal is a unitary state, the educational system is highly centralized. All public primary and secondary schools, universities, and educational institutes are under the purview of the Ministry of Education, and all teachers and professors are included in the civil service and receive pay and pension like other civil servants. The Ministry of Education hires teachers, determines curriculum, sets policy, and pays for the building and upkeep of schools. Local communities have little say in educational matters.
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