The English Corner 9 October 2018

Posted Date : 09-Oct-2018

Economics Terminology  
Store of value - One of the functions of money allowing people to save current purchasing power to buy goods and services in a future time period.  
Total revenue - Selling price of a product multiplied by the quantity demanded.  


proverb - is a saying that makes a truth or piece of wisdom easier to remember e.g. a stitch in time saves nine 
silence gives consent
saying nothing or not saying no to something means that you agree Silence gives consent and when nobody spoke at the meeting, the principal thought that most people agreed with his pr posal. 
times change
 the values and fashions of life change Times change and when my friend went to buy some tapes for her tape recorder she found that they were no longer being produced. 
where there's smoke there's fire
 if there is evidence of a problem then there pro ably is a problem Where there's smoke there's fire. The company is talking about a safety problem so there probably is one. 


nullify - (v.) to make of no value or consequence, cancel, wipe out
Synonyms: invalidate, annul
Antonyms: confirm, endorse, ratify, sanction


(Uncontrolled obsession is called mania)
aviomania    flying (See also aviatomania)
        automatonomania automatons
eumania    goodness or things good

A Guide to Inventions and Discoveries

Leyden jar: (prototype electrical condenser) Canon E. G. von Kleist of Kamin, Pomerania, 1745; independently evolved by Cunaeus and P. van Musschenbroek, University of Leyden, Holland, 1746, from where name originated.
Light, nature of:  (wave theory) Christian Huygens, The Netherlands, 1678; (electromagnetic theory) James Clerk Maxwell, England, 1873.

Buzz Words

Recently-coined new words in English,  terms and expressions with their meaning. 
Greycation : Going on holiday or vacation with grandparents in order to reduce the cost.
Viral marketing : Marketing strategy that consists in encouraging people to pass along information to friends, family and colleagues through e-mail messages, blogs, video-sharing, etc., so that the marketing message spreads like a virus.

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