Vocabulary Definitions

Vocabulary Definitions

• Fever Pitch: Intense excitement, heightened emotion, or agitation in response to an event or situation.
• Diffusion: The spread of molecules from high to low concentration areas, generally the dissemination of ideas, innovations, or practices across groups or regions.
• Expertise: Specialized knowledge or skill in a specific field, gained through education, training, or experience.
• Turgid: Swollen or excessively ornate and complex in style, especially in writing or speech.
• Risk Aversion: The tendency to prefer certainty and avoid risks, leading to safer choices over potentially more rewarding but uncertain options.
• Blunted Market Incentives: Diminished motivations for economic activities due to regulations or market conditions.
• Culprits: Individuals or entities responsible for a wrongdoing or negative outcome, often blamed for a problem or crime.
• Assume: To accept something as true without proof or to undertake a responsibility/role; many people assume that the status quo will always be the same.
• Depriving: Taking something away, resulting in a lack of essential resources, rights, or opportunities.
• Quintessential: The most perfect or typical example of a quality or class, fully embodying its essence.
• Surpassed: Exceeding a level, standard, or achievement, being greater in quality, quantity, or performance.
• Indices: Statistical measures representing the value of a data set, used in finance to track asset performance or economic indicators.
• Putative: Commonly accepted or supposed to be true, often without definitive proof.
• Infusing: Introducing a quality, substance, or idea to enhance or enrich something.
• A Vibrant Market: A dynamic, active economic environment with competition, innovation, and consumer engagement, leading to growth.