bank-on

Vocabulary Word

Definition

When you 'bank on' something, you're expecting it to happen or counting on it. It's like a chef trusting that her ingredients will combine to make a delicious meal.

Examples in Different Contexts

In business strategy, 'banking on' a market trend can guide investment decisions. A CEO might say, 'We’re banking on the growing demand for renewable energy to drive our investments.'

Practice Scenarios

Impact

Scenario:

Community engagement is key to the success of our campaign. It's important to foster participation.

Response:

Right, a strong community engagement is essential. We have to bank on it for the success of our campaign.

Tech

Scenario:

The new algorithm has shown potential in our tests. It's crucial to improve our system performance.

Response:

Testing showed great performance. We can bank on the new algorithm to improve our system.