dependent

Vocabulary Word

Definition

'Dependent' refers to a condition or state of needing something or someone for support, success, or survival. For example, you may be dependent on your alarm clock to wake up on time.

Examples in Different Contexts

In finance, 'dependent' can refer to someone who relies on another person for monetary support, such as a child. A CEO might say, 'Given the tax benefits for supporting dependents, we should revisit our employee benefits package.'

Practice Scenarios

Business

Scenario:

The shipping delays are impacting our ability to deliver products on schedule; we need to find reliable alternatives.

Response:

The company is incredibly dependent on this one supplier. Finding alternative suppliers can be a backup plan.

Impact

Scenario:

Funding for the project has been constrained recently, we might have to explore other resources for support.

Response:

Though our initiative is currently dependent on existing funding, exploring other resources adds sustainability.