taper

Vocabulary Word

Definition

To 'taper' is lessening or reducing the intensity, frequency or rate of something over time. Recall how the thickness of a pencil decreases from the bottom to the sharpened tip.

Examples in Different Contexts

In finance, 'taper' might refer to the gradual reduction of asset purchases by a central bank. An economist might explain, 'A cautious tapering of bond purchases is essential to maintain market stability and investor confidence.'

Practice Scenarios

Business

Scenario:

Our expenditures have been significantly high this year. We need to take measures to maintain our financial stability.

Response:

I agree. We must begin to taper our monthly expenditures and focus on revenue-generating activities only.

Health

Scenario:

The competition is a week away. We need to prepare effectively while ensuring our athletes receive adequate rest.

Response:

Got it. Let's taper the intensity of the training sessions to allow adequate rest before the big race.