The company needs more financial assistance from the Government.
compete verb [I] .
to try to do or be better than someone else .
Both girls compete for their father's attention.
competitive adjective .
How will such a small firm survive in the competitive world of business?.
welfare (HEALTH AND HAPPINESS) noun [U] .
physical and mental health and happiness, esp. of a person .
Many people who have adopted children from poor countries believe they are contributing to that country's long-term welfare.
The working environment should have adequate facilities and arrangements for employees' welfare, the report says.
Intellectual property is an original idea which can be used to earn money. The person or group who is recognized as having the idea can use the law to prevent other people from earning money by copying it. .
intervene (GET INVOLVED) verb [I] .
to become involved, intentionally, in a difficult situation in order to improve it or prevent it from getting worse .
I didn't feel I could intervene in a family dispute.
The Central Bank intervened in the currency markets today to try to stabilize the exchange rate.
monopoly noun [C] .
(an organization or group which has) a power of control which is not shared by other people or groups, esp. in business to make and sell goods or provide a service .
The government is determined to protect its tobacco monopoly. .
stable (FIXED) adjective .
firmly fixed or not likely to move or change .
Heavier boats are more stable than lighter boats.
stability noun [U] .
The country has enjoyed a period of political stability during the past ten years.
stabilize, British and Australian usually -ise verb [I] .
If something stabilizes, it becomes fixed or stops changing. .
taxation noun [U] .
Taxation is money obtained from the act of taxing people. .
The government raised indirect taxation (AM hidden taxes) (=taxes on goods and services) so that they could reduce direct taxation (=taxes on income).