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Business Dictionary :
World and Worth
World and Worth
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World : noun :
(a) the earth
• The world market for steel = the possible sales of steel in the whole world
• He has world rights to a product = he has the right to sell the product anywhere in the world
(b) people in a particular business or people with a special interest
• The world of big business
• The world of publishing
• The publishing world
• The world of lawyers
• The legal world
World Bank : noun : central bank controlled by the United Nations whose funds come from the member states of the UN and which lends money to member states
Worldwide : adjective & adverb : everywhere in the world
• The company has a worldwide network of distributors.
• World-wide sales
• Sales worldwide have topped two million units.
• This make of computer is available worldwide.
QUOTE : The EC pays farmers 27 cents a pound for sugar and sells it on the world market for 5 cents. (Duns Business Month)
QUOTE : Manufactures and services were the fastest growing sectors of world trade. (Australian Financial Review)
Worth : adjective : having a value or a price
• Do not get it repaired. It is worth only £25.
• The car is worth £6,000 on the second-hand market.
• He is worth £10m = his property or investments etc. would sell for £ 10m.
• What is ten pounds worth in dollars?
NOTE : Always follows the verb to be.
Worth : noun : value
• Give me ten pounds worth of petrol.
Worthless : adjective : having no value
• The cheque is worthless if it is not signed.