Read the following excerpt from an economic report:
"Faced with severe revenue shortfalls and volatile market conditions, the economic planning council advised the administration to husband its existing assets rather than commit capital to unproven commercial ventures."
What is the precise contextual meaning of the word husband as used in the excerpt above?
- conserve prudentlyAnswer
- Bcultivate agricultural land
- Cliquidate rapidly
- Dinvest aggressively
Answer
The word 'husband' in the passage means to conserve prudently.
In formal English prose, particularly in financial and administrative contexts, the verb 'husband' means to manage, save, or use resources frugally and cautiously. In the excerpt, the economic planning council recommends preserving existing assets rather than spending money on new, risky ventures due to revenue shortfalls.
Step-by-Step Solution
Key Concept
Contextual Word Meaning of Homographs / Secondary Verbal Meanings