In an effort to mitigate the financial shock of the economic downturn, the executive board instructed department managers to husband all capital reserves while deferring non-essential infrastructure projects until the third quarter.
What is the contextual meaning of the bolded word husband as used in the passage above?
- conserve and use frugallyAnswer
- Bmarry or link together legally
- Cliquidate completely to pay debts
- Dinvest aggressively in high-yield assets
Answer
The contextual meaning of 'husband' in the excerpt is to conserve and use frugally.
The verb 'husband' contextually means to manage carefully, preserve, and use frugally. In the passage, managing capital reserves conservatively during an economic downturn directly matches the directive to defer unnecessary expenditures.
Step-by-Step Solution
Key Concept
Vocabulary and Word Meaning in Context
Estimated Time:1m 30s