Read the following sentence carefully:
"Given the acute scarcity of foreign exchange and escalating operational costs, the board advised the chief executive to husband the company's limited financial resources until market conditions improved."
In the context of the sentence above, what is the meaning of the word husband?
- Amarry a spouse to secure additional capital
- manage and conserve frugallyAnswer
- Cinvest aggressively in high-risk ventures
- Dsurrender corporate assets to creditors
Answer
manage and conserve frugally
In formal and business registers, the verb 'husband' means to manage, conserve, or use resources with frugality and care. The surrounding text emphasizes scarce foreign exchange and rising costs, reinforcing the necessity of prudent financial management.
Step-by-Step Solution
Key Concept
Contextual Word Meaning