Words / E / Business

embargo

noun

B1CEFR level
35/100Rarity: fairly common
TechnicalRegister

An official ban on trade or commercial activity with a particular country.

The oil embargo sent energy prices soaring and pushed several importers into recession.

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Economics