multiplier
C1CEFR level
65/100Rarity: rare
TechnicalRegister
Law noun
The figure by which an annual loss is multiplied to calculate a lump sum for future damages.
Counsel argued for a higher multiplier given the claimant's long life expectancy.
Business noun
The ratio by which an initial change in spending produces a larger eventual change in total national income.
If the fiscal multiplier exceeds one, each pound of public spending raises output by more than a pound.
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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