oversight
B1CEFR level
40/100Rarity: uncommon
TechnicalRegister
Law noun
Supervisory monitoring of a company's management and internal controls.
The audit committee provides independent oversight of the company's financial reporting.
Business noun
The supervisory function of monitoring management and ensuring accountability within an organisation.
The audit committee tightened its oversight of related-party transactions after the regulator's warning.
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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