Words / T / Business

transparency

noun/trænsˈpærənsi/

A2CEFR level
10/100Rarity: common
TechnicalRegister

Openness and accountability in the conduct of affairs, allowing scrutiny by others.

Investors pressed for greater transparency around executive pay and related-party dealings.

Similar: openness, accountability, disclosure

Topic: Corporate governance 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: Corporate governance