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Entry no.: 826

16 Sep 2009, 10:08 AM

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Language How Recession Affects Dictionaries

New Oxford American Dictionary:

stake 2 |steɪk| |steɪk|
noun (usu. stakes)
a sum of money or something else of value gambled on the outcome of a risky game or venture : playing dice for high stakes | figurative the mayor raised the stakes in the battle for power.
• a share or interest in a business, situation, or system : GM acquired a 50 percent stake in Saab.

Needs minor revision: sold instead of acquired.


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