0
Akdom Posted 17 years ago
Does it mean that: even stocks with good prospect are difficult to grow as the rate of 16% yearly? so credit card companies make money very fast.
Vocabulary
Hot stocks are pressed to grow...
Credit cards are a big business today, with many companies making a fortune off finance charges. The average annual percentage rate is about 16% on most credit cards. With that kind of interest, it's tough to pay down a credit card, because it is consistently charging interest and adding to the principle. Even hot stocks are pressed to grow at 16% a year. Luckily, companies are so anxious for your business the balance transfer was invented.What does the "press" mean in this context?
Does it mean that: even stocks with good prospect are difficult to grow as the rate of 16% yearly? so credit card companies make money very fast.
Top answer
This use of "pressed" is a bit tricky. You would be hard pressed to do something means it would be difficult for you. Even companies that are performing well find it difficult for their stocks to grow at 16%.
- This use of "pressed" is a bit tricky.
- You would be hard pressed to do something means it would be difficult for you.
- Even companies that are performing well find it difficult for their stocks to grow at 16%.
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
1 Answers
0
This use of "pressed" is a bit tricky.
You would be hard pressed to do something means it would be difficult for you.
Even companies that are performing well find it difficult for their stocks to grow at 16%.
You would be hard pressed to do something means it would be difficult for you.
Even companies that are performing well find it difficult for their stocks to grow at 16%.
0
Related Questions