effect noun Meaning in Cambridge Business English Dictionary
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Meaning of "effect" - Business English Dictionary

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effect

noun [C]
 
 
/ɪˈfekt/
the result of a particular influence: have/produce an effect Anti-inflationary measures do not yet seem to be having any effect. effect of sth (on sth) The effect of the redundancies on morale has been extremely damaging.see/feel/suffer the effects of sth Businesses are already feeling the effects of the new charges.an adverse/negative/detrimental effect The slowdown will have a detrimental effect on earnings in the short term. a significant/profound/dramatic effect reduce/minimize the effects The problem is, how to deal with the demand for more and better goods while minimizing the effect on the environment. They questioned whether financial liberalization had had the desired effect (= had done what it was intended to do).
be in effect to be active or being used: At that time a total ban on financial transactions was in effect.
come into effect ( also take effect) to start working or being used: On April 1 new sales taxes will come into effect. The new credit regulations will take effect next year.
in effect in fact, or in practice: The ruling meant that, in effect, the company was allowed to continue to do business as usual.
put/bring sth into effect to start using something or making it work: The aim is to develop new management strategies and put them into effect.
with immediate effect/with effect from used to describe a change that happens immediately or from a particular date: She was appointed chief executive with immediate effect. The company has announced the appointment of 13 new partners, with effect from 1 July 2012.
effects [plural] LAW a person's possessions: After his death, an inventory was taken of his effects. Company relocation policies may cover the cost of insuring personal effects in transit.
→  See also cause and effect diagram , currency effect , demonstration effect , the domino effect , halo effect , the Hawthorne effect , income effect , price effect , ripple effect , substitution effect , threshold effect , wealth effect
(Definition of effect noun from the Cambridge Business English Dictionary © Cambridge University Press)
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