Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “ratchet”

See all translations

ratchet

noun [C]
 
 
/ˈrætʃɪt/
FINANCE, STOCK MARKET an arrangement by which managers are given increasing numbers of shares in a company in relation to increases in its profits or success: The sale has been rewarding for the chief executive, whose original 20% stake grew to 30% under a ratchet arrangement.
PRODUCTION a part of a machine that allows controlled movement in one direction only
a system that controls activity: Tightening the interest-rate ratchet to control inflation would risk tipping the economy into a nasty downturn.
Translations of “ratchet”
in Chinese (Traditional) 棘輪,棘齒…
in Chinese (Simplified) 棘轮,棘齿…
(Definition of ratchet from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of ratchet?
Add Cambridge dictionaries to your browser to your website

Definitions of “ratchet” in other dictionaries

Word of the Day

hyphen

the symbol -, used to join two words together, or to show that a word has been divided into two parts at the end of one line and the beginning of the next

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More