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English definition of “relative”

relative

adjective
 
 
/ˈrelətɪv/
having a particular characteristic or value compared to other things of a similar type: The Chancellor of the Exchequer talked about the UK's relative growth performance compared with "core" Europe. relative importance/strength/sizerelative cost/price International borrowers have seen the relative cost of their loans rise slightly in the past six months.a relative newcomer/unknown The firm is a relative newcomer to the world of futures trading.
relative to sth compared to something else: Official figures probably understate Europe's growth relative to America. Pay in many white-collar jobs has been stagnating relative to inflation.relative to earnings/income/sales Motoring costs are forecast to increase even further over the next ten years relative to income.relative to sb's competitors/peers Steps taken now to address climate change can improve a company's competitive position relative to its peers.
(Definition of relative from the Cambridge Business English Dictionary © Cambridge University Press)
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