strike

/straɪk/ verb (struck, struck)

Definition

› [I] HR, WORKPLACE if a group of workers strike, they refuse to work because they are not satisfied with their pay, working conditions, etc.: Under current legislation, police and prison officers are not allowed to strike.

strike a deal/agreement (with sb/sth) › [T] to agree to do business with another person or company: Takeover money has been deposited in a bank account, in expectation of striking a deal before tomorrow. The media group yesterday released the details of an agreement that it had struck with dissident investors concerning the forthcoming shareholder vote.

strike a balance (between sth and sth) › [T] to find a way to satisfy two opposing demands or needs: We have recruited younger members to the board in an effort to strike a balance between popular appeal and innovative experimentation.

strike gold [T] informal › to do something that makes you very successful or rich, especially in a way that is unexpected: After a slow start, the carmaker finally struck gold in the US.

strike oil/gold › [T] NATURAL RESOURCES to find oil or gold under the surface of the earth: The company announced it had struck oil at one of its wells in Siberia.

(Definition of strike verb from the Cambridge Business English Dictionary © Cambridge University Press)