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English definition of “set”

set

verb     /set/ (setting, set, set)
[T] to arrange or decide on something: set a date/time Have you set a time for the next meeting ?set a price/rate Individual franchises set their own prices .set sth at sth The initial annual bonus rate has been set at 6.75%. Have they set a deadline for applications ?set a limit (on sth) The government has set new limits on spending . The state should look for a better way to set annual salaries . We must continue to set clear priorities .
[T] to state a goal or standard that people should try to achieve : set a goal / target / standard When it comes to safety , we will set high standards and enforce them.
[T] to give someone a task or piece of work to do, or tell them what they must achieve : set sb sth She was set the task of looking for ways to cut costs .set sb a goal/target/challenge Analysts said the bank had set itself a tough target of increasing its revenues by 6% per annum .
set up shop informal COMMERCE to start a new business : They left for Switzerland and set up shop in Geneva .
→ See also offset, setback, set-off, set about sth, set sth (off) against sth, set sth aside, set sb back (sth), set sth/sb back, set sth down, set sth forth, set sth off, set sth (off) against sth, set out, set sth out, set up, set sb up, set sth up
(Definition of set verb from the Cambridge Business English Dictionary © Cambridge University Press)
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