admit Meaning in Cambridge Business English Dictionary
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Meaning of "admit" - Business English Dictionary

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admit

verb
 
 
/ədˈmɪt/ (-tt-)
[I or T] to say that you have done something dishonest or have not succeeded in doing something: "We need to do more to attract the younger end of the market," the Chairman admitted. It can be difficult to admit mistakes in front of colleagues who may be competitors for the next promotion.admit to sth Three suspects admitted to the fraud scheme during a series of interviews with federal agents.admit (that) British Airways admitted last week that the credit market downturn was affecting business travel.admit doing sth In court, she admitted receiving almost $1 million as "consulting fees".admit guilt/failure/defeat The company received a discount on its fine because it admitted its guilt.admit a charge/offence/allegation Several firms have been forced to admit charges of paying illegal bonuses to employees.
admit liability (for sth) LAW to admit that you are legally responsible for something that has harmed someone: As part of the agreement, the chairman and his affiliates do not admit any liability or wrongdoing.
to officially give permission for a person, company, or country to join a large organization: admit sb to sth Over the next five years, several new countries will be admitted to the EU.
to officially give permission for someone to attend a meeting or other event: admit sb to sth Newspaper reporters will not be admitted to the hearing.
admit evidence LAW if a court of law admits evidence or admits something as evidence, it allows something to be used to decide whether someone is guilty of a crime: Prosecutors asked the court to admit the recordings as evidence.
(Definition of admit from the Cambridge Business English Dictionary © Cambridge University Press)
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