set verb Meaning in Cambridge Business English Dictionary
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Meaning of "set" - Business English Dictionary

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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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