review
noun
uk/rɪˈvjuː/ us [ C or U ] MANAGEMENT
the process of carefully examining a situation to find out whether changes or improvements need to be made:
review of sth The next scheduled review of bonus rates will take place early in the new year.
The matter is currently under review.
a price/pay/spending review
a review committee/board/panel
call for/order a review (of sth) The Treasury select committee called last month for a review of the bank's supervisory role.
conduct/carry out a review (of sth) Outside consultants have been called in to conduct a review of the firm's business structure.
launch/complete/conclude a review (of sth) None of the major media companies will be able to act until the Office of Fair Trading concludes its review of commercial broadcasting.
a strategic/independent/comprehensive review Current chairman, Richard Carter, has announced a strategic review.
[ C ]
a report that contains important information about a particular subject or activity:
Current business frameworks and methodologies are analysed in the review appearing in Section 2 of the book.
Ofcom has recently published its review of the telecoms market.
Our annual review and accounts are published each year.
[ C ]
a short article that someone writes expressing their opinion about something such as a new product or service:
Our website enables shoppers to make side-by-side product comparisons and read customer reviews.
Despite mixed reviews, the movie was a huge box-office success.
a book/restaurant review
[ C ] ACCOUNTING, FINANCE
an examination of the accounts of a business to check that they have been done according to accepted standards:
The Committee received reports from the external auditors on the conduct of their audit, their review of the accounts, and their comments on risk management.
Compare
audit noun
See also
peer review
performance review
review
verb [ T ]
uk/rɪˈvjuː/ us MANAGEMENT
to carefully examine a situation to find out whether changes or improvements need to be made:
Experts are urging borrowers to review their mortgage arrangements and, if they can, to switch now to a better rate.
The airline said it would continue to review the situation.
The EEOC (Equal Employment Opportunity Commission) reviews all cases before any lawsuits can be filed.
be reviewed by sb/sth The proposed project will be reviewed by several federal agencies.
to provide a written description containing important information about a particular subject or activity:
Before moving onto the next chapter, we review some key factors that limit the impact of CEOs within the corporate structure.
to write a short article expressing your opinion about something such as a new product or service:
Customers reviewing digital cameras are asked to identify whether they are amateur or professional photographers.
ACCOUNTING, FINANCE
to examine the accounts of a business to check that they have been done according to accepted standards:
The Auditor's Office generally reviews the books of public agencies every three years.
Compare
audit verb