- promote
- promote pro‧mote [prəˈməʊt ǁ -ˈmoʊt] verb [transitive]1. to help something develop, grow, become more successful etc, or encourage something to happen:
• The CBI is in favour of promoting alliances between small businesses.
• Oftel favors firm controls on pricing to help promote competition.
• Capital spending enables companies to reduce costs, increase employment and generally promote economic growth.
2. MARKETING to try hard to sell a product or service by advertising it widely, reducing its price etc:• The book will be heavily promoted by publisher Random House.
• We need a credible strategy for promoting high-definition television.
3. HUMAN RESOURCES to give someone a better paid, more responsible job in a company or organization:• He turned increasingly to Mr. Barr for help and eventually promoted him to deputy attorney general.
promote somebody to something• Univision Holdings Inc. has promoted four executives to new posts as part of a reorganization.
4. COMMERCE to be responsible for arranging a large public entertainment event, especially a musical or sports event:• The athletics events are promoted jointly by industrial and commercial sponsors.
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promote UK US /prəˈməʊt/ verb [T]► MARKETING to encourage people to buy or want something, through advertising, offers of lower prices, special events, etc.: »Marks was there promoting his new book.
»The vaccine is being heavily promoted by its maker.
»The guide has been designed to promote sales of their financial products.
► GOVERNMENT, COMMERCE, ECONOMICS to encourage the existence or development of something: »promote growth/business/development
»promote efficiency/innovation
»promote trade/competition
»promote democracy/diversity
► HR, WORKPLACE to give someone a higher or more important job or rank: »Before being promoted, she worked as a senior manager for 15 years.
promote sb to sth »In August, he was promoted to the homicide division.
► STOCK MARKET to start listing (= giving the price of) a company's shares on a more important stock index (= system that shows changes of the average prices of shares on a particular stock market): promote sth to sth »All eight companies are to be promoted to the FTSE 100 index.
Financial and business terms. 2012.