How to Memorize

quantify risk/expenditure/investment

Analysis

If you 'quantify' something it means to express or measure the quantity or value of something. "The benefits of exercise are difficult to quantify." "Can you quantify that statement with any figures?" This is a formal phrase used more often in professional contexts.

Professional Examples (Basic)

1. It is difficult to quantify how valuable our staff is to the company. They are the most important part of our organisation.
2. In order to issue an insurance payment, we need to quantify in monetary terms how distressing the incident was to the claimant.
3. We need to quantify the risks we might face once the product is launched. This will help us to plan our responses.

Social Examples (Basic)

1. The study attempts to quantify the happiness of the countries citizens by measuring a number of markers of wellbeing.
2. Paid parental leave is a godsend to new families with many couples saying it is hard to quantify how beneficial it was to have time off work to spend with their new baby.