Results 1 to 5 of 5
  1. Senior Member
    Interested in Language
    • Member Info
      • Native Language:
      • Urdu
      • Home Country:
      • Pakistan
      • Current Location:
      • Pakistan

    • Join Date: Mar 2016
    • Posts: 502
    #1

    Does "to hit on" mean "to damage" in this particular context?

    Does to "hit on" mean "to damage" in this particular context?

    Vedanta said the government's decision to raise underground mining royalties to 8 percent of gross revenue from 6 percent starting from 2015 would result in a $15 million hit on core earnings in the current quarter.

    Regards,
    Aamir the Global Citizen

  2. Moderator
    Retired English Teacher
    • Member Info
      • Native Language:
      • English
      • Home Country:
      • England
      • Current Location:
      • England

    • Join Date: Jun 2010
    • Posts: 26,864
    #2

    Re: Does "to hit on" mean "to damage" in this particular context?

    No. It's not the phrasal verb 'to hit on'. The word 'hit' is a noun meaning 'reduction'.

    Always tell us the source of quotations, please.

  3. Senior Member
    Interested in Language
    • Member Info
      • Native Language:
      • Urdu
      • Home Country:
      • Pakistan
      • Current Location:
      • Pakistan

    • Join Date: Mar 2016
    • Posts: 502
    #3

    Re: Does "to hit on" mean "to damage" in this particular context?

    Quote Originally Posted by Rover_KE View Post

    Always tell us the source of quotations, please.
    It is from a press release from Reuters, here is the source.

    http://www.reuters.com/article/vedan...0V95J520150130

  4. Senior Member
    Interested in Language
    • Member Info
      • Native Language:
      • Urdu
      • Home Country:
      • Pakistan
      • Current Location:
      • Pakistan

    • Join Date: Mar 2016
    • Posts: 502
    #4

    Re: Does "to hit on" mean "to damage" in this particular context?

    Can we replace "hit on" with "reduction in?
    As 'would result in a $15 million reduction in core earnings".

  5. VIP Member
    Interested in Language
    • Member Info
      • Native Language:
      • American English
      • Home Country:
      • United States
      • Current Location:
      • United States

    • Join Date: Dec 2015
    • Posts: 12,079
    #5

    Re: Does "to hit on" mean "to damage" in this particular context?

    Quote Originally Posted by Aamir Tariq View Post
    Can we replace "hit on" with "reduction in?
    As 'would result in a $15 million reduction in core earnings".
    Yes.
    I am not a teacher.

Similar Threads

  1. Replies: 1
    Last Post: 04-Sep-2016, 21:30
  2. Replies: 4
    Last Post: 17-Sep-2012, 04:23
  3. Replies: 19
    Last Post: 16-Apr-2011, 11:30
  4. "Destroy", "Damage", "Break"?
    By devonpham1998 in forum General Language Discussions
    Replies: 2
    Last Post: 24-Dec-2010, 22:37
  5. [General] What does "hit" means in this context?
    By little-gold-fish in forum Ask a Teacher
    Replies: 2
    Last Post: 13-Mar-2009, 07:29

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •