LIKE FOR LIKE Meaning and
Definition
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Like for like is a term used to describe a comparison or exchange of items or services that are similar or equivalent. It refers to a situation in which two or more things are compared in terms of their similarities or comparable aspects.
In business, the like for like concept is often applied to measure the growth or performance of a business or a specific segment within it. When assessing like for like sales, for instance, a comparison is made between the sales performance of a business over a specific period, taking into account only those stores or branches that have been in operation during both the current and previous periods. This allows for a more accurate evaluation of sales growth by eliminating the impact of any new store openings or closures.
The like for like comparison can also be observed in the world of social media or online platforms. It refers to the practice of reciprocating a positive action, such as a "like" or engagement, for another person's content, often in the hopes of gaining increased visibility and engagement in return. This can be seen in the context of platforms like Instagram, where users engage with each other's posts by liking, commenting, or sharing them in the hopes of receiving similar engagement on their own content.
Overall, like for like signifies a comparison or exchange based on similarities or equivalents, whether it be in sales performance, consumer actions, or various other contexts.
Common Misspellings for LIKE FOR LIKE
- kike for like
- pike for like
- oike for like
- luke for like
- ljke for like
- lkke for like
- loke for like
- l9ke for like
- l8ke for like
- lije for like
- lime for like
- lile for like
- lioe for like
- liie for like
- likw for like
- liks for like
- likd for like
- likr for like
- lik4 for like
- lik3 for like
Idioms with the word LIKE FOR LIKE
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like for like
The idiom "like for like" refers to the comparison of items, products, or services that are similar in quality, type, or value. It is used to emphasize the exchange or substitution of items that are comparable in terms of characteristics or attributes.
