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neft

 

Definitions from the Web

Term: Neft

Noun (1):

A type of crude oil that has a low density and tends to float on water. Neft is often used as a trade term for light crude oil produced in Russia and other countries.

Example sentence: The company specializes in the production and export of neft, which is highly sought after in the global market.

Noun (2):

A system used for electronic funds transfer (EFT) in Russia, inspired by the Western Union system. Neft allows individuals and businesses to transfer money electronically.

Example sentence: With the neft system, you can easily send money to anyone within the country without the need for physical cash.

Adjective:

Referring to something or someone from the local area or relating to a specific community or region.

Example sentence: The neft festival showcases a wide range of local arts and crafts, attracting visitors from all over the country.

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