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Business Word/Phrase of the Day

word-phrase-descEvery day we publish a business word or phrase together with audio pronunciation, phonetics, definition and example sentences. This is a great way to improve your workplace vocabulary as well as your pronunciation. To receive 'Business Word/Phrase of the Day' by email, just subscribe to our newsletter from the link above. 

FACE-TO-FACE feɪs tu feɪs

13 Jan 2024

Phrase

  • in the same place, especially of meetings.
Example Sentence: We had our first face-to-face meeting on Wednesday.
 

EXTENSIVE ɪkˈstɛnsɪv

12 Jan 2024

Adjective

  • covering a large area or range.
Example Sentence: They carried out extensive market research before the launch.
 

EXCLUSIVE ɪkˈsklusɪv

11 Jan 2024

Adjective

  • not shared with others; only for a certain group.
Example Sentence: They have the exclusive right to sell the product in Japan.
 

EXCEED ɪkˈsid

10 Jan 2024

Verb

  • to go beyond a certain number or point.
Example Sentence: Costs will exceed last year's projections if we do not act soon.
 

ESSENCE ɛsəns

09 Jan 2024

Noun

  • the most important part of an idea, a system etc.
Example Sentence: The essence of her message was that costs must be reduced.
 

DIRECT MAIL dɪˈrɛkt meɪl

08 Jan 2024

Noun

  • a form of advertising when promotional letters are sent to potential customers.
Example Sentence: They started to promote their service by using direct mail.
 

DEREGULATION diˈrɛgyəˌleɪt

07 Jan 2024

Noun

  • the reduction of rules that aim to control an industry .
Example Sentence: Their success is partly due to deregulation of the industry.
 

CUSTOMER LOYALTY kʌstəmər lɔɪəlti

06 Jan 2024

Noun

  • the likelihood customers will stay with a company and resist competitive offers.
Example Sentence: The supermarket is hoping to boost customer loyalty with the new reward scheme.
 

CURRENCY CONTROL kɜrənsi kənˈtroʊl

05 Jan 2024

Noun

  • controlling the exchange of foreign money to protect domestic interests.
Example Sentence: The national bank is introducing currency controls to support industry.
 

COPYRIGHT INFRINGEMENT kɒpiˌraɪt ɪnˈfrɪndʒmənt

04 Jan 2024

Noun

  • the illegal production and sale of a product protected by law.
Example Sentence: The record company is suing the man for copyright infringement.
 

COPYCAT kɒpiˌkæt

03 Jan 2024

Noun

  • something which is an intentional imitation/copy of something else.
Example Sentence: Following their success, there are many more copycats appearing.
 

CONCESSION kənˈsɛʃən

02 Jan 2024

Noun

  • the act of accepting less than you originally wanted.
Example Sentence: They made a concession by dropping the price.
 

COMPLY WITH kəmˈplaɪ wɪθ

01 Jan 2024

Phrasal Verb

  • to follow or behave in line with an official rule.
Example Sentence: Does this product comply with our national safety standards?
 

COMMERCIAL kəˈmɜrʃəl

31 Dec 2023

Noun

  • an advertisement on the television.
Example Sentence: He went to make a coffee during the commercial break.
 

CHAIN tʃeɪn

30 Dec 2023

Noun

  • many shops that are run under the same name, brand & owner.
Example Sentence: The supermarket chain is opening a new store in the town.
 
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