Business Word/Phrase of the Day

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TO DISRUPT dɪsˈrʌpt

23 Apr 2018

Verb

  • to interrupt the normal continuity of the operation of something; to cause disorder in something.
Example Sentence: The natural catastrophe disrupted commerce and business in general in the whole country.
 

TO SUBCONTRACT sʌbkənˈtrækt

22 Apr 2018

Verb

  • to pay a (third party) company or a person to carry out work that you have been given a contract to do earlier.
Example Sentence: Though we subcontracted manufacturing ages ago, we think carrying out the tasks related to design ourselves is crucial if we want to maintain the quality our customers are used to.
 

TO WITHDRAW wɪðˈdrɔ

21 Apr 2018

Verb

  • to stop taking part in something or doing something.
Example Sentence: Air Asia withdrew its flights from Heathrow Airport in October.
 

TO ROLL OUT roʊlˌaʊt

20 Apr 2018

Noun

  • to launch a new product or service in a market.
Example Sentence: We have just finished testing our new product line and we are planning to roll it out early next year.
 

SLUSH FUND slʌʃ slʌʃ

19 Apr 2018

Noun

  • a certain amount of money kept for illegal and/or dishonest purposes, mainly for politics OR a reserve fund (not necessarily in the context of corruption).
Example Sentence: We all know that almost all the parties in this country have money that can be used as a little slush fund when needed.
 

CONSIDERABLE kənˈsɪdərəbəl

18 Apr 2018

Adjective

  • significant, large.
Example Sentence: The earthquake last week was devastating. The damage to our business operations was considerable.
 

TO PLUMMET plʌmɪt

16 Apr 2018

Verb

  • to decrease/go down very quickly (and perhaps unexpectedly).
Example Sentence: We wanted to sell our share in the business but then share prices plummeted and we decided to wait some more time.
 

TO DOWNSIZE daʊnˌsaɪz

15 Apr 2018

Verb

  • to cut the number of employees because the company wants to reduce costs.
Example Sentence: When the company decided to 'let me go' because they were downsizing, I started to panic. It took me two weeks to calm down and start thinking about what's next.
 

TO RELOCATE riˈloʊkeɪt

14 Apr 2018

Verb

  • to find a new location for a company to operate.
Example Sentence: The minimum wage in this country has gone up significantly. I'm afraid we'll have to relocate soon. How about South East Asia?
 

TO GET INTO GEAR  

13 Apr 2018

Phrase

  • to find the right pace of work and to become effective.
Example Sentence: It was very hard to get into gear at work this morning after last night's party but I think now I'm more or less OK
 

TO FREEZE friz

12 Apr 2018

Verb

  • to hold the price of a product, service, salaries, wages etc at the same level for some time.
Example Sentence: The government has decided to freeze wages in the public sector due to the after-effects of the economic crisis.
 

TO FIRE SOMEONE faɪər sʌmˌwʌn

11 Apr 2018

Verb

  • to officially terminate somebody's employment; to make someone leave their job.
Example Sentences: He was so bad at handling customer complaints that in the end we had to fire him.
Andy got fired last week because he turned out to be the spy of our competitor.
 

TO PUT YOUR EGGS ALL IN ONE BASKET  

10 Apr 2018

Phrase

  • to choose one particular thing over another and not rely on several choices at the same time.
Example Sentence: He really put all his eggs into on one basket and decided to leave all the other markets and concentrate solely on India.
 

INSOLVENT ɪnˈsɒlvənt

09 Apr 2018

Adjective

  • unable to pay debts.
Example Sentence: In order to avoid becoming insolvent he decided to open a savings account.
 

TO COME TO A HALT  

08 Apr 2018

Phrase

  • come to a stop in the process.
Example Sentence: The expansion of his company came to a halt when one of his employees embezzled a considerable
 
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