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. To receive 'Business Word/Phrase of the Day' by email, just subscribe to our newsletter. You can choose whether to receive notifications daily, weekly or monthly. Simply click on the link on the right to subscribe. It's free! In addition, we publish a monthly online test of all the words and phrases over the past month.

RECEIVABLES rɪˈsivəbəls


10 February 2012

Noun

  • money that a business expects to receive.
Example Sentence: The company generates roughly $400 million in receivables annually.
 

PROFITABLE prɒfɪtəbəl


09 February 2012

Adjective

  • making money or likely to make money in the future.
Example Sentence: The most profitable industries are those that are difficult to enter.
 

RAISE CAPITAL reɪz kæpɪtl


09 February 2012

Phrase

  • to try to get money for a business venture.
Example Sentence: The factory was sold to raise capital.
 

PARENT COMPANY pɛərənt kʌmpəni


07 February 2012

Noun

  • a company that owns control of one or more subsidiary companies.
Example Sentence: It is the parent company of several publishing firms.
 

OVERHEADS oʊvərˈhɛds


06 February 2012

Noun

  • regular costs that a business must pay, such as electricity, salaries, etc.
Example Sentence: Internet companies have much lower overheads.
 

OUTLOOK aʊtˌlʊk


05 February 2012

Noun

  • how the future looks based on current predictions.
Example Sentence: The outlook for small firms has worsened in recent months.
 

ON SCHEDULE ɒn skɛdʒul


04 February 2012

Phrase

  • on time, according to a plan.
Example Sentence: He says that the building project is still on schedule.
 

OBSTACLE ɒbstəkəl


03 February 2012

Noun

  • something which makes it difficult to do something or get somewhere.
Example Sentence: Companies say that corruption is still the biggest obstacle in the region.
 

MOGUL moʊgəl


02 February 2012

Noun

  • a very wealthy or powerful person in business.
Example Sentence: He is described as the world’s most powerful media mogul.
 

MINUTES mɪnɪts


01 February 2012

Noun

  • the official notes taken in a meeting.
Example Sentence: The secretary took the minutes during the meeting.
 

LEVERAGE lɛvərɪdʒ


31 January 2012

Noun

  • the power to influence somebody's actions.
Example Sentence: Big companies have a lot of leverage over their business partners.
 

LETTER OF CREDIT  


30 January 2012

Noun

  • a letter from a bank that guarantees a payment to a specified person.
Example Sentence: The seller requires a letter of credit to secure payment.
 

INTELLECTUAL PROPERTY ɪntlˈɛktʃuəl prɒpərti


29 January 2012

Noun

  • something that somebody creates which has value, esp. music, art, text, etc.
Example Sentence: The designer claims that her intellectual property rights were infringed.
 

HEADHUNT hɛdˌhʌnt


28 January 2012

Noun

  • to search for the perfect person for a job and offer them a lot of money to do it.
Example Sentence: He was headhunted for the position.
 

HAND IN YOUR NOTICE  


27 January 2012

Phrase

  • to officially tell your company that you are leaving the job.
Example Sentence: He handed in his notice when he heard that he had got the new job.
 
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