Business Word/Phrase of the Day

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CONCESSION kənˈsɛʃən


25 May 2015

Noun

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

COMPLY WITH kəmˈplaɪ wɪθ


24 May 2015

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


23 May 2015

Noun

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

CHAIN tʃeɪn


22 May 2015

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.
 

CEMENT RELATIONS sɪˈmɛnt rɪˈleɪʃəns


21 May 2015

Phrase

  • to make a relationship stronger.
Example Sentence: The week long team building really cemented relations in the group.
 

CARRIER kæriər


20 May 2015

Noun

  • the company responsible for transporting freight.
Example Sentence: The carrier will deliver the goods to the port in Hong Kong.
 

CAMPAIGN kæmˈpeɪn


19 May 2015

Noun

  • a group of activities that want to achieve a particular aim.
Example Sentence: They've launched a new advertising campaign on the TV.
 

BUDGET CONSTRAINT bʌdʒɪt kənˈstreɪnt


18 May 2015

Noun

  • things that limit the amount of money that can be spent.
Example Sentence: The department manager was restricted by strict budget constraints.
 

BROCHURE broʊˈʃʊər


17 May 2015

Noun

  • a magazine that advertises a company's products or services.
Example Sentence: I saw some holiday brochures on the table. Are you going away?
 

BREAK OFF breɪkˌɔf


16 May 2015

Phrasal Verb

  • (of a relationship) to finish completely.
Example Sentence: The two countries broke off relations following the diplomatic dispute.
 

BRAND LOYALTY brænd lɔɪəlti


15 May 2015

Noun

  • a group's willingness to continue buying the same product.
Example Sentence: Their sales did not fall due to their customer's brand loyalty.
 

APTITUDE TEST æptɪˌtud tɛst


14 May 2015

Noun

  • a test which measures a person's ability to do a certain job.
Example Sentence: Candidates will be required to complete an aptitude test.
 

ADVENT ædvɛnt


13 May 2015

Noun

  • the arrival of something that has been waited for a long time.
Example Sentence: The advent of affordable electric vehicles will help the environment.
 

UNDERCUT ʌndərˈkʌt


12 May 2015

Verb

  • to charge less than a competitor.
Example Sentence: They have reduced their price to undercut their rivals.
 

TURNAROUND tɜrnəˌraʊnd


11 May 2015

Noun

  • an improvement following poor performance.
Example Sentence: The impressive sales figures are a dramatic turnaround for the company.
 
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