Search Content

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. 

TO RUN A TIGHT SHIP  

10 May 2024

phrase

  • If someone runs a tight ship, they do their job or manage their department or organization in a very efficient manner.
Example Sentences: She's an excellent manager. She runs a really tight ship.
This department used to be run as a tight ship, but look at it now!
 

REGULAR CUSTOMER /reg′yə lər kus′tə mər/

10 Apr 2024

phrase

  • a customer who often buys a product or service from the same company
Example Sentences:We generally give better sales terms to our regular customers.
As I’m a regular customer, can you offer me a bigger discount?
 

CLAIM  kleɪm

10 Mar 2024

Noun

  • the filing of an accident, natural disaster or death in order to get money from insurance company.
Example Sentence: Have you filed a claim yet for that car accident?

 

 

BOARDING PASS bɔrdɪŋ pæs

10 Feb 2024

Noun

  • a card that a passenger must have to be allowed to enter a plane
Example Sentence: You must show your passport and boarding pass to the immigration official.

 

 

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.
 

REVAMP riˈvæmp

10 Dec 2023

Verb

  • to change something in order to make it better and more modern.
Example Sentence: The company plans to revamp all its outlets over the coming year.
 

DEPRECIATE dɪˈpriʃiˌeɪt

10 Nov 2023

Verb

  • to lose value, especially with time.
Example Sentence: In general, big cars tend to depreciate faster than smaller cars.
 

INCENTIVE ɪnˈsɛntɪv

10 Oct 2023

Noun

  • something that incites or encourages an action or greater effort.
Example Sentence: Many universities have started providing large incentives to encourage student enrolment.
 

STAFF TURNOVER stæf tɜrnˌoʊvər

10 Sep 2023

Noun

  • the rate with which employees leave and join a company.
Example Sentence: Morale is very low and so staff turnover is quite high.
 

FRANCHISE SOMETHING fræntʃaɪz

10 Aug 2023

Verb

  • to give somebody the exclusive right to sell your product in an area.
Example Sentence: They franchised the technology to a firm in China.
 

PUT DOWN pʊt daʊn

10 Jul 2023

Phrasal Verb

  • add.
Example Sentence: You can put my name down on the list.
 

PHASE OUT feɪz aʊt

10 Jun 2023

Phrasal Verb

  • stop over time.
Example Sentence: Sweden is planning to phase out its nuclear reactors by the year 2013.
 

STRIKE A DEAL  

10 May 2023

Verb

  • to successfully make a business agreement.
Example Sentence: After hours of negotiating, they managed to strike a deal.
 

OBSTACLE ɒbstəkəl

10 Apr 2023

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.
 

TIGHT SPOT taɪt spɒt

10 Mar 2023

Phrase

  • a difficult situation.
Example Sentence: The computer company has been in a tight spot since the shortage of computers.
 
Menu