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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. 

IN BLACK AND WHITE  

28 Dec 2022

Phrase

  • in writing.
Example Sentence: The company refused to deal with the customer's complaints until they were put in black and white.
 

BUDGET CRUNCH/SQUEEZE  

28 Nov 2022

Phrase

  • a situation where there is not enough money in the company.
Example Sentence: There is a severe budget squeeze at our company and we must stop wasting money.
 

BRAND AWARENESS brænd əˈwɛərnɛs

28 Oct 2022

Noun

  • the extent to which a brand is recognised by the public.
Example Sentence: The ad campaign aims to boost brand awareness in the country.
 

GROSS NATIONAL PRODUCT  

28 Sep 2022

Noun

  • the total value of all the services and goods produced by a certain country a year including the income from abroad.
Example Sentence: Why should we be happy when our GNP increases?' It is a question every economist can answer very easily.
 

TO FIRE SOMEONE faɪər sʌmˌwʌn

28 Aug 2022

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 SKYROCKET skaɪˌrɒkɪt

28 Jul 2022

Verb

  • if share prices, market prices, wages etc SKYROCKET, they rise really quickly and to a high level.
Example Sentence: We only managed to survive last year because share prices in this sector unexpectedly skyrocketed and it saved us from going bust.
 

TAX HAVEN tæks heɪvən

28 Jun 2022

Noun

  • Is a country where companies or individuals may legally take advantage of lower taxation levels.
Example Sentence: Well-known tax havens include: Bermuda, British Virgin Islands, Gibraltar and the Isle of Man.
 

WHITE COLLAR WORKERS  

28 May 2022

Phrase

  • Are people who work in offices, doing work that needs mental rather than physical effort. White collar workers are generally better educated and more highly paid.
Example Sentence: Jim is a typical white collar worker – university-educated, middle-class background, working for a well-known high-street bank.
 

THE GRAVY TRAIN  

28 Apr 2022

Phrase

  • The gravy train is a way of making money quickly, easily, and often dishonestly.
Example Sentences: With no end to the property boom in sight, speculators are continuing to ride the gravy train.
 

BREAK INTO /breɪk ɪntʊ/

28 Mar 2022

Phrasal Verb

  • to start to use money that you have saved.
Example Sentence: I broke into my savings to buy a beautiful diamond engagement ring for my girlfriend.
 

TO WITHDRAW wɪðˈdrɔ

28 May 2020

Verb

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

WORM /wɝːm/

28 May 2013

noun

  • Similar to a virus, this is a harmful computer program that self-replicates. Worms replicate by making copies of themselves. Typically, worms do not require a person to run them; they replicate automatically.
Example Sentences:What is the difference between a virus and a worm?
Many worms that have been created are only designed to spread, and don't attempt to alter the systems they pass through.
 

TO HAND IN ONE’S RESIGNATION  

28 Aug 2012

phrase

  • to inform your employer in writing that you wish to leave your job
Example Sentences:I handed in my resignation this morning to my manager.
When a head hunter approached me about another job, I immediately handed in my resignation.
 
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