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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. 

AUTO INSURANCE ɔ toʊ ɪnˈʃʊər əns

29 Feb 2024

Noun

  • insurance which covers automobile accidents, including medical costs and damage to automobile and property.
Example Sentence: Because of an accident last year, my auto insurance premiums have doubled.
 

MONUMENT mɒnyəmənt

29 Jan 2024

Noun

  • a statue or structure built to remember a person or an event.
Example Sentence: The Taj Mahal was built by an emperor in memory of his wife. It is a monument to eternal love.

 

 

CEMENT RELATIONS sɪˈmɛnt rɪˈleɪʃəns

29 Dec 2023

Phrase

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

INTELLECTUAL PROPERTY ɪntlˈɛktʃuəl prɒpərti

29 Nov 2023

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.
 

SURPLUS sɜrplʌs

29 Oct 2023

Noun

  • extra money that was not spent.
Example Sentence: The surplus is due to the falling energy costs.
 

CLINCH klɪntʃ

29 Sep 2023

Verb

  • to successfully close a difficult business deal.
Example Sentence: After 5 hours of negotiating, they finally clinched a deal.
 

PERK pɜrk

29 Aug 2023

Noun

  • an added benefit of something, especially a job.
Example Sentence: The company car is just one of the perks of my new job.
 

CONSIGNMENT kənˈsaɪnmənt

29 Jul 2023

Noun

  • a certain amount of deliverable products.
Example Sentence: The consignment of goods from Belgium is delayed.
 

CALL OFF kɔl ɔf

29 Jun 2023

Phrasal Verb

  • cancel.
Example Sentence: We've decided to call off Friday's meeting.
 

GET AT gɛt æt

29 May 2023

Phrasal Verb

  • to say indirectly.
Example Sentence: What are you getting at, Andy? Do you think I was wrong to tell her?
 

SUBORDINATE səˈbɔrdnˌeɪt

29 Apr 2023

Noun

  • somebody who is in a lower position than somebody else in an organisation.
Example Sentence: He was accused of abusing his subordinates.
 

DIVERSIFY dɪˈvɜrsəˌfaɪ

29 Mar 2023

Verb

  • to start providing more varied products or services.
Example Sentence: Farmers are being encouraged to diversify in order to survive.
 

GAIN GROUND geɪn graʊnd

29 Jan 2023

Phrase

  • to go forward, to make progress.
Example Sentence: Our company is gaining ground in its attempt to be the best in the industry.
 

IN THE BLACK  

29 Dec 2022

Phrase

  • to be successful, to be making money, to be profitable.
Example Sentence: The new company has been in the black for many years now.
 

BUY (SOMETHING) ON CREDIT  

29 Nov 2022

Phrase

  • to buy something without paying cash.
Example Sentence: My friend had no money so he decided to buy some furniture on credit.
 
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