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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. 

REIMBURSE riɪmˈbɜrs

17 Mar 2024

Verb

  • the customer pays the expenses first and the insurance company pays the customer back after a claim is filed.
Example Sentence: I hope my insurance company reimburses those expenses soon—they totalled nearly $3,000!

 

 

DEPARTURE BOARD dɪˈpɑrtʃər bɔrd

17 Feb 2024

Noun

  • an electronic notice board giving details of all the flights leaving the airport or train station.
Example Sentence: According to the departure board, the next train to Manchester leaves in 10 minutes.

 

 

ITINERARY aɪˈtɪnəˈrɛri

17 Jan 2024

Noun

  • the plan of your travel, the places you will visit on a trip.
Example Sentence: Your tour guide will plan the itinerary of your holiday for your visit to Scotland.

 

 

SUBORDINATE səˈbɔrdnɪt

17 Dec 2023

Noun

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

BUYOUT baɪˌaʊt

17 Nov 2023

Noun

  • when a person or group buys control of a company.
Example Sentence: A private equity firm has completed its $3.5bn buyout of the UK music group.
 

MARK-UP mɑrk ʌp

17 Oct 2023

Noun

  • an increase in the price of something.
Example Sentence: There is a mark-up of 40% on these foreign imports.
 

TRANSPARENT trænsˈpɛərənt

17 Sep 2023

Adjective

  • clear and open for all to see.
Example Sentence: People want the government to have more transparent processes.
 

MAKE GAINS meɪk geɪns

17 Aug 2023

Phrase

  • to achieve a stronger position or get positive results (especially business)
Example Sentence: He's confident that the company will make gains in the near future.
 

BILL OF LADING  

17 Jul 2023

Noun

  • a receipt from a carrier confirming that the goods have been received.
Example Sentence: States may require freight carriers to provide their bill of lading.
 

SEND OFF sɛnd ɔf

17 Jun 2023

Phrasal Verb

  • post
Example Sentence: Have you sent off your application form yet?
 

BREAK UP breɪk ʌp

17 May 2023

Phrasal Verb

  • collapse.
Example Sentence: He may break up under all the stress.
 

RECEIVABLES rɪˈsivəbəls

17 Apr 2023

Noun

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

APPOINT əˈpɔɪnt

17 Mar 2023

Verb

  • to officially give somebody a job, task or responsibility
Example Sentence: He was appointed as head of the investigation.
 

RUN A MEETING  

17 Feb 2023

Phrase

  • to conduct a meeting.
Example Sentence: My boss is not able to run a meeting very well.
 

KEEP TRACK OF (SOMETHING)  

17 Jan 2023

Phrase

  • to keep a count or record of something.
Example Sentence: We have been making a great effort to keep track of the number of visitors of the centre.
 
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