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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. 

GO THROUGH WITH (SOMETHING)  

24 Jan 2023

Phrase

  • to do something as planned or as agreed.
Example Sentence: We will not go through with our plans to build the new product until we have sold our stock.
 

TO HAVE A STAKE IN (SOMETHING)  

24 Dec 2022

Phrase

  • to have part ownership of a company or other business.
Example Sentence: The large oil company has a stake in the new oil exploration company.
 

BOTTOM OUT bɒtəm aʊt

24 Nov 2022

Phrasal Vetb

  • to reach the lowest or worst point.
Example Sentence: The value of the stock has begun to bottom out and it should soon begin to rise again.
 

INNOVATE ˈɪnəˌveɪt

24 Oct 2022

Verb

  • to create, develop or design new technology or products.
Example Sentence: The mobile phone industry constantly needs to innovate.
 

TO FLOP flɒp

24 Sep 2022

Verb

  • to fail completely.
Example Sentence: Their new line of dishwashers flopped in Asia because they did not take into account size differences.
 

TO HAVE ONE’S FEET ON THE GROUND  

24 Aug 2022

Phrase

  • to be sensible.
Example Sentence: Despite his huge sudden success in business he manages to keep his feet on the ground.
 

ACQUISITION ækwəˈzɪʃən

24 Jul 2022

Noun

  • the activity when one company buys another one.
Example Sentence: Our company is planning to make acquisitions in the Far East for strategic reasons.
 

TAX ALLOWANCES tæks əˈlaʊəns

24 Jun 2022

Noun

  • Are concessions by the Inland Revenue which can be used to reduce a person's Taxable Income.
Example Sentence: Do you know how much the tax allowance is for a married person in Hong Kong?
 

GARDEN LEAVE gɑrdn liv

24 May 2022

Phrase

  • Paid cooling off period, typically three months, that your contract stipulates you cannot work before starting a new job. This is used by financial firms, in particular, to prevent people walking straight into a new job with hot information.
Example Sentence: He quit and was offered a job by one of the main competitors. He’s on garden leave for a few months.
 

UNEMPLOYMENT BENEFIT /ʌnɛmˈplɔɪmənt bɛnəfɪt/

24 Apr 2022

Noun

  • Unemployment benefit is regularly paid by the government to people who do not have a job.
Example Sentence: Over 2 million people in the United Kingdom receive unemployment benefit.
 

PAY OFF peɪ ɒf

24 Mar 2022

Phrase

  • to succeed, to yield good results.
Example Sentence: I hope that our plans for the new business will pay off.
 

SECURITY AUDIT /sɪˈkjʊə.rɪ.ti ˈɔː.dɪt/

24 Oct 2013

phrase

  • an assessment of a security system that checks for problems and points of weakness
Example Sentences:I’ve received a report from the security audit that certain areas of our site are vulnerable to hacking.
If you feel there is still a weakness in the security of our website, we should have another security audit carried out.
 

ANTI-VIRUS SOFTWARE  

24 May 2013

phrase

  • a computer programme designed to detect viruses and any other harmful computer code, and prevent them from infecting your computer, network, website, etc.
Example Sentences:Norton is probably the best-known anti-virus software.
My anti-virus software is set to scan my computer on a weekly basis.
 

GOLDEN HANDSHAKE /ˈgəʊl.dən ˈhænd.ʃeɪk/

24 Aug 2012

phrase

  • a usually large payment made to someone when they leave their job, either when their employer has asked them to leave or when they are leaving at the end of their working life, as a reward for very long or good service in their job
Example Sentences:She's set up a production company with her golden handshake.
I wonder how much his golden handshake was worth.
 
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