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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. 

TO GET SOMETHING OFF THE GROUND  

01 May 2024

phrase

  • To get something off the ground is to actually start something that has been planned.
Example Sentences: We have the plans to build this. Now, what do we have to do to get this off the ground?
Let's see if we can finally get this merger off the ground!
 

INSOLVENT /ɪnˈsɒl vənt/

01 Apr 2024

adjective

  • A person or company becomes insolvent if they are unable to pay their debts when they are due to be paid.
Example Sentences:Probably 90% of the adult population in this country are insolvent in real terms due mainly to mortgage debts.
After the loss of several major contracts, the company has become insolvent.
 

LIFE INSURANCE laɪf ɪnˈʃʊər əns

01 Mar 2024

Noun

  • insurance which pays family members when the person insured dies; usually pays more if the person dies by accident.
Example Sentence: I am thinking about getting life insurance to protect my family in case of an accident.
 

MAKE A RESERVATION
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01 Feb 2024
 

Phrase

  • make an arrangement to have something kept for you, for example, a seat on an aircraft, a room at a hotel or table at a restaurant.
Example Sentence: It is advisable to make a reservation several days in advance.

 

 

COMPLY WITH kəmˈplaɪ wɪθ

01 Jan 2024

Phrasal Verb

  • to follow or behave in line with an official rule.
Example Sentence: Does this product comply with our national safety standards?
 

LEVERAGE lɛvərɪdʒ

01 Dec 2023

Noun

  • the power to influence somebody's actions.
Example Sentence: Big companies have a lot of leverage over their business partners.
 

WHOLESALE hoʊlˌseɪl

01 Nov 2023

Noun

  • sold cheaply in large amounts, especially to shops, who resell the goods.
Example Sentence: They claim to sell their products at wholesale prices.
 

COMPETITIVE kəmˈpɛtɪtɪv

01 Oct 2023

Adjective

  • offering a price or service that is as good or better than other companies.
Example Sentence: They are offering the new computer at a very competitive price.
 

QUOTA kwoʊtə

01 Sep 2023

Noun

  • a limit set on the amount of imports which can come into a country.
Example Sentence: The country has set quotas on steel imports.
 

DECLINING MARKET  

01 Aug 2023

Phrase

  • a market that is becoming worse.
Example Sentence: The declining market in caravans is due to the growth of cheap airlines.
 

COME UP WITH  

01 Jul 2023

Phrasal Verb

  • think of.
Example Sentence: We need to come up with a solution to the problem.
 

HOLD UP hoʊld ʌp

01 Jun 2023

Phrasal Verb

  • delay.
Example Sentence: The match was held up for ten minutes as police cleared fans off the pitch.
 

SYNERGY sɪnərdʒi

01 May 2023

Noun

  • the increased result by combining two or more things.
Example Sentence: Working together we create a synergy that we couldn't do alone.
 

GET DOWN TO BUSINESS  

01 Apr 2023

Phrase

  • start doing the thing that you intend to do.
Example Sentence: Let's get down to business! What is the first item on the agenda?
 

TAKE (SOMETHING) AT FACE VALUE  

01 Mar 2023

Phrase

  • to take something that is said on its surface.
Example Sentence: I took my friend's comments at face value.
 
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