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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. 

KEEP BOOKS kip bʊks

18 Jan 2023

Phrase

  • to keep records of money that is gained or spent.
Example Sentence: The new sales manager does not know how to keep books and he has made many mistakes.
 

FIT THE BILL  

18 Dec 2022

Phrase

  • to be just what is needed.
Example Sentence: The new machine should fit the bill for what we need to finish the job.
 

BANG FOR THE BUCK  

18 Nov 2022

Phrase

  • value for the money spent.
Example Sentence: We were able to get much bang for our buck when we advertised on the Internet.
 

ALLIANCE əˈlaɪəns

18 Oct 2022

Noun

  • a group which is held together by an agreement, especially political or military.
Example Sentence: The UK and US formed a military alliance in Iraq.
 

A SENSE OF ACCOMPLISHMENT  

18 Sep 2022

Noun

  • the feeling that you have achieved something impressive, usually with a lot of work.
Example Sentence: When Sam drank his first home-made wine he felt a sense of accomplishment.
 

OVERHEADS oʊvərˈhɛds

18 Aug 2022

Adjective

  • regular costs that a business must pay, such as electricity, salaries, etc.
Example Sentence: Internet companies have much lower overheads.
 

RETAIL riteɪl

18 Jul 2022

Adjective

  • related to the selling of goods in small quantities (e.g. in a store).
Example Sentence: The retail price was reduced by 30% after the holidays.
 

SPECULATOR spɛkyəˌleɪtər

18 Jun 2022

Noun

  • Someone who buys and sells stocks and shares in the hope of making a profit through changes in their value.
Example Sentence: A property speculator is interested in buying some farmland from us. He hopes to be able to build houses on it one day.
 

STOCK OPTIONS stɒk ɒpʃən

18 May 2022

Phrase

  • Are options, usually given to employees, to purchase stock in the company at a future date.
Example Sentence: After working for Microsoft for more than 10 years, I was able to cash in my stock options and retire comfortably at the age of 42.
 

LOAN SHARK /loʊn ʃɑrk/

18 Apr 2022

Phrase

  • A loan shark charges very large amounts for lending money to someone.
Example Sentence: The loan shark, Gary Mills, made his money by charging a massive 25% interest a week.
 

WORK EXPERIENCE /wɜːk ɪkˈspɪə.ri.ənt s/

18 Aug 2015

phrase

  • a short unpaid period of time at a workplace, to gain experience of a working environment
Example Sentences:I’m working for the company unpaid for a few days just to gain work experience.
Although I was only employed by the company for a week, it was very valuable work experience.
 

TO ACCESS /ˈæk.ses/

18 May 2013

verb

  • to open a computer file, network or website in order to look at or change information in it
Example Sentences:This won’t fix all of the issues, but it will certainly make it harder for hackers to access sensitive information.
I can’t access the website right now. Do you know if it’s down?
 
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