Business Word/Phrase of the Day

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TO ENDORSE A CHEQUE  

21 Dec 2019

Verb

  • to sign the cheque on the back.
Example Sentence: She endorsed the back of the cheque in order to cash it.
 

LATER leɪtər

21 Nov 2019

adjective

  • Later is the comparative form of the adjective late, meaning (happening or being) near the end of a period of time.
Example Sentences: Jenny said she'd be joining the meeting later.
He arrived a little later than expected.
 

TO CORNER THE MARKET  

21 Oct 2019

phrase

  • If a company corners the market for a particular type of product, it is more successful than any other company at selling the product.
Example Sentences: He's the only person who imports this product. He's really cornered the market.
MacDonald's have cornered the fast-food market - they're in every big city in the world.
 

WHOLESALE PRICE /ˈhoʊlˌseɪl prīs/

21 Sep 2019

phrase

  • the price of goods charged to shops and businesses for buying large quantities of the goods
Example Sentences:The wholesale price of goods is always cheaper than the retail price.
If you buy this bed in a shop, you’ll pay around $600. However, the wholesale price is only $400.
 

DEREGULATION diˈrɛgyəˌleɪt

21 Aug 2019

Noun

  • the reduction of rules that aim to control an industry .
Example Sentence: Their success is partly due to deregulation of the industry.
 

RAISE CAPITAL reɪz kæpɪtl

21 Jul 2019

Phrase

  • to try to get money for a business venture.
Example Sentence: The factory was sold to raise capital.
 

CONSENSUS kənˈsɛnsəs

21 Jun 2019

Noun

  • an opinion that all members of a group agree with.
Example Sentence: There was a general consensus that action was required.
 

FREE MARKET fri mɑrkɪt

21 May 2019

Noun

  • a market that is not influenced by the government.
Example Sentence: He supports a free market for goods in Europe.
 

SLUGGISH slʌgɪʃ

21 Apr 2019

Adjective

  • slow.
Example Sentence: Overall growth remains sluggish, held back by rising inflation.
 

DUMPING dʌmpɪn

21 Mar 2019

Verb

  • when goods are sold abroad for a much cheaper price.
Example Sentence: Dumping enables companies to offload unwanted stock.
 

PUT DOWN pʊt daʊn

21 Feb 2019

Phrasal Verb

  • add.
Example Sentence: You can put my name down on the list.
 

PAY UP peɪ ʌp

21 Jan 2019

Phrasal Verb

  • give money.
Example Sentence: You must pay up by Friday.
 

HOSTILE TAKEOVER BID  

21 Dec 2018

Phrase

  • an aggressive attempt by a company to buy control of another company.
Example Sentence: Their French rival has launched a hostile takeover bid.
 

LEVERAGE lɛvərɪdʒ

21 Nov 2018

Noun

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

TAKE OVER (SOMETHING)  

21 Oct 2018

Phrase

  • to take control or possession of something.
Example Sentence: The government decided to take over the bank after it declared bankruptcy.
 
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