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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. 

CONTRACT OF SALE / kän′trakt′ ʌv sāl/

05 Apr 2024

phrase

  • Formal contract by which a seller agrees to sell and a buyer agrees to buy, under certain terms and conditions spelled out in writing in the document signed by both parties. An invoice, for example, is a contract of sale. Also called agreement of sale, contract for sale, sale agreement, or sale contract.
Example Sentences:An invoice is an example of a contract of sale.
Another term for contract of sale is agreement of sale.
 

POLICY GUIDE pɒləsi gaɪd

05 Mar 2024

Noun

  • a brochure (either paper or online) that details the company’s policies including benefits, policies and other information.
Example Sentence: The company sent me a policy guide that my husband and I read over carefully.

 

 

FREQUENT FLIER frikwənt flaɪər

05 Feb 2024

Noun

  • A frequent flier is a person who often travels by plane, especially someone who usually uses the same airline and belongs to that airline's club, which provides them with special advantages such as free flights.
Example Sentence: We are continually looking to offer our frequent flyers an upgraded experience.

 

 

CURRENCY CONTROL kɜrənsi kənˈtroʊl

05 Jan 2024

Noun

  • controlling the exchange of foreign money to protect domestic interests.
Example Sentence: The national bank is introducing currency controls to support industry.
 

OVERHEADS ˈoʊvərˈhɛds

05 Dec 2023

Noun

  • the costs you pay regularly when running your business, e.g. the cost of electricity, heating, phone bills etc.
Example Sentence: Since the new management laid off half of our workers our overheads have been an all-time low.
 

CARGO kɑrgoʊ

05 Nov 2023

Noun

  • the goods being transported by plane or ship.
Example Sentence: When the ship beached, much of the cargo floated ashore.
 

ENDORSE ɛnˈdɔrs

05 Oct 2023

Verb

  • (of famous people) to publically say that you think a product is good.
Example Sentence: The boxer endorses the energy drink in their latest commercial.
 

SLOGAN sloʊgən

05 Sep 2023

Noun

  • A phrase which a company creates to accompany a product.
Example Sentence: Which product had the slogan, 'You can't beat the feeling?'.
 

DOMESTIC dəˈmɛstɪk

05 Aug 2023

Adjective

  • relating to a country's internal economy or businesses.
Example Sentence: They are attempting to protect the domestic industries.
 

GET BACK gɛt bæk

05 Jul 2023

Phrasal Verb

  • respond.
Example Sentence: I'll get back to you on Friday with an answer.
 

MAKE UP FOR  

05 Jun 2023

Phrasal Verb

  • compensate.
Example Sentence: This year's good harvest will make up for last year's bad one.
 

AMORTISATION əˌmɔːtaɪˈzeɪʃən

05 May 2023

Noun

  • the repayment of debt in small regular amount.
Example Sentence: Company earnings before interest, tax and amortisation grew by 10%.
 

INTELLECTUAL PROPERTY ɪntlˈɛktʃuəl prɒpərti

05 Apr 2023

Noun

  • something that somebody creates which has value, esp. music, art, text, etc.
Example Sentence: The designer claims that her intellectual property rights were infringed.
 

TAKE ON (AN EMPLOYEE)  

05 Mar 2023

Phrase

  • to give a job to someone, to hire someone.
Example Sentence: The company took on many new workers during the busy holiday season.
 

OVERNIGHT (SOMETHING) oʊvərˈnaɪt

05 Feb 2023

Phrase

  • to send a document or package somewhere for delivery the next day.
Example Sentence: We decided to overnight the new contract to our supplier.
 
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