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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. 

AVAILABLE BALANCE /ə vāl′ə bəl bal′əns/

04 Apr 2024

phrase

  • The available balance is the portion of a customer's bank account balance on which the bank has placed no restrictions, making it available for immediate withdrawals.
Example Sentences:Would you like to transfer all your available balance into your fixed deposit account, sir?
My available balance is the same as my ledger balance so those cheques must have cleared.
 

FIRE INSURANCE faɪər ɪnˈʃʊər əns

04 Mar 2024

Noun

  • insurance which covers a home in case of fire.
Example Sentence: Fire insurance premiums are generally higher if you live in an old house or apartment building.
 

AISLE SEAT aɪl sit

04 Feb 2024

Noun

  • An aisle seat is a seat next to the long corridor running down a plane/train, etc.
Example Sentence: I prefer an aisle seat on a plane so that I can easily go to the toilet.

 

 

COPYRIGHT INFRINGEMENT kɒpiˌraɪt ɪnˈfrɪndʒmənt

04 Jan 2024

Noun

  • the illegal production and sale of a product protected by law.
Example Sentence: The record company is suing the man for copyright infringement.
 

OUTLOOK aʊtˌlʊk

04 Dec 2023

Noun

  • how the future looks based on current predictions.
Example Sentence: The outlook for small firms has worsened in recent months.
 

END USER ɛnd yuzər

04 Oct 2023

Noun

  • the person who uses a product or service.
Example Sentence: We need more feedback from end users.
 

ROYALTY rɔɪəlti

04 Sep 2023

Noun

  • money paid to somebody (esp. a writer/musician) when their work is used.
Example Sentence: He receives royalties every time the advert appears on TV.
 

DISPUTE dɪˈspyut

04 Aug 2023

Noun

  • argument.
Example Sentence: He left the company after a dispute with his manager.
 

FACE UP TO  

04 Jul 2023

Phrasal Verb

  • accept.
Example Sentence: Isn't it time you faced up to your responsibilities?
 

MAKE UP meɪk ʌp

04 Jun 2023

Phrasal Verb

  • create a story.
Example Sentence: I'd made up some story about having to go home to see my sick mother.
 

VENDOR vɛndər

04 May 2023

Noun

  • a person or agency that sells.
Example Sentence: Please call the vendor to confirm delivery one week in advance.
 

HEADHUNT hɛdˌhʌnt

04 Apr 2023

Noun

  • to search for the perfect person for a job and offer them a lot of money to do it.
Example Sentence: He was headhunted for the position.
 

TAKE MINUTES teɪk mɪnɪts

04 Mar 2023

Phrase

  • to write down the proceedings of a meeting.
Example Sentence: I usually take minutes at the monthly club meetings.
 

OUTSOURCE (SOMETHING)  

04 Feb 2023

Phrase

  • to use outside sources rather than those within a company.
Example Sentence: The manufacturing company outsourced many of their products.
 

CARRY A MOTION  

04 Dec 2022

Phrase

  • to support or win acceptance for a motion/proposal.
Example Sentence: I was able to carry a motion to cancel the activities for next week.
 
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