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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. 

MAKE A COLD CALL  

07 Jan 2023

Phrase

  • to visit or telephone a potential but unknown customer.
Example Sentence: When he first started to work at his company the salesman was asked to make a cold call.
 

CLOSE UP SHOP  

07 Dec 2022

Phrase

  • to stop doing business (for a variety of reasons.)
Example Sentence: The university bookstore had to close up shop when their rent was increased.
 

GREEN SHOOTS grin ʃuts

07 Nov 2022

Noun

  • signs of recovery in times of an economic crisis or downturn.
Example Sentence: Today our chief economic correspondent will look at whether there are green shoots in the house building market this spring.
 

TO QUADRUPLE kwɒˈdrupəl

07 Oct 2022

Verb

  • to become four times bigger.
Example Sentence: Sales of this particular product have quadrupled in the past 2 months owing to the especially successful marketing campaign.
 

TO SUBCONTRACT sʌbkənˈtrækt

07 Sep 2022

Verb

  • to pay a (third party) company or a person to carry out work that you have been given a contract to do earlier.
Example Sentence: Though we subcontracted manufacturing ages ago, we think carrying out the tasks related to design ourselves is crucial if we want to maintain the quality our customers are used to.
 

TO FACILITATE fəˈsɪlɪˌteɪt

07 Aug 2022

Verb

  • to make an activity, a process etc easier to happen.
Example Sentence: Do you think a new marketing campaign would facilitate increasing sales?
 

RETURN ON INVESTMENT  

07 Jul 2022

Phrase

  • profit (or loss) on an investment, often expressed as a percentage.
Example Sentence: I initially invested $50,000 in the company. In the past 5 years, the company has paid me $150,000 in profit share. That’s what I call an excellent return on investment.
 

FUTURES fyutʃər

07 Jun 2022

Noun

  • Contracts to buy or sell securities at a future date.
Example Sentence: If you invest in futures and predict that a stock will decrease in value by a certain date, but the stock actually increases in value, you will lose money.
 

MERGED /mɜrdʒ/

07 May 2022

Verb

  • If two companies merge, they join together to form a single company
Example Sentences: When did Glaxo Welcome and Smithkline Beecham merge?
We merged with X company in 1990.
 

TO CREDIT AN ACCOUNT  

07 Apr 2022

Verb

  • to record money added to an account.
Example Sentence: The teller credited his account with his deposit of $50.
 

ENCRYPTION /ɪnˈkrip.ʃən/

07 Jun 2013

noun

  • the process of translating data into a secret code for protection purposes
Example Sentences:Your financial information is fully encrypted and cannot be accessed.
This file is encrypted. You will need a password to open it.
 

HACKING /hækɪŋ/

07 May 2013

verb

  • Hacking involves attacking and invading someone else's computer, usually for personal gain or just for the satisfaction of being able to invade someone else's computer. Hackers are usually computer experts who enjoy having the power to invade someone else's privacy.
Example Sentences:Our website is down. It’s been hacked.
Make sure your website has been checked for security weaknesses. Otherwise, you could get hacked.
 
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