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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. 

QUARTERLY PREMIUM kwɔrtərli primiəm

Noun

  • the cost of the insurance, paid every 3 months.
Example Sentence: The quarterly premium is the annual premium divided by four.

 

 

PREMIUM primiəm

Noun

  • an amount to be paid for an insurance policy.
Example Sentence: My auto insurance premium increased by 25% this year because I had to make a claim last year.

 

 

POLICY GUIDE pɒləsi gaɪd

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.

 

 

FIRE INSURANCE faɪər ɪnˈʃʊər əns

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.
 

THEFT INSURANCE θɛft ɪnˈʃʊər əns

Noun

  • insurance which covers a home in case it is robbed or broken into by a thief.
Example Sentence: My computer and flat screen tv were both stolen and since I didn’t have theft insurance, I had to replace them both!
 

HOMEOWNERS INSURANCE hoʊmˌoʊ nərs ɪnˈʃʊər əns

Noun

  • insurance which covers a person’s home in case of fire, flood, earthquakes, hurricanes, theft, etc.
Example Sentence: After the typhoon last year, I was so glad that I had opened a homeowners insurance policy!
 

LIFE INSURANCE laɪf ɪnˈʃʊər əns

Noun

  • insurance which pays family members when the person insured dies; usually pays more if the person dies by accident.
Example Sentence: I am thinking about getting life insurance to protect my family in case of an accident.
 

AUTO INSURANCE ɔ toʊ ɪnˈʃʊər əns

Noun

  • insurance which covers automobile accidents, including medical costs and damage to automobile and property.
Example Sentence: Because of an accident last year, my auto insurance premiums have doubled.
 

WAKE-UP CALL  

Noun

  • a telephone call from the hotel reception at a pre-arranged time, usually early in the morning.
Example Sentence: Could you give a wake-up call at 5.30am?

 

 

BED AND BREAKFAST  

Noun

  • a type of accommodation offering up to about 10 rooms and limited services and facilities, although breakfast is included in the price of the room .
Example Sentence: I usually stay at a bed and breakfast because they’re cheaper than hotels.

 

 

FULLY BOOKED fʊli bʊk

Phrase

  • If a hotel is fully booked, all the rooms are taken; there are no rooms available.
Example Sentence: I’m afraid we’re fully booked on October 31.

 

 

CONFERENCE kɒnfərəns

Noun

  • an event, sometimes lasting a few days, at which there are a group of talks on a particular subject, or a meeting in which especially business matters are discussed formally.
Example Sentence: They frequently hold conferences at that hotel. This week there’s a conference on marketing in China.

 

 

COMPLIMENTARY PASS kɒmpləˈmɛntəri pæs

Noun

  • a card or voucher allowing guests to have a free meal, drink, etc. in the hotel.
Example Sentence: You can use this complimentary pass to get one free drink at our Skyline bar on the 10th floor.

 

 

CONTINENTAL BREAKFAST kɒntnˈɛntl brɛkfəst

Noun

  • a simple morning meal consisting of fruit juice, coffee, and bread with butter and jam
Example Sentence: The breakfast menu was very small. The only choices they had were a continental breakfast or cereal.

 

 

KEYPASS ki pas

Noun

  • an electronic key to enter a hotel room.
Example Sentence: Can you reset my keypass? It won’t let me enter my room.

 

 
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