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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. 

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.
 

PROVE pruv

07 Mar 2022

verb

  • Prove is the verb form of the noun proof. To prove is to show that something is true.
Example Sentences: They suspected that she'd killed him but they could never actually prove that it was her.
Computers have been used to prove mathematical theorems.
 

TO GIVE SOMEONE A GOLDEN HANDSHAKE  

07 Feb 2022

phrase

  • If someone is given a golden handshake, usually a large payment is made to them when they leave their job, either when their employer has asked them to leave or when they are leaving at the end of their working life, as a reward for very long or good service in their job.
Example Sentences: Tim was forced to leave his job but he was given a very generous golden handshake.
He was given a golden handshake of US$1 million when he retired after working with the company for 40 years.
 

GOODS /go̵odz/

07 Jan 2022

noun

  • Things we buy and sell that can be made or grown such as clothes, food and cars.
Example Sentences:What is the total value of the goods in this shipment?
The goods we ordered are currently in port awaiting clearance from customs.
 

KEYPASS ki pas

07 Dec 2021

Noun

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

 

 

TRAVEL INSURANCE trævəl ɪnˈʃʊərəns

07 Nov 2021

Noun

  • insurance which covers travellers in foreign countries, usually covers medical expenses, sometimes additional expenses.
Example Sentence: Travellers insurance is very important when traveling in developing or developed countries.

 

 

ITINERARY aɪˈtɪnəˈrɛri

07 Oct 2021

Noun

  • the plan of your travel, the places you will visit on a trip.
Example Sentence: Your tour guide will plan the itinerary of your holiday for your visit to Scotland.

 

 

TURNAROUND tɜrnəˌraʊnd

07 Sep 2021

Noun

  • an improvement following poor performance.
Example Sentence: The impressive sales figures are a dramatic turnaround for the company.
 

CAPITAL EXPENDITURE kæpɪtl ɪkˈspɛndɪtʃər

07 Aug 2021

Noun

  • the cost of long-term improvements.
Example Sentence: They do not have enough cashflow to cover their capital expenditure.
 
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