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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. 

TAKE A NOSEDIVE  

Phrase

  • to collapse, to decrease in value.
Example Sentence: The stock market took a nosedive when the earnings of the oil company decreased.
 

A KICKBACK kɪkˌbæk

Noun

  • an amount of money that is paid illegally for favours.
Example Sentence: The construction company was giving kickbacks to the local politicians.
 

IN THE RED  

Phrase

  • to be losing money, to be unprofitable.
Example Sentence: The company has been in the red since the price of oil began to rise rapidly.
 

TO BUY A STAKE IN (SOMETHING)  

Phrase

  • to buy part ownership of a company or other enterprise.
Example Sentence: The large bank is planning to buy a stake in the small stock trading company.
 

AMORTISATION əˌmɔːtaɪˈzeɪʃən

Noun

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

TO REAP rip

Verb

  • to get something as a result of an activity.
Example Sentence: The German car maker expects to reap 56% of its profits in Asia next year.
 

CONSIDERABLE kənˈsɪdərəbəl

Adjective

  • significant, large.
Example Sentence: The earthquake last week was devastating. The damage to our business operations was considerable.
 

FRAUD frɔd

Noun

  • the act cheating somebody with the purpose of getting something (products, money etc) illegally.
Example Sentence: He was involved in a one billion dollar fraud.
 

CASH RICH kæʃ rɪtʃ

Noun

  • describes someone who has most of the wealth in cash.
Example Sentence: I keep all my money in the bank in a high-interest account. I consider myself to be cash rich.
 

DIVIDEND dɪvɪˌdɛnd

Noun

  • A portion of a company's earnings which is paid to the shareholders/stockholders on a quarterly or annual basis.
Example Sentence: Dividends of US$0.4 per share will be paid out to shareholders on March 31 after a year of record profits.
 

THE HIGH LIFE  

Phrase

  • The high life is an exciting way of living in which rich and successful people enjoy themselves.
Example Sentences: After years of living the high life, I just want to settle down, have kids and live quietly.
 

TO CASH A CHEQUE  

Verb

  • to exchange a paper cheque for money.
Example Sentence: Ms Jones cashed a cheque she had received from selling her investments.
 

PROOF pruf

noun

  • Proof is a noun and means a fact or piece of information which shows that something exists or is true.
Example Sentences: Do they have any proof that it was Hampson who stole the goods?
Keep your receipt as proof of purchase.
 

TO CORNER THE MARKET  

phrase

  • If a company corners the market for a particular type of product, it is more successful than any other company at selling the product.
Example Sentences: He's the only person who imports this product. He's really cornered the market.
MacDonald's have cornered the fast-food market - they're in every big city in the world.
 

WHOLESALE PRICE /ˈhoʊlˌseɪl prīs/

phrase

  • the price of goods charged to shops and businesses for buying large quantities of the goods
Example Sentences:The wholesale price of goods is always cheaper than the retail price.
If you buy this bed in a shop, you’ll pay around $600. However, the wholesale price is only $400.
 
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