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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. 

FREIGHT / frāt/

18 Apr 2024


  • A transportation term meaning any goods transported by a vehicle or ship, and/or any charges incurred for such transport.
Example Sentences:What is the freight charge for sending a container of this size to the UK?
90% of all freight entering the country is transported by rail to China.

MEDICAL EXPENSES mɛdɪkəl ɪkˈspɛns

18 Mar 2024


  • the money spent in a hospital for medicine, doctors’ fees, tests, etc.
Example Sentence: Often medical expenses can be used when filing taxes each year.



RESERVATION rɛzərˈveɪʃən

18 Feb 2024


  • when you arrange to have something such as a seat on an aircraft or a table at a restaurant kept for you.
Example Sentence: Please confirm your reservation in writing by Friday.



BROCHURE broʊˈʃʊər

18 Jan 2024


  • a small leaflet or booklet usually advertising or giving some information.
Example Sentence: Please take a look at our brochure. It has all the details and opening times of the local museums.



TRADEOFF treɪdˌɔf

18 Dec 2023


  • a situation in which you accept something bad in exchange for something good.
Example Sentence: They may be willing to accept the tradeoff of a higher price for time saved.

CAPITAL EXPENDITURE kæpɪtl ɪkˈspɛndɪtʃər

18 Nov 2023


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

MEET DEMAND mit dɪˈmænd

18 Oct 2023


  • manage to supply enough of something.
Example Sentence: The company is struggling to meet the sudden demand.

UNDERPERFORM ʌndərpərˈfɔrm

18 Sep 2023


  • not doing as well as it should.
Example Sentence: The new mobile phone is underperforming on the Asian market.

MAKE SENSE meɪk sɛns

18 Aug 2023


  • to be logical, having considered all the facts.
Example Sentence: I think it makes sense for us to buy a new printer.

BOOM bum

18 Jul 2023


  • a period of economic improvement and increased consumption.
Example Sentence: There was a boom in the 1980s in the UK.

SLIP UP slɪp ʌp

18 Jun 2023

Phrasal Verb

  • make mistake.
Example Sentence: These figures don't make sense - have we slipped up somewhere?

BRING FORWARD brɪŋ fɔrwərd

18 May 2023

Phrasal Verb

  • make earlier.
Example Sentence: The book's publication date has been brought forward.

RECESSION rɪˈsɛʃən

18 Apr 2023


  • a period of economic decline and reduced consumption.
Example Sentence: After the boom of the 1980's the UK economy went into recession.

AXE æks

18 Mar 2023


  • to suddenly reduce or stop providing something.
Example Sentence: The product was axed a mere five weeks after it was launched.


18 Feb 2023


  • to place/put an advertisement in a publication.
Example Sentence: The government decided to run an ad to tell the public about the new gas tax.