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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. 

INSURANCE ASSESSMENT nˈʃʊərəns əˈsɛsmən

19 Mar 2024

Noun

  • the analysis done by the insurer to determine the specific costs of a claim.
Example Sentence: The assessment of these expenses will take approximately 2 weeks.

 

 

EXECUTIVE SUITE ɪgˈzɛkyətɪv swit

19 Feb 2024

Noun

  • a large, luxury room in a hotel often including a separate bedroom and living room.
Example Sentence: The executive suite is located on the top floor of the hotel beside the health spa.

 

 

ACCOMMODATION əˌkɒməˈdeɪʃən

19 Jan 2024

Noun

  • a place where people can live or sleep.
Example Sentence: We have not decided on our accommodation yet. We might stay with friends, in a hotel or maybe even rent a cottage!

 

 

TURNAROUND tɜrnəˌraʊnd

19 Dec 2023

Noun

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

CASHFLOW kæʃfloh

19 Nov 2023

Noun

  • the amount of money moving through a company.
Example Sentence: Accountants can advise on systems for managing cashflow.
 

MIDDLEMAN mɪdlˌmæn

19 Oct 2023

Noun

  • somebody who acts between two people/groups in business.
Example Sentence: Let's cut out the middleman and work directly with each other.
 

UNDERVALUED ʌndərˈvælyu

19 Sep 2023

Verb

  • not appreciated/priced as much as something should be.
Example Sentence: She feels that her work is undervalued by her new boss.
 

MARKET NICHE mɑrkɪt nɪtʃ

19 Aug 2023

Noun

  • a small but profitable segment of market.
Example Sentence: They found a market niche providing special chairs for elderly people.
 

BOOST bust

19 Jul 2023

Verb

  • to give extra energy or increase something, such as sales.
Example Sentence: They're hoping that the new ad campaign will boost sales.
 

SUM UP sʌm ʌp

19 Jun 2023

Phrasal Verb

  • summarise.
Example Sentence: The purpose of a conclusion is to sum up the main points of the essay.
 

BUILD UP bɪld ʌp

19 May 2023

Phrasal Verb

  • increase.
Example Sentence: There were big delays as traffic built up on the roads into the city.
 

RESTRUCTURE riˈstrʌktʃər

19 Apr 2023

Verb

  • to make changes to the organisation of a company.
Example Sentence: The new owner plans to restructure the failing car maker.
 

BANKRUPT bæŋkrʌp

19 Mar 2023

Noun

  • financially unable to continue business.
Example Sentence: The company went bankrupt due to mismanagement.
 

RUN SHORT rʌn ʃɔrt

19 Feb 2023

Phrase

  • to not have enough of something.
Example Sentence: They ran short of gasoline at the gas station and had to close early.
 

IN THE MARKET FOR (SOMETHING)  

19 Jan 2023

Phrase

  • to be ready to buy something, to want to buy something.
Example Sentence: We have been in the market for a new computer for a long time.
 
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