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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. 

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.

 

 

FREQUENT FLIER frikwənt flaɪər

Noun

  • A frequent flier is a person who often travels by plane, especially someone who usually uses the same airline and belongs to that airline's club, which provides them with special advantages such as free flights.
Example Sentence: We are continually looking to offer our frequent flyers an upgraded experience.

 

 

CURRENCY CONTROL kɜrənsi kənˈtroʊl

Noun

  • controlling the exchange of foreign money to protect domestic interests.
Example Sentence: The national bank is introducing currency controls to support industry.
 

OVERHEADS ˈoʊvərˈhɛds

Noun

  • the costs you pay regularly when running your business, e.g. the cost of electricity, heating, phone bills etc.
Example Sentence: Since the new management laid off half of our workers our overheads have been an all-time low.
 

CARGO kɑrgoʊ

Noun

  • the goods being transported by plane or ship.
Example Sentence: When the ship beached, much of the cargo floated ashore.
 

ENDORSE ɛnˈdɔrs

Verb

  • (of famous people) to publically say that you think a product is good.
Example Sentence: The boxer endorses the energy drink in their latest commercial.
 

SLOGAN sloʊgən

Noun

  • A phrase which a company creates to accompany a product.
Example Sentence: Which product had the slogan, 'You can't beat the feeling?'.
 

DOMESTIC dəˈmɛstɪk

Adjective

  • relating to a country's internal economy or businesses.
Example Sentence: They are attempting to protect the domestic industries.
 

GET BACK gɛt bæk

Phrasal Verb

  • respond.
Example Sentence: I'll get back to you on Friday with an answer.
 

MAKE UP FOR  

Phrasal Verb

  • compensate.
Example Sentence: This year's good harvest will make up for last year's bad one.
 

AMORTISATION əˌmɔːtaɪˈzeɪʃən

Noun

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

INTELLECTUAL PROPERTY ɪntlˈɛktʃuəl prɒpərti

Noun

  • something that somebody creates which has value, esp. music, art, text, etc.
Example Sentence: The designer claims that her intellectual property rights were infringed.
 

FREIGHT freɪt

Noun

  • commercial goods that are being transported long distance.
Example Sentence: The goods arrive by ship and then continue by freight train.
 

PARENT COMPANY pɛərənt kʌmpəni

Noun

  • a company that owns control of one or more subsidiary companies.
Example Sentence: It is the parent company of several publishing firms.
 

SECURE COMMUNICATION  

phrase

  • When two entities are communicating with each other, and they do not want a third party to listen to their communication, then they want to pass on their message in such a way that nobody else could understand their message.
Example Sentences:I have two computers and use one only for secure communication, like online banking, and another one for anything else.
Websites which include personal details such as names and email addresses should use secure communication.
 
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