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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. 

PLUG A PRODUCT  

08 Feb 2023

Phrase

  • to promote a product.
Example Sentence: The soccer star makes a lot of money when he agrees to plug a product.
 

MAKE A GO OF (SOMETHING)  

08 Jan 2023

Phrase

  • to produce good results, to succeed at something.
Example Sentence: Although the man works very hard in his small business he cannot make a go of it.
 

COMPANY TOWN kʌmpəni taʊn

08 Dec 2022

Phrase

  • a town dominated by one industry or company.
Example Sentence: When the coal mine closed, the company town faced severe economic times.
 

A GLUTTED MARKET glʌtɪd mɑrkɪt

08 Nov 2022

Noun

  • overfull; a market that is full of a certain product or service.
Example Sentence: They went bankrupt when the used tyre market of the country became glutted by cheap imported tyres.
 

TO LOSE OUT TO  

08 Oct 2022

Phrasal Verb

  • to not get a deal/business because a competitor has offered better conditions/lower prices etc and thus got it
Example Sentence: Artists of the music and film industry are losing out to piracy so it's a question of life and death to work out ways in which to get back at least some of the revenues.
 

TO DISRUPT dɪsˈrʌpt

08 Sep 2022

Verb

  • to interrupt the normal continuity of the operation of something; to cause disorder in something.
Example Sentence: The natural catastrophe disrupted commerce and business in general in the whole country.
 

RETAIL CHAIN riteɪl tʃeɪn

08 Aug 2022

Noun

  • a number of similar shops or stores that sell products to the public.
Example Sentence: We have only one retail chain in our town. I've never liked them – the choice of dairy products on offer is really poor. I think some competition would do them good.
 

MORTGAGE mɔrgɪdʒ

08 Jul 2022

Noun

  • An agreement which allows you to borrow money from a bank or similar organization, especially in order to buy a house or an apartment.
Example Sentence: Banks are now being a lot more cautious about who they lend money to. It’s getting much more difficult to arrange a mortgage on a property.
 

INSIDER ɪnˈsaɪdər

08 Jun 2022

Noun

  • All those who have access to inside information concerning the company.
Example Sentence: Carlson knows an insider in the company who's willing to pass him confidential information about the company's performance.
 

SUBSIDIARY /səbˈsɪdiˌɛri/

08 May 2022

Noun

  • a company which is owned by a larger company
Example Sentences: How many subsidiaries does Hutchison Whampoa have?
We set up a subsidiary in the UK.
 

TO DEBIT AN ACCOUNT  

08 Apr 2022

Verb

  • to record money subtracted from an account.
Example Sentence: His account was debited a $4.00 service charge.
 

SECURE /sɪˈkjʊər/

08 May 2013

adjective

  • describes a computer or computer network which is safe from external threats, risks, etc.
Example Sentences:The security audit report concluded that our website is 100% secure.
Make sure your site is very secure because you hold a lot of confidential information on it.
 
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