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. To receive 'Business Word/Phrase of the Day' by email, just subscribe to our newsletter. You can choose whether to receive notifications daily, weekly or monthly. Simply click on the link on the right to subscribe. It's free!

FLAW flɔ

15 Jul 2020

Verb

  • a problem or defect with something, especially a plan.
Example Sentence: The plan was flawed because of the lack of funds.
 

TO FLOP flɒp

15 Jun 2020

Verb

  • to fail completely.
Example Sentence: Their new line of dishwashers flopped in Asia because they did not take into account size differences.
 

TO COME TO A HALT  

15 May 2020

Phrase

  • come to a stop in the process.
Example Sentence: The expansion of his company came to a halt when one of his employees embezzled a considerable
 

TO PLEDGE plɛdʒ

15 Apr 2020

Verb

  • to make an official/serious promise to do something.
Example Sentence: The minister pledged to support the reconstruction of the old town despite the financial crisis.
 

TAX EVASION tæks ɪˈveɪʒən

15 Mar 2020

Noun

  • Is the minimising of the tax you owe by failing to declare taxable income or taxable capital gains or by submitting false information to the tax authorities.
Example Sentence: World famous Tenor Luciano Pavoratti was convicted of tax evasion in 1999, and ordered to pay a penalty of US$11 million to the Italian Courts.
 

WHITE COLLAR WORKERS  

15 Feb 2020

Phrase

  • Are people who work in offices, doing work that needs mental rather than physical effort. White collar workers are generally better educated and more highly paid.
Example Sentence: Jim is a typical white collar worker – university-educated, middle-class background, working for a well-known high-street bank.
 

INFLATIONARY SPIRAL /ɪnˈfleɪʃəˌnɛri spaɪrəl/

15 Jan 2020

Noun

  • An inflationary spiral is when salaries and prices take turn to grow in short intervals.
Example Sentences: Recent rises in inflation are more likely to weaken consumer spending than lead to an inflationary spiral of higher salaries and prices.
 

A TRANSACTION /trænˈsækʃən/

15 Dec 2019

Noun

  • a business action such as putting money into an account or taking it out.
Example Sentence: There have been several transactions on the account since last month.
 

PRINCIPAL prɪnsəpəl

15 Nov 2019

noun

  • A principal is the head of a school.
Example Sentences: The principal is in a meeting with the deputy-principal and senior teachers.
 

TO RUN A TIGHT SHIP  

15 Oct 2019

phrase

  • If someone runs a tight ship, they do their job or manage their department or organization in a very efficient manner.
Example Sentences: She's an excellent manager. She runs a really tight ship.
This department used to be run as a tight ship, but look at it now!
 

REGULAR CUSTOMER /reg′yə lər kus′tə mər/

15 Sep 2019

phrase

  • a customer who often buys a product or service from the same company
Example Sentences:We generally give better sales terms to our regular customers.
As I’m a regular customer, can you offer me a bigger discount?
 

COMPLY WITH kəmˈplaɪ wɪθ

15 Aug 2019

Phrasal Verb

  • to follow or behave in line with an official rule.
Example Sentence: Does this product comply with our national safety standards?
 

LEVERAGE lɛvərɪdʒ

15 Jul 2019

Noun

  • the power to influence somebody's actions.
Example Sentence: Big companies have a lot of leverage over their business partners.
 

WHOLESALE hoʊlˌseɪl

15 Jun 2019

Noun

  • sold cheaply in large amounts, especially to shops, who resell the goods.
Example Sentence: They claim to sell their products at wholesale prices.
 

COMPETITIVE kəmˈpɛtɪtɪv

15 May 2019

Adjective

  • offering a price or service that is as good or better than other companies.
Example Sentence: They are offering the new computer at a very competitive price.
 
Menu