Business Word/Phrase of the Day

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THINK UP θɪŋk ʌp

02 Feb 2019

Phrasal Verb

  • create idea.
Example Sentence: I really don't want to go tonight and I'm trying to think up an excuse.

CLEAR UP klɪər ʌp

02 Jan 2019

Phrasal Verb

  • tidy.
Example Sentence: They helped to clear up after the party.

RECESSION rɪˈsɛʃən

02 Dec 2018


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

BANKRUPT bæŋkrʌp

02 Nov 2018


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

RED TAPE rɛd teɪp

02 Oct 2018


  • rules and regulations that seem unnecessary.
Example Sentence: There is a lot of red tape when you try to start up a new business.


02 Sep 2018


  • to lower the price of something.
Example Sentence: I bargained hard so that I could knock down the price of the stereo.

FAIR PLAY fɛər pleɪ

02 Aug 2018


  • justice, equal and correct action toward someone.
Example Sentence: The company has a reputation for fair play when they are bargaining with their competitors.

SET-TO sɛtˌtu

02 Jul 2018


  • a sharp, usually brief argument or fight.
Example Sentence: The employees won several victories in November's set-to over overtime and perks.


02 Jun 2018

Phrasal Verb

  • to summarise something; to outline the main points.
Example Sentence: Can we sum up what was said in the meeting.

BUY OUT baɪ aʊt

02 Feb 2014

Phrasal Verb

  • to buy the ownership or a majority share of something.
Example Sentence: The large company decided to buy out the small textile company.

CONFERENCE kɒnfərəns

02 May 2013


  • an event, sometimes lasting a few days, at which there are a group of talks on a particular subject, or a meeting in which especially business matters are discussed formally.
Example Sentence: They frequently hold conferences at that hotel. This week there’s a conference on marketing in China.




02 Apr 2013


  • a journey on a ship for pleasure. (v) to sail on a ship for pleasure.
Example Sentence: Next summer my grandparents are going on a cruise around the Greek Islands.



PREMIUM primiəm

02 Feb 2013



  • an amount to be paid for an insurance policy.
Example Sentence: My auto insurance premium increased by 25% this year because I had to make a claim last year.



TEMPORARY WORKER /ˈtem.pər.ər.i ˈwɜː.kər/

02 Sep 2012


  • Employee who is not permanently hired but hired just for a limited period of time
Example Sentences:During the peak season, the hotel employs a number of temporary workers.
As a temporary worker, I’m not entitled to the same benefits as the permanent workers.