Business Word/Phrase of the Day

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ESSENCE ɛsəns

23 Aug 2019

Noun

  • the most important part of an idea, a system etc.
Example Sentence: The essence of her message was that costs must be reduced.
 

RESTRUCTURE riˈstrʌktʃər

23 Jul 2019

Verb

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

DEMOTE dɪˈmoʊt

23 Jun 2019

Verb

  • to be moved to a position of lower status.
Example Sentence: He was demoted because of poor performance.
 

IN BULK ɪn bʌlk

23 May 2019

Phrase

  • in large amounts.
Example Sentence: We buy paper in bulk at a very low price.
 

SPONSOR spɒnsər

23 Apr 2019

Verb

  • to pay money towards something in exchange for advertising space.
Example Sentence: They sponsored the Olympic Games in Sydney.
 

EXPAND ɪkˈspænd

23 Mar 2019

Verb

  • to become larger in size or number.
Example Sentence: The company is going to expand to China and Japan.
 

PLAY DOWN pleɪ daʊn

23 Feb 2019

Phrasal Verb

  • make appear less serious.
Example Sentence: The manager played down the seriousness of the situation.
 

PICK UP pɪk ʌp

23 Jan 2019

Phrasal Verb

  • getting better.
Example Sentence: Business is finally picking up after the recession.
 

UNDERCUT ʌndərˈkʌt

23 Dec 2018

Verb

  • to charge less than a competitor.
Example Sentence: They have reduced their price to undercut their rivals.
 

MOGUL moʊgəl

23 Nov 2018

Noun

  • a very wealthy or powerful person in business.
Example Sentence: He is described as the world’s most powerful media mogul.
 

THROW COLD WATER ON (SOMETHING)  

23 Oct 2018

Phrase

  • to discourage or forbid something.
Example Sentence: The manager threw cold water on our plan to close the factory for one week.
 

PAY OFF peɪ ɒf

23 Sep 2018

Phrase

  • to succeed, to yield good results.
Example Sentence: I hope that our plans for the new business will pay off.
 

LIQUID ASSETS lɪkwɪd æsɛts

23 Aug 2018

Phrase

  • property or belongings that can easily be converted to cash.
Example Sentence: The company had to sell some of its liquid assets in order to raise cash.
 

CLOSE THE BOOKS  

23 Jul 2018

Phrase

  • to stop taking orders, to end a bookkeeping period.
Example Sentence: The company will close the books at the end of December.
 

BLUE CHIP blu tʃɪp

23 Jun 2018

Noun

  • a company/investment that is usually profitable; whose shares that can be traded profitably and reliably in the stock market.
Example Sentence: US blue chip stocks fell today as the housing sector remains deeply depressed.
 
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