Business Word/Phrase of the Day

word-phrase-desc Every 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.

DIVISION dɪˈvɪʒən

21 Dec 2020

Noun

a part of an organisation.

Example Sentence: She heads the company's worldwide sales division.

TABLE A DISCUSSION

21 Nov 2020

Phrase

to postpone a discussion until a later time.

Example Sentence: We tabled the discussion about the salary issue until the next meeting.

GET OFF THE GROUND

21 Oct 2020

Phrase

o make a successful beginning.

Example Sentence: We were unable to get the new product off the ground but we will try again.

IN THE BLACK

21 Sep 2020

Phrase

to be successful, to be making money, to be profitable.

Example Sentence: The new company has been in the black for many years now.

BUDGET CRUNCH/SQUEEZE

21 Aug 2020

Phrase

a situation where there is not enough money in the company.

Example Sentence: There is a severe budget squeeze at our company and we must stop wasting money.

CLARIFY klærəˌfaɪ

21 Jul 2020

Verb

to make something clear.

Example Sentence: Can we please clarify who will be responsible for the project?

TO BE ON THE BALL

21 Jun 2020

Phrase

to be able to understand and react to any situation or fact quickly.

Example Sentence: Although the new marketing manager is really on the ball, the CEO doesn't like her. He must be jealous – she is much younger and probably much more talented than he is.

TO RELOCATE riˈloʊkeɪt

21 May 2020

Verb

to find a new location for a company to operate.

Example Sentence: The minimum wage in this country has gone up significantly. I'm afraid we'll have to relocate soon. How about South East Asia?

PERSUASIVE pərˈsweɪsɪv

21 Apr 2020

Adjective

able to make somebody do something or believe (in) something.

Example Sentences: He was so persuasive that it was impossible to beat him as a salesman – he could sell anyone anything any time.

DIRECT TAXATION dɪˈrɛkt tækˈseɪʃən

21 Mar 2020

Noun

includes taxes which are imposed directly on the individual paying them.

Example Sentences: Examples of direct taxation are income tax, capital gains tax and inheritance tax.
High direct taxation hits the rich hard.

CAPITAL kæpɪtl

21 Feb 2020

Noun

Money used for producing more wealth or for starting a new business.

Example Sentences: She leaves her capital untouched in the bank and lives off the interest.
We've put 20 000 capital into the business, but we're unlikely to see any return for a few years.

INVISIBLE EXPORTS /ɪnˈvɪzəbəl ɪkˈspɔrt/

21 Jan 2020

Noun

Services supplied to foreign countries such as banking and other financial services are called invisible exports

Example Sentences: Invisible exports now make up more than half of the United Kingdom's GDP

TO ENDORSE A CHEQUE

21 Dec 2019

Verb

to sign the cheque on the back.

Example Sentence: She endorsed the back of the cheque in order to cash it.

LATER leɪtər

21 Nov 2019

adjective

Later is the comparative form of the adjective late, meaning (happening or being) near the end of a period of time.

Example Sentences: Jenny said she'd be joining the meeting later.
He arrived a little later than expected.

WHOLESALE PRICE /ˈhoʊlˌseɪl prīs/

21 Sep 2019

phrase

the price of goods charged to shops and businesses for buying large quantities of the goods

Example Sentences:The wholesale price of goods is always cheaper than the retail price.
If you buy this bed in a shop, you’ll pay around $600. However, the wholesale price is only $400.

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