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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. 

BRAINSTORM breɪnˌstɔrm

13 Nov 2024

Verb

  • to think together as a team, often in order to come up with a solution to a particular problem.
Example Sentence: Although we have been brainstorming for weeks, we haven't been able to find a good way of getting ahead of our competitors so far – we might need to invite an expert to help.
 

DIRECT TAXATION dɪˈrɛkt tækˈseɪʃən

13 Oct 2024

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.
 

BOND bɒnd

13 Sep 2024

Noun

  • Certificate issued by companies and governments to its lenders.
Example Sentences: Bonds are considered a safe investment as they are guaranteed by governments.
 

LUNCHEON VOUCHERS /lʌntʃən vaʊtʃər/

13 Aug 2024

Noun

  • Luncheon vouchers are given by employers to employees to buy meals in some restaurants.
Example Sentences: Selected workers would benefit from luncheon vouchers, free transportation to the construction site and accommodation on location.
 

TO WITHDRAW /wɪðˈdrɔ/

13 Jul 2024

Verb

  • to take money out of an account. Also, withdrawal is the noun form.
Example Sentences: He withdrew enough money to pay off his loan.
Ms. Lowell made a withdrawal of $175.
 

ADVISE ædˈvaɪz

13 Jun 2024

verb

  • To advise means to give someone advice.
Example Sentences: I think I'd advise him to leave the company.
I'd strongly advise against making a sudden decision.
 

TO HANG UP ONE'S BOOTS  

13 May 2024

phrase

  • To hang up your boots is to retire from your job or profession.
Example Sentences: After 40 years in the police force, Paul finally hung up his boots.
After winning the World Rugby Cup, Martin Johnson, England's captain, hung up his boots.
 

LEAD TIME /lēd tīm/

13 Apr 2024

phrase

  • the time from when an order is sent from a customer to a supplier until the ordered products arrive at the customer
Example Sentences:Our lead time is between 7 and 10 days depending on the customer’s location.
Is there anything you can do to shorten your lead time? We need the delivery within a week.
 

INSURANCE BENEFITS ɪnˈʃʊərəns bɛnəfɪts

13 Mar 2024

Noun

  • the amount of money the policy will pay after a claim.
Example Sentence: The insurance benefits of this life insurance policy are paid up to $100,000.

 

 

CONCOURSE kɒnkɔrs

13 Feb 2024

Noun

  • the large space or room in a public building such as a station or airport which people gather in or pass through.
Example Sentence: There are plenty of shops and restaurants in the airport concourse.

 

 

FACE-TO-FACE feɪs tu feɪs

13 Jan 2024

Phrase

  • in the same place, especially of meetings.
Example Sentence: We had our first face-to-face meeting on Wednesday.
 

SHORE UP ʃɔr ʌp

13 Dec 2023

Phrase

  • to make a system or organisation stronger and less likely to fail.
Example Sentence: The president has promised to shore up the economy.
 

FREE REIN fri reɪn

13 Nov 2023

Noun

  • allow somebody to do whatever they want.
Example Sentence: Each department had free rein to make decisions and set procedures.
 

LOOPHOLE lupˌhoʊ

13 Oct 2023

Noun

  • a mistake in the law that allows people to do something that they should not.
Example Sentence: Their lawyers found a loophole in the law and they were acquited.
 

TALK SHOP tɔk ʃɒp

13 Sep 2023

Phrase

  • to talk about your job in a boring way.
Example Sentence: I'm not going to the office party. Everyone will just talk shop!
 
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