Business Word/Phrase of the Day

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DUMPING dʌmpɪn

21 Mar 2019

Verb

  • when goods are sold abroad for a much cheaper price.
Example Sentence: Dumping enables companies to offload unwanted stock.
 

PUT DOWN pʊt daʊn

21 Feb 2019

Phrasal Verb

  • add.
Example Sentence: You can put my name down on the list.
 

PAY UP peɪ ʌp

21 Jan 2019

Phrasal Verb

  • give money.
Example Sentence: You must pay up by Friday.
 

HOSTILE TAKEOVER BID  

21 Dec 2018

Phrase

  • an aggressive attempt by a company to buy control of another company.
Example Sentence: Their French rival has launched a hostile takeover bid.
 

LEVERAGE lɛvərɪdʒ

21 Nov 2018

Noun

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

TAKE OVER (SOMETHING)  

21 Oct 2018

Phrase

  • to take control or possession of something.
Example Sentence: The government decided to take over the bank after it declared bankruptcy.
 

OUTSOURCE (SOMETHING)  

21 Sep 2018

Phrase

  • to use outside sources rather than those within a company.
Example Sentence: The manufacturing company outsourced many of their products.
 

LEAD TIME lid taɪm

21 Aug 2018

Phrase

  • the time available to prepare for an event.
Example Sentence: The lead time to get a book published is very long.
 

CARRY A MOTION  

21 Jul 2018

Phrase

  • to support or win acceptance for a motion/proposal.
Example Sentence: I was able to carry a motion to cancel the activities for next week.
 

APTITUDE TEST æptɪˌtud tɛst

21 Jun 2018

Noun

  • a test which measures a person's ability to do a certain job.
Example Sentence: Candidates will be required to complete an aptitude test.
 

CASUAL WORK kæʒuəl wɜrk

21 May 2018

Noun

  • work that is not permanent, with no obligation for the employer to provide the usual employment conditions such as sick leave.
Example Sentence: Casual jobs which last for a few days only are available throughout the year in my favourite country, New Zealand.
 

TO WITHDRAW wɪðˈdrɔ

21 Apr 2018

Verb

  • to stop taking part in something or doing something.
Example Sentence: Air Asia withdrew its flights from Heathrow Airport in October.
 

TO FACILITATE fəˈsɪlɪˌteɪt

21 Mar 2018

Verb

  • to make an activity, a process etc easier to happen.
Example Sentence: Do you think a new marketing campaign would facilitate increasing sales?
 

INCENTIVE ɪnˈsɛntɪv

21 Feb 2018

Noun

  • something that incites or encourages an action or greater effort.
Example Sentence: Many universities have started providing large incentives to encourage student enrolment.
 

INSIDER DEALING/TRADING  

21 Jan 2018

Phrase

  • Buying or selling with the help of information known only to those connected with the business.
Example Sentence: Several executives in the company have been charged by the financial authorities with insider trading.
 
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