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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. 

CAPITAL EXPENDITURE kæpɪtl ɪkˈspɛndɪtʃə

22 Mar 2023

Noun

  • the cost of long-term improvements.
Example Sentence: They do not have enough cashflow to cover their capital expenditure.
 

SELL (SOMETHING) AT A LOSS  

22 Feb 2023

Phrase

  • to sell something and lose money.
Example Sentence: We were forced to sell the computers at a loss.
 

GO OVER THE BOOKS  

22 Dec 2022

Phrase

  • to check and analyze the accounting records of a company.
Example Sentence: We hired an outside accountant to go over our books.
 

BIG CHEESE bɪg tʃiz

22 Nov 2022

Phrase

  • an important person, a leader.
Example Sentence: The new director was a big cheese in his previous company but he is not so important now.
 

EXPLOIT ɛksplɔɪt

22 Oct 2022

Verb

  • use to your benefit.
Example Sentence: The country's resources are not being fully exploited.
 

CEILING silɪŋ

22 Sep 2022

Noun

  • the highest amount or limit that can be charged for a product or service; also, the maximum number or quantity of goods that can be produced.
Example Sentence: The government decided to intervene and place a price ceiling on certain products - the impact on consumer demand and production was dramatic.
 

VIRUS /ˈvaɪə .rəs/

22 May 2013

noun

  • a computer program or part of a computer program which can make copies of itself and is intended to prevent the computer from working normally
Example Sentences:I can’t even start my computer anymore. I think it must be infected with a virus.
Never open an email attachment if you don’t know who it’s from. It might contain a virus.
 

UNFAIR DISMISSAL /ʌnˈfeər dɪˈsmɪs.əl/

22 Aug 2012

phrase

  • an employer's action when terminating an employee's employment contrary to the requirement of the country’s labour laws
Example Sentences:The court forced the company to pay her $45,000 for unfair dismissal.
If you feel the company has not followed the correct procedure for firing you, you could claim for unfair dismissal.
 
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