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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. 

STAKE steɪk

27 Apr 2023

Noun

  • the proportion of a business that a person has invested in.
Example Sentence: He holds a 20% stake in the company.
 

CUT kʌt

27 Mar 2023

Verb

  • to reduce the amount or value of something.
Example Sentence: The company plans to cut 250 jobs from offices across the country.
 

SWEETHEART DEAL switˌhɑrt dil

27 Feb 2023

Phrase

  • a deal made between friends/businesses so that both parties benefit.
Example Sentence: We made a sweetheart deal with our landlord to have our rent reduced.
 

GET A RAISE  

27 Jan 2023

Phrase

  • to get an increase in one's salary.
Example Sentence: My sister works hard and she recently got a raise in her new job.
 

HOLD A MEETING  

27 Dec 2022

Phrase

  • to conduct a meeting.
Example Sentence: We plan to hold a meeting next week to discuss the problems with our new product.
 

BOYS IN THE BACKROOM  

27 Nov 2022

Phrase

  • a group of men making decisions behind the scenes.
Example Sentence: The boys in the backroom told us that the factory will close next year.
 

ALLOCATE æləˌkeɪt

27 Oct 2022

Verb

  • to specify where something (especially resources) will go.
Example Sentence: They have allocated $50 million for research and development.
 

PRODUCT PLACEMENT prɒdəkt pleɪsmənt

27 Sep 2022

Noun

  • a form of advertisement where a particular (branded) product can be seen e.g. in the background of a television programme or in a film as part of the set i.e. not in an advertising context.
Example Sentence: Our national television finally accepted paid product placement saying that this is a global marketing trend, after all, common in other countries.
 

CLEAR UP klɪər ʌp

27 Nov 2016

Phrasal Verb

  • make understandable.
Example Sentence: Have I cleared up anything that you did not understand?
 

PHISHING /ˈfɪʃɪŋ/

27 Jun 2013

verb

  • an attempt to trick someone who has an internet bank account into giving information that would allow someone else to take money out of the account
Example Sentences:I thought the email was from my bank. I clicked on the link but soon noticed that the website looked different. It was a phishing site.
Security experts have warned of a phishing attack claiming to be a customer survey about McDonald's.
 

PENSION /ˈpent .ʃən/

27 Aug 2012

noun

  • a sum of money paid regularly by the government or a private company to a person who does not work any more because they are too old or they have become ill
Example Sentences:They find it difficult to live on their government pension.
I’m glad I took out a private pension when I was young.
 
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