Business Word/Phrase of the Day

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TO RUN A TIGHT SHIP  

15 Oct 2019

phrase

  • If someone runs a tight ship, they do their job or manage their department or organization in a very efficient manner.
Example Sentences: She's an excellent manager. She runs a really tight ship.
This department used to be run as a tight ship, but look at it now!
 

REGULAR CUSTOMER /reg′yə lər kus′tə mər/

15 Sep 2019

phrase

  • a customer who often buys a product or service from the same company
Example Sentences:We generally give better sales terms to our regular customers.
As I’m a regular customer, can you offer me a bigger discount?
 

COMPLY WITH kəmˈplaɪ wɪθ

15 Aug 2019

Phrasal Verb

  • to follow or behave in line with an official rule.
Example Sentence: Does this product comply with our national safety standards?
 

LEVERAGE lɛvərɪdʒ

15 Jul 2019

Noun

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

WHOLESALE hoʊlˌseɪl

15 Jun 2019

Noun

  • sold cheaply in large amounts, especially to shops, who resell the goods.
Example Sentence: They claim to sell their products at wholesale prices.
 

COMPETITIVE kəmˈpɛtɪtɪv

15 May 2019

Adjective

  • offering a price or service that is as good or better than other companies.
Example Sentence: They are offering the new computer at a very competitive price.
 

PRICEY praɪsi

15 Apr 2019

Adjective

  • expensive (informal)
Example Sentence: We decided not to buy the sofa as it was a quite pricey.
 

FACE UP TO  

15 Feb 2019

Phrasal Verb

  • accept.
Example Sentence: Isn't it time you faced up to your responsibilities?
 

LOOK INTO lʊk ɪntu

15 Jan 2019

Phrasal Verb

  • investigate.
Example Sentence: Police are reported to be looking into the case.
 

SYNERGY sɪnərdʒi

15 Dec 2018

Noun

  • the increased result by combining two or more things.
Example Sentence: Working together we create a synergy that we couldn't do alone.
 

GET DOWN TO BUSINESS  

15 Nov 2018

Phrase

  • start doing the thing that you intend to do.
Example Sentence: Let's get down to business! What is the first item on the agenda?
 

TABLE A DISCUSSION  

15 Oct 2018

Phrase

  • to postpone a discussion until a later time.
Example Sentence: We tabled the discussion about the salary issue until the next meeting.
 

GAIN GROUND geɪn graʊnd

15 Sep 2018

Phrase

  • to go forward, to make progress.
Example Sentence: Our company is gaining ground in its attempt to be the best in the industry.
 

IN THE BLACK  

15 Aug 2018

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  

15 Jul 2018

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.
 
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