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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. 

A STATEMENT /steɪtmənt/

27 Jul 2024

Noun

  • a record of transactions that a bank sends its customers, usually every month.
Example Sentence: The bank statement always arrived on the third of the month.
 

FORK OUT /fɔrk aʊt/

27 Jun 2024

Phrasal Verb

  • to pay for something, usually something you would rather not have to pay for.
Example Sentences: I forked out ten quid for/on the ticket.
I couldn't persuade him to fork out for a new one.
 

LICENCE līˈsəns

27 May 2024

noun

  • A licence is an official document which gives you permission to own, do or use something, usually after you have paid money and/or taken a test. (UK ENGLISH: License)
Example Sentences: Do you need a licence to operate a fork-lift truck?
The police officer checked his driving licence.
 

A COMPANY MAN /eɪ kʌmpəni mæn/

27 Apr 2024

phrase

  • A company man is an employee more loyal to the company than to other employees.
Example Sentences: It is unlikely Mr. Ross will let us leave early to lunch today. He is a company man.
Clean your desk! A company man is coming today for a surprise inspection.
 

LIABILITIES /ˌlaɪ əˈbɪl ɪ teez/

27 Mar 2024

noun

  • Liabilities include accounts payable (money you owe to suppliers), plus all current costs of doing business (mortgage payments, insurance, taxes, salaries, utilities).
Example Sentences:The business has liabilities of $2 million.
If our liabilities increase further, we’ll have to consider closing down the company.
 

BED AND BREAKFAST  

27 Feb 2024

Noun

  • a type of accommodation offering up to about 10 rooms and limited services and facilities, although breakfast is included in the price of the room .
Example Sentence: I usually stay at a bed and breakfast because they’re cheaper than hotels.

 

 

CURRENCY kɜrənsi

27 Jan 2024

Noun

  • the unit of money that is used in a country.
Example Sentence: The unit of currency in Singapore is the Singapore Dollar.

 

 

CAMPAIGN kæmˈpeɪn

27 Dec 2023

Noun

  • a group of activities that want to achieve a particular aim.
Example Sentence: They've launched a new advertising campaign on the TV.
 

HARD-SELL hɑrd sɛl

27 Nov 2023

Adjective

  • (of selling or advertising) aggressive and forceful.
Example Sentence: He tried to defend the hard-sell tactics used to entice customers.
 

STIFF stɪf

27 Oct 2023

Adjective

  • strong and difficult to beat.
Example Sentence: They need to reduce costs in the face of stiff competition.
 

BRAND AWARENESS brænd əˈwɛərnɪs

27 Sep 2023

Noun

  • the extent to which a brand is recognised by the public.
Example Sentence: The ad campaign aims to boost brand awareness in the country.
 

OBLIGATION ɒblɪˈgeɪʃən

27 Aug 2023

Noun

  • something that you must do.
Example Sentence: You are under no obligation to finish this job.
 

CONFIDENTIALITY kɒnfɪˈdɛnʃəl

27 Jul 2023

Noun

  • the state of being secret.
Example Sentence: I am giving you this information in complete confidentiality.
 

BACK DOWN bæk daʊn

27 Jun 2023

Phrasal Verb

  • stop arguing.
Example Sentence: He seems reluctant to back down and admit that he is wrong.
 

FIX UP fɪks ʌp

27 May 2023

Phrasal Verb

  • arrange.
Example Sentence: I'd like to fix up a meeting with you for some time next week if that's possible.
 
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