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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. 

IN THE MARKET FOR (SOMETHING)  

19 Jan 2023

Phrase

  • to be ready to buy something, to want to buy something.
Example Sentence: We have been in the market for a new computer for a long time.
 

FLOAT (SOMEONE) A LOAN  

19 Dec 2022

Phrase

  • to loan someone money.
Example Sentence: I asked the bank to float me a loan so that I could buy a new car.
 

BANKER’S HOURS bæŋkərs aʊərs

19 Nov 2022

Phrase

  • short work hours (similar to when a bank is open)
Example Sentence: My sister's husband owns his own company and works banker's hours most days.
 

APPOINT əˈpɔɪnt

19 Oct 2022

Verb

  • to officially give somebody a job, task or responsibility.
Example Sentence: He was appointed as head of the investigation.
 

TO SUBSIDISE sʌbsɪˌdaɪz

19 Sep 2022

Verb

  • to give money to a person, institution or organisation in order to aid them.
Example Sentence: The government cannot subsidise every single initiative; they have to prioritise somehow.
 

GROSS PROFIT MARGIN groʊs prɒfɪt mɑrdʒɪn

19 Aug 2022

Noun

  • The difference between the selling price of a product or service and the cost of producing it, excluding taxation, salaries paid to employees, overheads (electricity, office rent etc).
Example Sentence: There were so many items I had to work with that in the end I made a mistake in calculating our gross profit margin.
 

TENANT tɛnənt

19 Jul 2022

Noun

  • a person or group that rents and occupies land, a house, an office, or the like, from another for a period of time.
Example Sentence: The tenants were upset about the recent changes to the lease.
 

STOCK stɒk

19 Jun 2022

Noun

  • Shares (portion of the capital of a business company) held by an investor.
Example Sentence: How much stock do you own in the company?
His Microsoft stock must be worth millions.
 

VENTURE CAPITAL vɛntʃər kæpɪtl

19 May 2022

Phrase

  • Money raised by companies to finance new ventures in exchange for percentage ownership.
Example Sentences: Venture capital firms have a reputation for negotiating tough financing terms and setting high demands on target companies.
The company is looking for venture capital investment in order to expand. They're willing to sell 25% of the company for $400,000.
 

JOINT-VENTURE COMPANY  

19 Apr 2022

Noun

  • A joint-venture company is a company owned by two businesses which have joined together to share risk or expertise on a specific project or group of projects.
Example Sentence: In a bid to compete in the LED market, two Taiwanese companies from the mainstream silicon semiconductor business have established a joint-venture company.
 

INSUFFICIENT FUNDS /ɪnsəˈfɪʃənt fʌnd/

19 Dec 2021

Adj

  • not enough money in an account.
Example Sentences: The cheque was returned because of insufficient funds.
 

POP-UP /ˈpɒp.ʌp/

19 Jun 2013

noun

  • a new unwanted window that opens quickly on a computer screen in front of what you are working on
Example Sentences:Be careful of that site. It has lots of pop-ups.
Pop-ups often contain advertisements.
 

WORK SHADOWING /wɜːk ˈʃæd.əʊɪŋ/

19 Aug 2012

phrase

  • following a specific employee to learn about their job
Example Sentences:For the next week you’ll be work shadowing Sharon on the assembly line.
One of the best ways to learn a new job is to work shadow another employee.
 
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