Business Word/Phrase of the Day

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TO MAKE A KILLING  

16 Oct 2019

phrase

  • If you make a killing, you earn a lot of money in a short time and with little effort.
Example Sentences: I bought the shares cheap and sold them for a lot. I really made a killing.
They made a killing with the sale of their London house.
 

STANDING ORDER /stændɪŋ ɔrdər/

16 Sep 2019

Noun

  • A standing order is an instruction to a bank to pay some money at regular times to another bank account.
Example Sentence: The electricity company requires all its customers to settle their bills by standing order.
 

CONCESSION kənˈsɛʃən

16 Aug 2019

Noun

  • the act of accepting less than you originally wanted.
Example Sentence: They made a concession by dropping the price.
 

MOGUL moʊgəl

16 Jul 2019

Noun

  • a very wealthy or powerful person in business.
Example Sentence: He is described as the world’s most powerful media mogul.
 

ASSIGN əˈsaɪn

16 Jun 2019

Verb

  • to give a particular job or task to somebody.
Example Sentence: The job of finding more seats for the event was assigned to Paul.
 

COUPON kupɒn

16 May 2019

Noun

  • part of a printed advert that can be used to buy or get a product.
Example Sentence: Collect the coupons from our magazine to get a 20% discount!
 

QUOTA kwoʊtə

16 Apr 2019

Noun

  • a limit set on the amount of imports which can come into a country.
Example Sentence: The country has set quotas on steel imports.
 

DECLINING MARKET  

16 Mar 2019

Phrase

  • a market that is becoming worse.
Example Sentence: The declining market in caravans is due to the growth of cheap airlines.
 

GET BACK gɛt bæk

16 Feb 2019

Phrasal Verb

  • respond.
Example Sentence: I'll get back to you on Friday with an answer.
 

MAKE UP meɪk ʌp

16 Jan 2019

Phrasal Verb

  • create a story.
Example Sentence: I'd made up some story about having to go home to see my sick mother.
 

TRADEOFF treɪdˌɔf

16 Dec 2018

Noun

  • a situation in which you accept something bad in exchange for something good.
Example Sentence: They may be willing to accept the tradeoff of a higher price for time saved.
 

GET INTO DEBT  

16 Nov 2018

Phrase

  • to get into a situation in which you owe people money.
Example Sentence: It's easy to get into debt if you have a credit card.
 

TAKE (SOMETHING) AT FACE VALUE  

16 Oct 2018

Phrase

  • to take something that is said on its surface.
Example Sentence: I took my friend's comments at face value.
 

IN THE LOOP  

16 Aug 2018

Phrase

  • to be involved or to take part in a job.
Example Sentence: I began to work in the evenings and I was no longer in the loop at our company.
 

BUY (SOMETHING) ON CREDIT  

16 Jul 2018

Phrase

  • to buy something without paying cash.
Example Sentence: My friend had no money so he decided to buy some furniture on credit.
 
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