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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. 

LAY (SOMETHING) ON THE TABLE  

Phrase

  • to present a matter for discussion.
Example Sentence: I went to the meeting and laid my concerns about the new product on the table.
 

CIRCULATE THE AGENDA  

Phrase

  • to distribute a list or other information about work.
Example Sentence: We circulated the agenda for the meeting one week before the meeting.
 

GREEN SHOOTS grin ʃuts

Noun

  • signs of recovery in times of an economic crisis or downturn.
Example Sentence: Today our chief economic correspondent will look at whether there are green shoots in the house building market this spring.
 

TO LUBRICATE lubrɪˌkeɪt

Verb

  • to make something run/operate more smoothly.
Example Sentence: The government intended to lubricate the financial wheels with the help of a series of measures.
 

TO DISRUPT dɪsˈrʌpt

Verb

  • to interrupt the normal continuity of the operation of something; to cause disorder in something.
Example Sentence: The natural catastrophe disrupted commerce and business in general in the whole country.
 

FREELANCER /ˈfriˌlæn sər/

noun

  • a person who works as a writer, designer, performer, or the like, selling work or services by the hour, day, job, etc., rather than working on a regular salary basis for one employer
Example Sentences:The company employs a number of freelancers.
I work as a freelancer for a local newspaper.
 

INCENTIVE ɪnˈsɛntɪv

Noun

  • something which encourages somebody to do something.
Example Sentence: The tax incentives are aimed at attracting more foreign business.
 

LIABILITIES laɪəˈbɪlɪti

Noun

  • The debts and obligations of a company or an individual.
Example Sentences: The business has liabilities of $2 million.
If our liabilities increase further, we'll have to consider closing down the company.
 

ACCOUNTS PAYABLE əˈkaʊnt peɪəbəl

Phrase

  • Is the amount that the company has been billed but has not yet paid. This is money owed to its regular business creditors from whom it has bought goods and services.
Example Sentences: You should keep an accounts payable ledger account for each supplier.
Expenses from the cash disbursements journal are, at the end of each day, posted to the appropriate accounts payable ledger.
 

INSUFFICIENT FUNDS /ɪnsəˈfɪʃənt fʌnd/

Adj

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

HIRE haɪər

verb

  • Hire is a verb meaning to pay to use something for a short period.
Example Sentences: How much would it cost to hire a car for a week?
You could always hire a dress for the party if you can't afford to buy one.
 

TO GIVE SOMEONE A GOLDEN HANDSHAKE  

phrase

  • If someone is given a golden handshake, usually a large payment is made to them when they leave their job, either when their employer has asked them to leave or when they are leaving at the end of their working life, as a reward for very long or good service in their job.
Example Sentences: Tim was forced to leave his job but he was given a very generous golden handshake.
He was given a golden handshake of US$1 million when he retired after working with the company for 40 years.
 

STAKEHOLDER /stāk′hōl′dər/

noun

  • Person, group, or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization's actions, objectives, and policies. Key stakeholders in a business organization include creditors, customers, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources.
Example Sentences:As one of the major stakeholders in the company, we have three representatives on the board of directors.
Who is the biggest stakeholder in this company?
 

COVER kʌvər

Verb

  • protect someone or something against loss, damage, accident, etc., by insurance.
Example Sentence: The policy covers employee and public liability, equipment loss, materials, and personal accidents.

 

 

BUSINESS CENTRE bɪznɪs sɛntə

Noun

  • a room in a hotel where guests can use business facilities such as a computer, fax, printer, etc. for a fee.
Example Sentence: You send a fax from our business centre.

 

 
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