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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. 

CLARIFY klærəˌfaɪ

29 Oct 2022

Verb

  • to make something clear.
Example Sentence: Can we please clarify who will be responsible for the project?
 

TO COMMISSION kəˈmɪʃən

29 Sep 2022

Verb

  • to officially ask someone to do something for you.
Example Sentence: Leonardo was commissioned to make an altar piece in 1483 in the Church of S. Francesco Grande.
 

TO FREEZE friz

29 Aug 2022

Verb

  • to hold the price of a product, service, salaries, wages etc at the same level for some time.
Example Sentence: The government has decided to freeze wages in the public sector due to the after-effects of the economic crisis.
 

TO SATURATE (a market) sætʃəˌreɪt

29 Jul 2022

Verb

  • to fill a market with a certain product to such an extent that no new customer can be found.
Example Sentence: I'm afraid we've saturated the market of event organizers. Next year we'll have to diversify in order to retain the potential for growth.
 

TAX RELIEF tæks rɪˈlif

29 Jun 2022

Noun

  • Are amounts which you can deduct from your annual income to reduce the amount on which you have to pay tax.
Example Sentences: Tax relief that can be claimed in connection with employment includes travel expenses necessary for you to carry out your work and for which the employer does not pay.
I claimed tax relief on my Hong Kong business trip.
 

TOUCH BASE tʌtʃ beɪs

29 May 2022

Phrase

  • If you touch base with someone, you get in touch and communicate briefly with them on some topic.
Example Sentence: Nancy, I urgently need to touch base with you on the Helegon project. Do you have any time to meet this afternoon?
 

SHARP-NOSED /ʃɑrp noʊz/

29 Apr 2022

Adjective

  • Someone who is sharp-nosed is good at dealing with money.
Example Sentences: David hasn't become rich by luck. He's a very sharp-nosed businessman.
 

A TRANSACTION /trænˈsækʃən/

29 Mar 2022

Noun

  • a business action such as putting money into an account or taking it out.
Example Sentence: There have been several transactions on the account since last month.
 

STANDING ORDER /stændɪŋ ɔrdər/

29 Dec 2021

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.
 

LIABLE laɪəbəl

29 Jul 2020

Adjective

  • likely to happen.
Example Sentence: Interest rates are liable to rise if market conditions don't change.
 

THREAT /θret/

29 Jun 2013

noun

  • a possibility that a weakness in a computer’s system could be attacked and the computer harmed
Example Sentences:There are many threats around such as viruses, worms and trojan horses.
Make sure your computer is fully protected. Spam email could contain security threats, so don’t open them.
 

CAREER BREAK /kəˈrɪər breɪk/

29 Aug 2012

phrase

  • a period of time when one chooses not to have a job, for example because they want to travel or look after their children
Example Sentences:Susan is taking a career break in order to take care of her young children.
I’m taking a career break so I can travel around the world.
 
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