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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. 

QUARTERLY PREMIUM kwɔrtərli primiəm

Noun

  • the cost of the insurance, paid every 3 months.
Example Sentence: The quarterly premium is the annual premium divided by four.

 

 

FIRST CLASS fɜrst klæs

Noun

  • This is the highest class of travel on offer to the passenger on a train or plane. It offers more space and luxury.
Example Sentence: In first class, passengers can fully recline their seats.

 

 

DEREGULATION diˈrɛgyəˌleɪt

Noun

  • the reduction of rules that aim to control an industry .
Example Sentence: Their success is partly due to deregulation of the industry.
 

RAISE CAPITAL reɪz kæpɪtl

Phrase

  • to try to get money for a business venture.
Example Sentence: The factory was sold to raise capital.
 

CONSENSUS kənˈsɛnsəs

Noun

  • an opinion that all members of a group agree with.
Example Sentence: There was a general consensus that action was required.
 

FREE MARKET fri mɑrkɪt

Noun

  • a market that is not influenced by the government.
Example Sentence: He supports a free market for goods in Europe.
 

SLUGGISH slʌgɪʃ

Adjective

  • slow.
Example Sentence: Overall growth remains sluggish, held back by rising inflation.
 

ENDORSEMENT ɛnˈdɔrsmənt

Noun

  • a form of advertising that involves a famous person to promote a product.
Example Sentence: The athlete's endorsement helped boost sales of the product.
 

GET ON WITH  

Phrasal Verb

  • have good relationship.
Example Sentence: I don't get on with her. She isn't a very nice woman.
 

MIX UP mɪks ʌp

Phrasal Verb

  • make untidy.
Example Sentence: I've just spent two hours sorting those papers so please don't mix them up.
 

COLLABORATE kəˈlæbəˌreɪt

Verb

  • to work with somebody on a project or task.
Example Sentence: The two companies will collaborate to develop, produce and sell computers.
 

LEVERAGE lɛvərɪdʒ

Noun

  • the power to influence somebody's actions.
Example Sentence: Big companies have a lot of leverage over their business partners.
 

ENCRYPTION /ɪnˈkrip.ʃən/

noun

  • the process of translating data into a secret code for protection purposes
Example Sentences:Your financial information is fully encrypted and cannot be accessed.
This file is encrypted. You will need a password to open it.
 

HACKING /hækɪŋ/

verb

  • Hacking involves attacking and invading someone else's computer, usually for personal gain or just for the satisfaction of being able to invade someone else's computer. Hackers are usually computer experts who enjoy having the power to invade someone else's privacy.
Example Sentences:Our website is down. It’s been hacked.
Make sure your website has been checked for security weaknesses. Otherwise, you could get hacked.
 
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