Search Content

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. 

LINE OF PRODUCTS  

15 Jan 2023

Phrase

  • a group/category of products that are similar to each other.
Example Sentence: Our company will introduce a new line of products in the autumn.
 

FACE VALUE (OF SOMETHING)  

15 Dec 2022

Phrase

  • the official value or worth of something
Example Sentence: Although the face value of the postage stamp was very low it sold at the auction for $1,000.
 

SET-TO sɛtˌtu

15 Nov 2022

Noun

  • a sharp, usually brief argument or fight.
Example Sentence: The employees won several victories in November's set-to over overtime and perks.
 

ANNUAL GENERAL MEETING  

15 Oct 2022

Noun

  • one of the most important meetings of the shareholders of a company or the members of an organization, where they discuss results of the past year, make decisions about future plans, discuss budget etc.
Example Sentence: I hope they will accept my report at the AGM next week – I've been working on it for quite a while and it may have an effect on my promotion prospects.
 

BULL MARKET bʊl mɑrkɪt

15 Sep 2022

Phrase

  • an upward market trend when prices of shares, commodities etc are rising and the market is optimistic.
Example Sentence: Though things seem to be improving in our sector, the bull market won't come back.
 

TO BOUNCE BACK baʊns bæk

15 Aug 2022

Verb

  • to return to a higher level after suffering from difficulties for a while.
Example Sentence: The Chinese economy has already bounced back after the recession and now it's booming.
 

INVOICE ɪnvɔɪs

15 Jul 2022

Noun

  • a detailed bill for items or service.
Example Sentence: The invoice was received by the customer within two weeks.
 

SECURITIES sɪˈkyʊərɪti

15 Jun 2022

Noun

  • Transferable certificates showing ownership of stock, bonds, shares, options, etc.
Example Sentence: Before we can grant you a loan, we would need some collateral from you in the form of securities.
 

FIXED COSTS fɪkst kɒst

15 May 2022

Phrase

  • Are costs that are incurred by the firm whether it produces or not, and that remain constant in amount whether its production volume is large or small.
Example Sentences: Rent, insurance, and salaries of supervisory personnel are common examples of fixed costs.
Or fixed costs are too high, we will need to reduce the number of staff we employ.
 

TO ISSUE A CREDIT CARD  

15 Apr 2022

Phrase

  • to give a credit card to a customer.
Example Sentence: The bank issues three kinds of credit cards.
 

A KICKBACK kɪkˌbæk

15 Jan 2022

Noun

  • an amount of money that is paid illegally for favours.
Example Sentence: The construction company was giving kickbacks to the local politicians.
 

NET WORTH nɛt wɜrθ

15 Dec 2021

Noun

  • the money value after liabilities (debts) are subtracted from assets.
Example Sentence: I owe $31,000 and have assets worth $87,000 so my net worth is $56,000.
 

SELF-EMPLOYED /ˌself.ɪmˈplɔɪd/

15 May 2019

adjective

  • 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:Do you pay less tax if you're self-employed?
John is self-employed. He runs a small garden maintenance company.
 

EMPLOYMENT CONTRACT /ɪmˈplɔɪ.mənt ˈkɒn.trækt/

15 Aug 2015

noun phrase

  • a written agreement between employer and employee stating the terms and conditions of employment
Example Sentences:According to my employment contract, I have 28 days annual leave.
As you have been repeatedly in breach of your employment contract, we’ve decided to terminate your employment with us.
 

COVERING LETTER /ˈkʌv ər ɪŋ ˈlet.ər/

15 Jul 2015

noun

  • a letter someone sends together with a job application form which explains why you want to apply for the job and why you believe you are suitable for the job
Example Sentences:Please send a covering letter with your job application form.
A well-written covering letter can help you get that all-important job interview.
 
Menu