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. 

TO RELOCATE riˈloʊkeɪt

12 Dec 2024

Verb

  • to find a new location for a company to operate.
Example Sentence: The minimum wage in this country has gone up significantly. I'm afraid we'll have to relocate soon. How about South East Asia?
 

LAW-ABIDING lɔəˌbaɪdɪŋ

12 Nov 2024

Adjective

  • respecting the law.
Example Sentence: We are all law-abiding citizens. However, in business sometimes we have to interpret certain regulations in a bit more flexible way in order to remain profitable in the current crisis
 

TAX YEAR tæks yɪər

12 Oct 2024

Noun

  • The calendar year or fiscal period for which income tax is to be paid.
Example Sentence: In Hong Kong the tax year ends on 31 March.
 

BLUE CHIP STOCKS  

12 Sep 2024

Phrase

  • Stocks of leading companies with a reputation for stable growth and earnings.
Example Sentence: Coca Cola and BP are examples of blue chip stocks.
 

PIECES OF EIGHT  

12 Aug 2024

Phrase

  • In the past, pieces of eight was the term used for gold coins. The Spanish created the term.
Example Sentences: Frank went searching for buried treasure off the coast of Florida; he found pieces of eight, the Spanish currency in the 1600s and 1700s.
 

TO DEPOSIT /dɪˈpɒzɪt/

12 Jul 2024

Verb

  • to put money in a bank. Also, deposit is the noun form.
Example Sentence: Mr Sims opened his account with a deposit of $2,000 and his wife deposited $500.
 

ADVICE ædˈvaɪs

12 Jun 2024

noun

  • Advice is an opinion which someone offers you about what you should do or how you should act in a particular situation.
Example Sentences: I need some advice on which computer to buy.
Sarah gave me some good advice.
 

TO HAVE ONE'S HAND or FINGERS IN THE TILL  

12 May 2024

phrase

  • If you have your fingers or hand in the till, you steal money from the place where you work.
Example Sentences: The accountant had stolen a lot of money. He'd had his hand in the till for years.
He was caught with his hand in the till and was fired immediately.
 

DISCOUNT /dis′ko̵unt′/

12 Apr 2024

noun

  • a reduction in price from the original sale price
Example Sentences:The company is offering a discount of 30% on their standard price for all goods purchased before the end of the month.
We offered them a further discount of 5% but they rejected it.
 

DAMAGE EVENT dæmɪdʒ ɪˈvɛnt

12 Mar 2024

Noun

  • an event such as a natural disaster, car accident, or injury which causes damage to a person or to property.
Example Sentence: Before you can receive your benefits, you need to write a page detailing the damage event.
 

GATE geɪt

12 Feb 2024

Noun

  • a part of an airport where travellers are allowed to get on or off a particular aircraft.
Example Sentence: All passengers for flight LH103 please proceed to gate 16.

 

 

EXTENSIVE ɪkˈstɛnsɪv

12 Jan 2024

Adjective

  • covering a large area or range.
Example Sentence: They carried out extensive market research before the launch.
 

SALES FORECAST seɪlz fɔrˌkæst

12 Dec 2023

Noun

  • a prediction of how you expect sales to change in the future.
Example Sentence: The company lowered it sales forecast for the third quarter.
 

ESTABLISH ɪˈstæblɪʃ

12 Nov 2023

Verb

  • to start a company, especially one that has lasted for a long time.
Example Sentence: The company was established in 1856.
 

INITIATIVE ɪˈnɪʃiətɪv

12 Oct 2023

Noun

  • an action, especially one that aims to solve a problem.
Example Sentence: The initiative aims to encourage more people to stay in education.
 
Menu