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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. 

INVESTMENT BANKING /ɪnˈvɛst mənt ˈbæŋ kɪŋ/

29 Mar 2024

phrase

  • Investment Banking is a division of banking which includes business entities dealing with creation of capital for other companies. In addition to acting as agents or underwriters for companies in the process of issuing securities, investment banks also advise companies on matters related to the issue and placement of stock.
Example Sentences:What percentage of HSBC’s profits come from its investment banking division?
The bank’s investment banking division performed poorly last year due to the stock market crashes in South America.
 

AUTO INSURANCE ɔ toʊ ɪnˈʃʊər əns

29 Feb 2024

Noun

  • insurance which covers automobile accidents, including medical costs and damage to automobile and property.
Example Sentence: Because of an accident last year, my auto insurance premiums have doubled.
 

MONUMENT mɒnyəmənt

29 Jan 2024

Noun

  • a statue or structure built to remember a person or an event.
Example Sentence: The Taj Mahal was built by an emperor in memory of his wife. It is a monument to eternal love.

 

 

CEMENT RELATIONS sɪˈmɛnt rɪˈleɪʃəns

29 Dec 2023

Phrase

  • to make a relationship stronger.
Example Sentence: The week long team building really cemented relations in the group.
 

INTELLECTUAL PROPERTY ɪntlˈɛktʃuəl prɒpərti

29 Nov 2023

Noun

  • something that somebody creates which has value, esp. music, art, text, etc.
Example Sentence: The designer claims that her intellectual property rights were infringed.
 

SURPLUS sɜrplʌs

29 Oct 2023

Noun

  • extra money that was not spent.
Example Sentence: The surplus is due to the falling energy costs.
 

CLINCH klɪntʃ

29 Sep 2023

Verb

  • to successfully close a difficult business deal.
Example Sentence: After 5 hours of negotiating, they finally clinched a deal.
 

PERK pɜrk

29 Aug 2023

Noun

  • an added benefit of something, especially a job.
Example Sentence: The company car is just one of the perks of my new job.
 

CONSIGNMENT kənˈsaɪnmənt

29 Jul 2023

Noun

  • a certain amount of deliverable products.
Example Sentence: The consignment of goods from Belgium is delayed.
 

CALL OFF kɔl ɔf

29 Jun 2023

Phrasal Verb

  • cancel.
Example Sentence: We've decided to call off Friday's meeting.
 

GET AT gɛt æt

29 May 2023

Phrasal Verb

  • to say indirectly.
Example Sentence: What are you getting at, Andy? Do you think I was wrong to tell her?
 

SUBORDINATE səˈbɔrdnˌeɪt

29 Apr 2023

Noun

  • somebody who is in a lower position than somebody else in an organisation.
Example Sentence: He was accused of abusing his subordinates.
 

DIVERSIFY dɪˈvɜrsəˌfaɪ

29 Mar 2023

Verb

  • to start providing more varied products or services.
Example Sentence: Farmers are being encouraged to diversify in order to survive.
 

GAIN GROUND geɪn graʊnd

29 Jan 2023

Phrase

  • to go forward, to make progress.
Example Sentence: Our company is gaining ground in its attempt to be the best in the industry.
 

IN THE BLACK  

29 Dec 2022

Phrase

  • to be successful, to be making money, to be profitable.
Example Sentence: The new company has been in the black for many years now.
 
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