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. 

CLAIM  kleɪm

Noun

  • the filing of an accident, natural disaster or death in order to get money from insurance company.
Example Sentence: Have you filed a claim yet for that car accident?

 

 

BOARDING PASS bɔrdɪŋ pæs

Noun

  • a card that a passenger must have to be allowed to enter a plane
Example Sentence: You must show your passport and boarding pass to the immigration official.

 

 

EXCEED ɪkˈsid

Verb

  • to go beyond a certain number or point.
Example Sentence: Costs will exceed last year's projections if we do not act soon.
 

REVAMP riˈvæmp

Verb

  • to change something in order to make it better and more modern.
Example Sentence: The company plans to revamp all its outlets over the coming year.
 

DEPRECIATE dɪˈpriʃiˌeɪt

Verb

  • to lose value, especially with time.
Example Sentence: In general, big cars tend to depreciate faster than smaller cars.
 

INCENTIVE ɪnˈsɛntɪv

Noun

  • something that incites or encourages an action or greater effort.
Example Sentence: Many universities have started providing large incentives to encourage student enrolment.
 

STAFF TURNOVER stæf tɜrnˌoʊvər

Noun

  • the rate with which employees leave and join a company.
Example Sentence: Morale is very low and so staff turnover is quite high.
 

FRANCHISE SOMETHING fræntʃaɪz

Verb

  • to give somebody the exclusive right to sell your product in an area.
Example Sentence: They franchised the technology to a firm in China.
 

PUT DOWN pʊt daʊn

Phrasal Verb

  • add.
Example Sentence: You can put my name down on the list.
 

PHASE OUT feɪz aʊt

Phrasal Verb

  • stop over time.
Example Sentence: Sweden is planning to phase out its nuclear reactors by the year 2013.
 

STRIKE A DEAL  

Verb

  • to successfully make a business agreement.
Example Sentence: After hours of negotiating, they managed to strike a deal.
 

OBSTACLE ɒbstəkəl

Noun

  • something which makes it difficult to do something or get somewhere.
Example Sentence: Companies say that corruption is still the biggest obstacle in the region.
 

TO REGISTER /ˈredʒ.ɪ.stər/

verb

  • to put information, especially your name or email address, into an official list or record on a website
Example Sentences:To use the forum of this site, you need to register.
Only registered users can access the subscriber’s area of the site.
 
Menu