Business Word/Phrase of the Day

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AT A LOSS  

10 Aug 2020

Phrase

  • At less than the cost, at a financial loss.
Example Sentence: Everything was on sale but at a loss so the prices were very low.
 

ALLIANCE əˈlaɪəns

10 Jul 2020

Noun

  • a group which is held together by an agreement, especially political or military.
Example Sentence: The UK and US formed a military alliance in Iraq.
 

A SENSE OF ACCOMPLISHMENT  

10 Jun 2020

Noun

  • the feeling that you have achieved something impressive, usually with a lot of work.
Example Sentence: When Sam drank his first home-made wine he felt a sense of accomplishment.
 

TO SOAR sɔr

10 May 2020

Verb

  • (of an amount or value) – to rise very speedily.
Example Sentence: The number of really poor families has soared to record high levels.
 

BARGAINING CHIP bɑrgənɪŋ tʃɪp

10 Apr 2020

Noun

  • something that can be traded in a negotiation to gain advantage for yourself.
Example Sentence: The minister has a bargaining chip – she will only agree to the bailout if the opposition supports her competitiveness pack.
 

STOCKHOLDER stɒkˌhoʊldər

10 Mar 2020

Noun

  • Person who owns stocks and shares.
Example Sentence: Four stockholders own 88% of the company between them.
 

THE BIG PICTURE  

10 Feb 2020

Phrase

  • The overall situation, e.g. when working on a small aspect of a project it is helpful to remember the project as a whole.
Example Sentence: John, you’re not looking at the big picture. We have to look at where we want to be in 12 months time, not focus on short-term goals.
 

TRADE FAIR /treɪd fɛər/

10 Jan 2020

Noun

  • A trade fair is a large gathering at which companies show and sell their products.
Example Sentence: Singapore is currently holding an international trade fair for the IT industry.
 

PAY OFF peɪ ɒf

10 Dec 2019

Phrase

  • to succeed, to yield good results.
Example Sentence: I hope that our plans for the new business will pay off.
 

ACCEPT ækˈsɛpt

10 Nov 2019

verb

  • Accept means to consider something or someone as satisfactory. It can also mean to agree to take something.
Example Sentences: My boss accepted my excuse for coming late to work.
Do you accept credit cards?
 

TO GAIN GROUND  

10 Oct 2019

phrase

  • To gain ground is to begin to see a profit, or to start to do better at something.
Example Sentences: Our stock was dropping for weeks but now it is gaining ground.
If the store sells off all of its old merchandise, it might gain some ground in three months.
 

CONTRACT OF SALE / kän′trakt′ ʌv sāl/

10 Sep 2019

phrase

  • Formal contract by which a seller agrees to sell and a buyer agrees to buy, under certain terms and conditions spelled out in writing in the document signed by both parties. An invoice, for example, is a contract of sale. Also called agreement of sale, contract for sale, sale agreement, or sale contract.
Example Sentences:An invoice is an example of a contract of sale.
Another term for contract of sale is agreement of sale.
 

CAMPAIGN kæmˈpeɪn

10 Aug 2019

Noun

  • a group of activities that want to achieve a particular aim.
Example Sentence: They've launched a new advertising campaign on the TV.
 

HAND IN YOUR NOTICE  

10 Jul 2019

Phrase

  • to officially tell your company that you are leaving the job.
Example Sentence: He handed in his notice when he heard that he had got the new job.
 

STIFF stɪf

10 Jun 2019

Adjective

  • strong and difficult to beat.
Example Sentence: They need to reduce costs in the face of stiff competition.
 
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