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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. 

THIRD PARTY INSURANCE  

24 Mar 2024

Noun

  • in an insurance contract, a person who is not the insurance company or the insured person, but who will receive money if they suffer loss or damage caused by the insured person.
Example Sentence: The policyholder is covered if they cause injury or damage to a third party.

 

 

COMPLIMENTARY PASS kɒmpləˈmɛntəri pæs

24 Feb 2024

Noun

  • a card or voucher allowing guests to have a free meal, drink, etc. in the hotel.
Example Sentence: You can use this complimentary pass to get one free drink at our Skyline bar on the 10th floor.

 

 

FESTIVAL fɛstəvəl

24 Jan 2024

Noun

  • a time of celebration or ceremony.
Example Sentence: The festival in Phuket will be celebrated in September this year.

 

 

BREAK OFF breɪk ɔf

24 Dec 2023

Phrasal Verb

  • stop negotiations
Example Sentence: They broke off the negotiations after 10 hours.
 

DIVISION dɪˈvɪʒən

24 Nov 2023

Noun

  • a part of an organisation.
Example Sentence: She heads the company's worldwide sales division.
 

SALES PITCH seɪlz pɪtʃ

24 Oct 2023

Noun

  • what a salesman says when trying to sell something.
Example Sentence: His sales pitch was very convincing.
 

WORD-OF-MOUTH  

24 Sep 2023

Noun

  • when information spreads through conversation.
Example Sentence: The shop's success is entirely down to word-of-mouth.
 

FLAW flɔ

24 Aug 2023

Noun

  • a problem or defect with something, especially a plan.
Example Sentence: The plan was flawed because of the lack of funds.
 

COHERENT koʊˈhɪərənt

24 Jul 2023

Adjective

  • well-organised (typically used to describe a text or speech)
Example Sentence: He gave a coherent argument for making all drugs legal.
 

TURN DOWN tɜrn daʊn

24 Jun 2023

Phrasal Verb

  • refuse offer.
Example Sentence: He was offered the job but he turned it down because it involved too much travelling.
 

COUNT ON kaʊnt ɒn

24 May 2023

Phrasal Verb

  • rely.
Example Sentence: I was counting on that extra bit of income to pay for the course.
 

SHORE UP ʃɔr ʌp

24 Apr 2023

Phrasal Verb

  • to make a system or organisation stronger and less likely to fail.
Example Sentence: The president has promised to shore up the economy.
 

CHANGE HANDS tʃeɪndʒ hænds

24 Mar 2023

Verb

  • to pass to a different owner.
Example Sentence: The company changed hands for $150 million.
 

SELL OUT sɛl aʊt

24 Feb 2023

Phrase

  • to sell all of a product.
Example Sentence: Every year our company is able to sell out most of our summer goods.
 

GO THROUGH WITH (SOMETHING)  

24 Jan 2023

Phrase

  • to do something as planned or as agreed.
Example Sentence: We will not go through with our plans to build the new product until we have sold our stock.
 
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