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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. 

FIGURE OUT (SOMETHING) fɪgər aʊt

17 Dec 2022

Phrase

  • to find an answer by thinking about something.
Example Sentence: Everyone is trying to figure out what our boss is going to do with the new product.
 

AT A LOSS  

17 Nov 2022

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.
 

SUM SOMETHING UP  

17 Oct 2022

Phrasal Verb

  • to summarise something; to outline the main points.
Example Sentence: Can we sum up what was said in the meeting.
 

TIER-ONE SUPPLIER  

17 Sep 2022

Noun

  • supplier that stands high on a company's chain of suppliers and is usually in a direct contact with the client.
Example Sentence: Our company is a tier-one supplier of one of the biggest car manufacturers in Japan – we produce their tyres.
 

COLLATERAL kəˈlætərəl

17 Aug 2022

Noun

  • a car, a house or something valuable that you promise to give the lender if you cannot pay back the money you borrowed from them.
Example Sentence: I need $20.000 urgently. I can put my flat in London up as collateral – it must be worth 10 times as much as that.
 

SHARE CERTIFICATE ʃɛər sərˈtɪfɪkɪt

17 Jun 2022

Noun

  • Certificate representing the number of shares owned by an investor.
Example Sentences: In order to sell shares you own in a publicly-listed company, you will need to show your share certificate to your broker.
If you lose your share certificate, you will have to request another one from the company secretary of the company you have invested in.
 

PERCENTAGE pərˈsɛntɪdʒ

17 Jun 2022

Noun

  • rate or proportion out of 100.
Example Sentence: A percentage of the income will be given to a local charity.
 

LIQUIDATION lɪkwɪˈdeɪʃən

17 May 2022

Noun

  • This refers to the sale of all the assets of the company.
Example Sentence: The assets of a company that has gone into liquidation are often sold off at an auction.
 

INTEREST /ɪntərɪst/

17 Apr 2022

Noun

  • the money a bank pays you for their use of your money, or the money you pay the bank for a loan.
Example Sentence: The interest rate on her savings account was higher than that on her checking account.
 

SHORTLIST /ˈʃɔːt.lɪst/

17 Aug 2015

noun

  • a list of people who have been judged the most suitable for a job, made from a longer list of people originally considered, and from which one person will be chosen
Example Sentences:We’ve drawn up a shortlist of five applicants for the position of head of sales.
Since the interview went so well, I’m confident of getting on the shortlist.
 

TO CRASH /kræʃ/

17 Jun 2013

verb

  • (of a computer system) fail suddenly
Example Sentences:A computer virus caused my computer to crash.
I took my laptop to a computer repair shop after it crashed and I was unable to start it again.
 
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