Business Word/Phrase of the Day

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FUTURES fyutʃər

25 Feb 2020


  • Contracts to buy or sell securities at a future date.
Example Sentence: If you invest in futures and predict that a stock will decrease in value by a certain date, but the stock actually increases in value, you will lose money.

MERGED /mɜrdʒ/

25 Jan 2020


  • If two companies merge, they join together to form a single company
Example Sentences: When did Glaxo Welcome and Smithkline Beecham merge?
We merged with X company in 1990.


25 Dec 2019


  • to record money subtracted from an account.
Example Sentence: His account was debited a $4.00 service charge.

CURRANT kɜrənt

25 Nov 2019


  • A currant is a small black dried grape without seeds, used especially in cakes.
Example Sentences: The Christmas cake is full of currants.


25 Oct 2019


  • To cook the books is to change numbers dishonestly in the accounts of an organization, especially in order to steal money from it or to avoid paying corporation tax.
Example Sentences: Their accounts were completely fake. They had been cooking the books for years.
His company never pays any tax. I wonder if they're cooking the books.

GOODS /go̵odz/

25 Sep 2019


  • Things we buy and sell that can be made or grown such as clothes, food and cars.
Example Sentences:What is the total value of the goods in this shipment?
The goods we ordered are currently in port awaiting clearance from customs.

EXCEED ɪkˈsid

25 Aug 2019


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

SALES FORCE /seɪlz fôrs/

25 Jul 2019


  • all the employees of a company whose job is persuading customers to buy their company's products or services
Example Sentences:The company has a worldwide sales force of around 3,000 people.
The company’s sales force has just been cut by 20% due to falling demand for the company’s products.

DOWNSIZE daʊnˌsaɪz

25 Jun 2019


  • to reduce the size of a company or operation by shedding resources.
Example Sentence: The were forced to downsize due to increasing overheads.

INCOME BRACKET ɪnkʌm brækɪt

25 May 2019


  • a category of taxpayers based on their level of income.
Example Sentence: The tax will mainly effect people in the higher income bracket.

SYNERGY sɪnərdʒi

25 Apr 2019


  • the increased result by combining two or more things.
Example Sentence: Working together we create a synergy that we couldn't do alone.


25 Mar 2019


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

ALLIANCE əˈlaɪəns

25 Feb 2019


  • 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.

PUT OFF pʊt ɔf

25 Jan 2019

Phrasal Verb

  • postpone.
Example Sentence: They had decided to put the wedding off until her brother came home from abroad.

BACK OUT bæk aʊt

25 Dec 2018

Phrasal Verb

  • leave the negotiation.
Example Sentence: They backed out of the deal at the last minute.