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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. 

TABLE A DISCUSSION  

28 Feb 2023

Phrase

  • to postpone a discussion until a later time.
Example Sentence: We tabled the discussion about the salary issue until the next meeting.
 

GET OFF THE GROUND  

28 Jan 2023

Phrase

  • o make a successful beginning.
Example Sentence: We were unable to get the new product off the ground but we will try again.
 

IN BLACK AND WHITE  

28 Dec 2022

Phrase

  • in writing.
Example Sentence: The company refused to deal with the customer's complaints until they were put in black and white.
 

BUDGET CRUNCH/SQUEEZE  

28 Nov 2022

Phrase

  • a situation where there is not enough money in the company.
Example Sentence: There is a severe budget squeeze at our company and we must stop wasting money.
 

BRAND AWARENESS brænd əˈwɛərnɛs

28 Oct 2022

Noun

  • the extent to which a brand is recognised by the public.
Example Sentence: The ad campaign aims to boost brand awareness in the country.
 

GROSS NATIONAL PRODUCT  

28 Sep 2022

Noun

  • the total value of all the services and goods produced by a certain country a year including the income from abroad.
Example Sentence: Why should we be happy when our GNP increases?' It is a question every economist can answer very easily.
 

TO FIRE SOMEONE faɪər sʌmˌwʌn

28 Aug 2022

Verb

  • to officially terminate somebody's employment; to make someone leave their job.
Example Sentences: He was so bad at handling customer complaints that in the end we had to fire him.
Andy got fired last week because he turned out to be the spy of our competitor.
 

TO SKYROCKET skaɪˌrɒkɪt

28 Jul 2022

Verb

  • if share prices, market prices, wages etc SKYROCKET, they rise really quickly and to a high level.
Example Sentence: We only managed to survive last year because share prices in this sector unexpectedly skyrocketed and it saved us from going bust.
 

TAX HAVEN tæks heɪvən

28 Jun 2022

Noun

  • Is a country where companies or individuals may legally take advantage of lower taxation levels.
Example Sentence: Well-known tax havens include: Bermuda, British Virgin Islands, Gibraltar and the Isle of Man.
 

WHITE COLLAR WORKERS  

28 May 2022

Phrase

  • Are people who work in offices, doing work that needs mental rather than physical effort. White collar workers are generally better educated and more highly paid.
Example Sentence: Jim is a typical white collar worker – university-educated, middle-class background, working for a well-known high-street bank.
 

THE GRAVY TRAIN  

28 Apr 2022

Phrase

  • The gravy train is a way of making money quickly, easily, and often dishonestly.
Example Sentences: With no end to the property boom in sight, speculators are continuing to ride the gravy train.
 

BREAK INTO /breɪk ɪntʊ/

28 Mar 2022

Phrasal Verb

  • to start to use money that you have saved.
Example Sentence: I broke into my savings to buy a beautiful diamond engagement ring for my girlfriend.
 

FORMERLY fɔrmərli

28 Feb 2022

adverb

  • Formerly is an adverb meaning in the past.
Example Sentences: The European Union was formerly called the European Community.
Hong Kong was formerly a British colony.
 

TO MAKE A KILLING  

28 Jan 2022

phrase

  • If you make a killing, you earn a lot of money in a short time and with little effort.
Example Sentences: I bought the shares cheap and sold them for a lot. I really made a killing.
They made a killing with the sale of their London house.
 

REGULAR CUSTOMER /reg′yə lər kus′tə mər/

28 Dec 2021

phrase

  • a customer who often buys a product or service from the same company
Example Sentences:We generally give better sales terms to our regular customers.
As I’m a regular customer, can you offer me a bigger discount?
 
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