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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. 

IN CHARGE OF (SOMEONE OR SOMETHING)  

23 Jan 2023

Phrase

  • to be in control of someone or something.
Example Sentence: My sister has been in charge of buying supplies at her company for many years.
 

GO PUBLIC goʊ pʌblɪk

23 Dec 2022

Phrase

  • to become a public company and to sell the company.
Example Sentence: The stock of the Internet company rose very quickly after the company went public.
 

BIGWIG bɪgˌwɪg

23 Nov 2022

Phrase

  • an important person, a leader
Example Sentence: Some of the bigwigs of our company came to visit our factory.
 

FLAW flɔ

23 Oct 2022

Verb

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

TO HIT A GLASS CEILING  

23 Sep 2022

Phrase

  • the phenomenon when a career seems to be advancing for a while and then – for no apparent reason – promotions stop and the person is stuck in a certain position or at a certain level on the career ladder.
Example Sentence: They often say there's an invisible glass ceiling women hit at their workplace – certain positions are simply available only for men.
 

BREAKEVEN breɪkˈivən

23 Aug 2022

Noun

  • the point at which a business operation can begin to make profit, and no longer loses money.
Example Sentence: I'm sure my husband's company will reach breakeven within a year.
 

FRANCHISEE fræntʃaɪˈzi

23 Jul 2022

Noun

  • a company or a person to whom franchise rights (of a product, service etc) are granted.
Example Sentence: The franchisor always provides the franchisee with a franchise operation manual to make sure that everything is explained properly.
 

YIELD yild

23 Jun 2022

Noun

  • Return on investment shown as a percentage.
Example Sentence: On average last year I was getting a 7.7% yield on my property investments.
The company offered a 10% yield on its investment.
 

THE BIG PICTURE  

23 May 2022

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/

23 Apr 2022

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 BACK /peɪ bæk/

23 Mar 2022

Phrasal Verb

  • to return money owed to someone.
Example Sentence: Can you lend me $50? I'll pay you back tomorrow.
 

ADWARE /ˈædˌwɛə/

23 Jun 2013

noun

  • Adware, or advertising-supported software, is any software package which automatically plays, displays, or downloads advertisements to a computer. These advertisements can be in the form of a pop-up.
Example Sentences:Adware can clog up your computer and make it run more slowly.
Adware and spyware is a multi-billion dollar business.
 

TO MAKE SOMEONE REDUNDANT  

23 Aug 2012

phrase

  • To make a person leave their job because they are no longer necessary to the efficient working of the company
Example Sentences:To keep the company alive, half the workforce is being made redundant.
As the company is no longer profitable, quite a few staff will have to be made redundant.
 
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