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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. 

AUTO INSURANCE ɔ toʊ ɪnˈʃʊər əns

Noun

  • insurance which covers automobile accidents, including medical costs and damage to automobile and property.
Example Sentence: Because of an accident last year, my auto insurance premiums have doubled.
 

MONUMENT mɒnyəmənt

Noun

  • a statue or structure built to remember a person or an event.
Example Sentence: The Taj Mahal was built by an emperor in memory of his wife. It is a monument to eternal love.

 

 

CEMENT RELATIONS sɪˈmɛnt rɪˈleɪʃəns

Phrase

  • to make a relationship stronger.
Example Sentence: The week long team building really cemented relations in the group.
 

INTELLECTUAL PROPERTY ɪntlˈɛktʃuəl prɒpərti

Noun

  • something that somebody creates which has value, esp. music, art, text, etc.
Example Sentence: The designer claims that her intellectual property rights were infringed.
 

SURPLUS sɜrplʌs

Noun

  • extra money that was not spent.
Example Sentence: The surplus is due to the falling energy costs.
 

CLINCH klɪntʃ

Verb

  • to successfully close a difficult business deal.
Example Sentence: After 5 hours of negotiating, they finally clinched a deal.
 

PERK pɜrk

Noun

  • an added benefit of something, especially a job.
Example Sentence: The company car is just one of the perks of my new job.
 

CONSIGNMENT kənˈsaɪnmənt

Noun

  • a certain amount of deliverable products.
Example Sentence: The consignment of goods from Belgium is delayed.
 

CALL OFF kɔl ɔf

Phrasal Verb

  • cancel.
Example Sentence: We've decided to call off Friday's meeting.
 

GET AT gɛt æt

Phrasal Verb

  • to say indirectly.
Example Sentence: What are you getting at, Andy? Do you think I was wrong to tell her?
 

SUBORDINATE səˈbɔrdnˌeɪt

Noun

  • somebody who is in a lower position than somebody else in an organisation.
Example Sentence: He was accused of abusing his subordinates.
 

DIVERSIFY dɪˈvɜrsəˌfaɪ

Verb

  • to start providing more varied products or services.
Example Sentence: Farmers are being encouraged to diversify in order to survive.
 

THREAT /θret/

noun

  • a possibility that a weakness in a computer’s system could be attacked and the computer harmed
Example Sentences:There are many threats around such as viruses, worms and trojan horses.
Make sure your computer is fully protected. Spam email could contain security threats, so don’t open them.
 

CAREER BREAK /kəˈrɪər breɪk/

phrase

  • a period of time when one chooses not to have a job, for example because they want to travel or look after their children
Example Sentences:Susan is taking a career break in order to take care of her young children.
I’m taking a career break so I can travel around the world.
 
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