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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. 

DIVISION dɪˈvɪʒən

24 Nov 2023

Noun

  • a part of an organisation.
Example Sentence: She heads the company's worldwide sales division.
 

DIVERSIFY dɪˈvɜrsəˌfaɪ

23 Nov 2023

Verb

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

COMMODITY kəˈmɒdɪti

22 Nov 2023

Noun

  • something that can be bought or sold e.g. a resource or product.
Example Sentence: Primary commodities tend to be produced in poorer countries.
 

COLLABORATE kəˈlæbəˌreɪt

21 Nov 2023

Verb

  • to work with somebody on a project or task.
Example Sentence: The two companies will collaborate to develop, produce and sell computers.
 

CHANGE HANDS tʃeɪndʒ hænds

20 Nov 2023

Phrase

  • to pass to a different owner.
Example Sentence: The company changed hands for $150 million.
 

CASHFLOW kæʃfloh

19 Nov 2023

Noun

  • the amount of money moving through a company.
Example Sentence: Accountants can advise on systems for managing cashflow.
 

CAPITAL EXPENDITURE kæpɪtl ɪkˈspɛndɪtʃər

18 Nov 2023

Noun

  • the cost of long-term improvements.
Example Sentence: They do not have enough cashflow to cover their capital expenditure.
 

BUYOUT baɪˌaʊt

17 Nov 2023

Noun

  • when a person or group buys control of a company.
Example Sentence: A private equity firm has completed its $3.5bn buyout of the UK music group.
 

ANALYST ænlɪst

16 Nov 2023

Noun

  • Somebody whose job is to carefully study and understand something.
Example Sentence: Business analysts say the crisis is likely to hurt the country’s economy.
 

IN-HOUSE ɪnˌhaʊs

15 Nov 2023

Adjective

  • provided or carried out by the company and not by an external contractor.
Example Sentence: We are arranging an in-house training course for managers.
 

FREELANCE friˌlæns

14 Nov 2023

Noun

  • earning money by selling your services to other businesses.
Example Sentence: She is a freelance graphic designer.
 

FREE REIN fri reɪn

13 Nov 2023

Noun

  • allow somebody to do whatever they want.
Example Sentence: Each department had free rein to make decisions and set procedures.
 

ESTABLISH ɪˈstæblɪʃ

12 Nov 2023

Verb

  • to start a company, especially one that has lasted for a long time.
Example Sentence: The company was established in 1856.
 

DOWNSIZE daʊnˌsaɪz

11 Nov 2023

Verb

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

DEPRECIATE dɪˈpriʃiˌeɪt

10 Nov 2023

Verb

  • to lose value, especially with time.
Example Sentence: In general, big cars tend to depreciate faster than smaller cars.
 
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