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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. 

LAY (SOMETHING) ON THE TABLE  

Phrase

  • to present a matter for discussion.
Example Sentence: I went to the meeting and laid my concerns about the new product on the table.
 

LEAD TIME /lēd tīm/

phrase

  • the time from when an order is sent from a customer to a supplier until the ordered products arrive at the customer
Example Sentences:Our lead time is between 7 and 10 days depending on the customer’s location.
Is there anything you can do to shorten your lead time? We need the delivery within a week.
 

LAND AN ACCOUNT  

Phrase

  • to acquire an account.
Example Sentence: The salesman landed a large account on his first day of work.
 

JACK UP THE PRICE OF (SOMETHING)  

Phrase

  • to make a price higher.
Example Sentence: The steel company decided to jack up the price of steel at the beginning of the year.
 

IN THE WORKS  

Phrase

  • to be in preparation, to be in the process of being done.
Example Sentence: The camera company has a new camera in the works but nobody knows about it.
 

IN THE RED  

Phrase

  • to be losing money, to be unprofitable.
Example Sentence: The company has been in the red since the price of oil began to rise rapidly.
 

IN THE LOOP  

Phrase

  • to be involved or to take part in a job.
Example Sentence: I began to work in the evenings and I was no longer in the loop at our company.
 

IN THE BLACK  

Phrase

  • to be successful, to be making money, to be profitable.
Example Sentence: The new company has been in the black for many years now.
 

IN BLACK AND WHITE  

Phrase

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

HOLD A MEETING  

Phrase

  • to conduct a meeting.
Example Sentence: We plan to hold a meeting next week to discuss the problems with our new product.
 

HEADS WILL ROLL  

Phrase

  • someone will be punished.
Example Sentence: Heads will roll when our boss learns about the money that we have lost.
 

HAVE THE FLOOR  

Phrase

  • to have permission to speak in a meeting
Example Sentence: The president had the floor for almost an hour during the meeting.
 

TO HAVE A STAKE IN (SOMETHING)  

Phrase

  • to have part ownership of a company or other business.
Example Sentence: The large oil company has a stake in the new oil exploration company.
 

GO PUBLIC goʊ pʌblɪk

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.
 

GO OVER THE BOOKS  

Phrase

  • to check and analyze the accounting records of a company.
Example Sentence: We hired an outside accountant to go over our books.
 
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