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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. 

SLOWDOWN sloʊˌdaʊn

14 Dec 2023

Noun

  • when something becomes less active and less is produced.
Example Sentence: They forecast a slowdown in UK economic growth.
 

SHORE UP ʃɔr ʌp

13 Dec 2023

Phrase

  • to make a system or organisation stronger and less likely to fail.
Example Sentence: The president has promised to shore up the economy.
 

SALES FORECAST seɪlz fɔrˌkæst

12 Dec 2023

Noun

  • a prediction of how you expect sales to change in the future.
Example Sentence: The company lowered it sales forecast for the third quarter.
 

REVAMP riˈvæmp

10 Dec 2023

Verb

  • to change something in order to make it better and more modern.
Example Sentence: The company plans to revamp all its outlets over the coming year.
 

RESTRUCTURE riˈstrʌktʃər

09 Dec 2023

Verb

  • to make changes to the organisation of a company.
Example Sentence: The new owner plans to restructure the failing car maker.
 

RECEIVABLES rɪˈsivəbəls

08 Dec 2023

Noun

  • money that a business expects to receive.
Example Sentence: The company generates roughly $400 million in receivables annually.
 

RAISE CAPITAL reɪz kæpɪtl

07 Dec 2023

Phrase

  • to try to get money for a business venture.
Example Sentence: The factory was sold to raise capital.
 

PARENT COMPANY pɛərənt kʌmpəni

06 Dec 2023

Noun

  • a company that owns control of one or more subsidiary companies.
Example Sentence: It is the parent company of several publishing firms.
 

OVERHEADS ˈoʊvərˈhɛds

05 Dec 2023

Noun

  • the costs you pay regularly when running your business, e.g. the cost of electricity, heating, phone bills etc.
Example Sentence: Since the new management laid off half of our workers our overheads have been an all-time low.
 

OUTLOOK aʊtˌlʊk

04 Dec 2023

Noun

  • how the future looks based on current predictions.
Example Sentence: The outlook for small firms has worsened in recent months.
 

ON SCHEDULE ɒn skɛdʒul

03 Dec 2023

Phrase

  • on time, according to a plan.
Example Sentence: He says that the building project is still on schedule.
 

MOGUL moʊgəl

02 Dec 2023

Noun

  • a very wealthy or powerful person in business.
Example Sentence: He is described as the world’s most powerful media mogul.
 

LEVERAGE lɛvərɪdʒ

01 Dec 2023

Noun

  • the power to influence somebody's actions.
Example Sentence: Big companies have a lot of leverage over their business partners.
 

INTELLECTUAL PROPERTY ɪntlˈɛktʃuəl prɒpərti

29 Nov 2023

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.
 

HOSTILE TAKEOVER BID  

28 Nov 2023

Noun

  • an aggressive attempt by a company to buy control of another company.
Example Sentence: Their French rival has launched a hostile takeover bid.
 
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