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. To receive 'Business Word/Phrase of the Day' by email, just subscribe to our newsletter. You can choose whether to receive notifications daily, weekly or monthly. Simply click on the link on the right to subscribe. It's free!

DOMESTIC dəˈmɛstɪk

20 Mar 2019

Adjective

  • relating to a country's internal economy or businesses.
Example Sentence: They are attempting to protect the domestic industries.
 

DISPUTE dɪˈspyut

19 Mar 2019

Noun

  • argument.
Example Sentence: He left the company after a dispute with his manager.
 

DESPATCH dɪˈspætʃ

18 Mar 2019

Verb

  • to send something (especially a business delivery)
Example Sentence: We will despatch the goods when the payment is received.
 

DEPOSIT dɪˈpɒzɪt

17 Mar 2019

Noun

  • a large store of something natural deep underground, especially oil.
Example Sentence: Companies are searching for oil deposits under the Pacific Ocean.
 

DECLINING MARKET  

16 Mar 2019

Phrase

  • a market that is becoming worse.
Example Sentence: The declining market in caravans is due to the growth of cheap airlines.
 

TO CORNER THE MARKET  

15 Mar 2019

phrase

  • If a company corners the market for a particular type of product, it is more successful than any other company at selling the product.
Example Sentences: He's the only person who imports this product. He's really cornered the market.
MacDonald's have cornered the fast-food market - they're in every big city in the world.
 

CONSORTIUM kənˈsɔrʃiəm

14 Mar 2019

Noun

  • a group of companies that cooperate and share resources.
Example Sentence: The company is part of an international consortium.
 

CONSIGNMENT kənˈsaɪnmənt

13 Mar 2019

Noun

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

FOLLOW UP fɒloʊ ʌp

12 Mar 2019

Phrasal Verb

  • get more information.
Example Sentence: The manager has said he would follow up the idea.
 

CONFIDENTIALITY kɒnfɪˈdɛnʃəl

11 Mar 2019

Noun

  • the state of being secret.
Example Sentence: I am giving you this information in complete confidentiality.
 

COMMUTE kəˈmyut

10 Mar 2019

Verb

  • to travel to and from a city every day for work.
Example Sentence: I commute to work by train, a round-trip distance of 40 miles.
 

COMMISSION kəˈmɪʃən

09 Mar 2019

Noun

  • money which is paid when somebody achieves certain targets.
Example Sentence: The salary is average but they can earn commission on top.
 

COHERENT koʊˈhɪərənt

08 Mar 2019

Adjective

  • well-organised (typically used to describe a text or speech)
Example Sentence: He gave a coherent argument for making all drugs legal.
 

CLASSIC BRAND klæsɪk brænd

07 Mar 2019

Noun

  • a brand that many people have known for a long time.
Example Sentence: Coca Cola is the best known classic brand.
 

CHECKOUT tʃɛkˌaʊt

06 Mar 2019

Noun

  • the place in a shop or supermarket where you pay.
Example Sentence: When he went to the checkout he realised he had no money.
 
Menu