Search Content

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. 

APPOINT əˈpɔɪnt

Verb

  • to officially give somebody a job, task or responsibility
Example Sentence: He was appointed as head of the investigation.
 

ALLOCATE æləˌkeɪt

Verb

  • to specify where something (especially resources) will go.
Example Sentence: They have allocated $50 million for research and development.
 

AFTER-SALES SERVICE  

Noun

  • service that is provided after something has been sold.
Example Sentence: The company was praised for its excellent after-sales service.
 

APPOINT əˈpɔɪnt

Verb

  • to officially give somebody a job, task or responsibility.
Example Sentence: He was appointed as head of the investigation.
 

FREIGHT freɪt

Noun

  • commercial goods that are being transported long distance.
Example Sentence: The goods arrive by ship and then continue by freight train.
 

LEAD TIME lid taɪm

Phrase

  • the time available to prepare for an event.
Example Sentence: The lead time to get a book published is very long.
 

SALES FORCE seɪlz fɔrs

Noun

  • all the people who sell for a company.
Example Sentence: The company is hoping to expand its sales force.
 

BOARD bɔrd

Noun

  • a group of people who are responsible for making decisions.
Example Sentence: The corporation is run by a Board of Governors.
 

PARENT COMPANY pɛərənt kʌmpəni

Noun

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

PERSUASIVE pərˈsweɪsɪv

Adjective

  • able to make somebody do something or believe (in) something.
Example Sentences: He was so persuasive that it was impossible to beat him as a salesman – he could sell anyone anything any time.
 

STONE BROKE /stoʊni broʊk/

Phrase

  • If you are stone broke, you are completely without money.
Example Sentences: Don't ask Jim to lend you any money; he's stone broke.
 

SELF-EMPLOYED /ˌself.ɪmˈplɔɪd/

adjective

  • a person who works as a writer, designer, performer, or the like, selling work or services by the hour, day, job, etc., rather than working on a regular salary basis for one employer
Example Sentences:Do you pay less tax if you're self-employed?
John is self-employed. He runs a small garden maintenance company.
 

ACQUISITION ˌækwəˈzɪʃən

Noun

  • the process of getting or buying something, especially another business.
Example Sentence: The company will pay $210 million in cash to complete the acquisition.
 

CORNER THE MARKET  

Phrase

  • to sell to a special group of people.
Example Sentence: They have cornered the market for men's shaving equipment.
 

CLEAR UP klɪər ʌp

Phrasal Verb

  • make understandable.
Example Sentence: Have I cleared up anything that you did not understand?
 
Menu