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!

ESSENCE ɛsəns

23 Aug 2019

Noun

  • the most important part of an idea, a system etc.
Example Sentence: The essence of her message was that costs must be reduced.
 

DIRECT MAIL dɪˈrɛkt meɪl

22 Aug 2019

Noun

  • a form of advertising when promotional letters are sent to potential customers.
Example Sentence: They started to promote their service by using direct mail.
 

DEREGULATION diˈrɛgyəˌleɪt

21 Aug 2019

Noun

  • the reduction of rules that aim to control an industry .
Example Sentence: Their success is partly due to deregulation of the industry.
 

CUSTOMER LOYALTY kʌstəmər lɔɪəlti

20 Aug 2019

Noun

  • the likelihood customers will stay with a company and resist competitive offers.
Example Sentence: The supermarket is hoping to boost customer loyalty with the new reward scheme.
 

CURRENCY CONTROL kɜrənsi kənˈtroʊl

19 Aug 2019

Noun

  • controlling the exchange of foreign money to protect domestic interests.
Example Sentence: The national bank is introducing currency controls to support industry.
 

COPYRIGHT INFRINGEMENT kɒpiˌraɪt ɪnˈfrɪndʒmənt

18 Aug 2019

Noun

  • the illegal production and sale of a product protected by law.
Example Sentence: The record company is suing the man for copyright infringement.
 

COPYCAT kɒpiˌkæt

17 Aug 2019

Noun

  • something which is an intentional imitation/copy of something else.
Example Sentence: Following their success, there are many more copycats appearing.
 

CONCESSION kənˈsɛʃən

16 Aug 2019

Noun

  • the act of accepting less than you originally wanted.
Example Sentence: They made a concession by dropping the price.
 

COMPLY WITH kəmˈplaɪ wɪθ

15 Aug 2019

Phrasal Verb

  • to follow or behave in line with an official rule.
Example Sentence: Does this product comply with our national safety standards?
 

COMMERCIAL kəˈmɜrʃəl

14 Aug 2019

Noun

  • an advertisement on the television.
Example Sentence: He went to make a coffee during the commercial break.
 

CHAIN tʃeɪn

13 Aug 2019

Noun

  • many shops that are run under the same name, brand & owner.
Example Sentence: The supermarket chain is opening a new store in the town.
 

CEMENT RELATIONS sɪˈmɛnt rɪˈleɪʃəns

12 Aug 2019

Phrase

  • to make a relationship stronger.
Example Sentence: The week long team building really cemented relations in the group.
 

CARRIER kæriər

11 Aug 2019

Noun

  • the company responsible for transporting freight.
Example Sentence: The carrier will deliver the goods to the port in Hong Kong.
 

CAMPAIGN kæmˈpeɪn

10 Aug 2019

Noun

  • a group of activities that want to achieve a particular aim.
Example Sentence: They've launched a new advertising campaign on the TV.
 

BUDGET CONSTRAINT bʌdʒɪt kənˈstreɪnt

09 Aug 2019

Noun

  • things that limit the amount of money that can be spent.
Example Sentence: The department manager was restricted by strict budget constraints.
 
Menu