Business Word/Phrase of the Day

word-phrase-desc Every 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.

MEAN BUSINESS min bɪznɪs

05 Oct 2020

Phrase

to be serious.

Example Sentence: Our boss means business when he tells everyone to work harder.

MAKE MONEY HAND OVER FIST

04 Oct 2020

Phrase

to make a lot of money.

Example Sentence: The small ice cream shop has been making money hand over fist since it first opened last year.

MAKE AN OFFER

03 Oct 2020

Phrase

to make a financial proposal for a product or service.

Example Sentence: We want to buy the house and we plan to make an offer on Saturday.

MAKE A MOTION

02 Oct 2020

Phrase

to make a suggestion or proposal at a meeting.

Example Sentence: The manager made a motion to finish the meeting early and continue the next day.

MAKE A GO OF (SOMETHING)

01 Oct 2020

Phrase

to produce good results, to succeed at something.

Example Sentence: Although the man works very hard in his small business he cannot make a go of it.

MAKE A COLD CALL

30 Sep 2020

Phrase

to visit or telephone a potential but unknown customer.

Example Sentence: When he first started to work at his company the salesman was asked to make a cold call.

LIQUID ASSETS lɪkwɪd æsɛts

29 Sep 2020

Phrase

property or belongings that can easily be converted to cash.

Example Sentence: The company had to sell some of its liquid assets in order to raise cash.

LAY (SOMETHING) ON THE TABLE

28 Sep 2020

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/

27 Sep 2020

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

26 Sep 2020

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)

25 Sep 2020

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

24 Sep 2020

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

23 Sep 2020

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

22 Sep 2020

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

21 Sep 2020

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.

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