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!

MIDDLEMAN mɪdlˌmæn

02 Jun 2019


  • somebody who acts between two people/groups in business.
Example Sentence: Let's cut out the middleman and work directly with each other.

MEET DEMAND mit dɪˈmænd

01 Jun 2019


  • manage to supply enough of something.
Example Sentence: The company is struggling to meet the sudden demand.

MARK-UP mɑrk ʌp

31 May 2019


  • an increase in the price of something.
Example Sentence: There is a mark-up of 40% on these foreign imports.

MAIL ORDER meɪl ɔrdər

30 May 2019


  • the sale of products that are delivered by post.
Example Sentence: She bought the skirt by mail order but it was never delivered.

LUCRATIVE lukrətɪv

29 May 2019


  • making a lot of money.
Example Sentence: He has signed a lucrative deal with a new record label.

LOSS LEADER lɔs lidər

28 May 2019


  • a product that is sold at a very low price to attract customers.
Example Sentence: Supermarkets often use milk as a loss leader.

LOOPHOLE lupˌhoʊ

27 May 2019


  • a mistake in the law that allows people to do something that they should not.
Example Sentence: Their lawyers found a loophole in the law and they were acquited.

INITIATIVE ɪˈnɪʃiətɪv

26 May 2019


  • an action, especially one that aims to solve a problem.
Example Sentence: The initiative aims to encourage more people to stay in education.

INCOME BRACKET ɪnkʌm brækɪt

25 May 2019


  • a category of taxpayers based on their level of income.
Example Sentence: The tax will mainly effect people in the higher income bracket.

INCENTIVE ɪnˈsɛntɪv

24 May 2019


  • something that incites or encourages an action or greater effort.
Example Sentence: Many universities have started providing large incentives to encourage student enrolment.

IN BULK ɪn bʌlk

23 May 2019


  • in large amounts.
Example Sentence: We buy paper in bulk at a very low price.

GO BUST goʊ bʌst

22 May 2019

Phrasal Verb

  • (of a company) close because it cannot make enough money.
Example Sentence: The company went bust after 12 months of severe losses.

FREE MARKET fri mɑrkɪt

21 May 2019


  • a market that is not influenced by the government.
Example Sentence: He supports a free market for goods in Europe.

FLOP flɒp

20 May 2019


  • very unsuccessful.
Example Sentence: The product was a flop and was discontinued after just 6 months.

ENDORSE ɛnˈdɔrs

19 May 2019


  • (of famous people) to publically say that you think a product is good.
Example Sentence: The boxer endorses the energy drink in their latest commercial.