Business Word/Phrase of the Day

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RETAIL OUTLET riteɪl aʊtlɛt

04 Dec 2018


  • a place where products are sold to the public.
Example Sentence: They have retail outlets all over America, Europe and Asia.

RESTRUCTURE riˈstrʌktʃər

03 Dec 2018


  • to make changes to the organisation of a company.
Example Sentence: The new owner plans to restructure the failing car maker.

RECESSION rɪˈsɛʃən

02 Dec 2018


  • a period of economic decline and reduced consumption.
Example Sentence: After the boom of the 1980's the UK economy went into recession.

RECEIVABLES rɪˈsivəbəls

01 Dec 2018


  • money that a business expects to receive.
Example Sentence: The company generates roughly $400 million in receivables annually.

RAISE CAPITAL reɪz kæpɪtl

30 Nov 2018


  • to try to get money for a business venture.
Example Sentence: The factory was sold to raise capital.

PROFITABLE prɒfɪtəbəl

29 Nov 2018


  • making money or likely to make money in the future.
Example Sentence: The most profitable industries are those that are difficult to enter.

PARENT COMPANY pɛərənt kʌmpəni

28 Nov 2018


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

OVERHEADS oʊvərˈhɛds

27 Nov 2018


  • regular costs that a business must pay, such as electricity, salaries, etc.
Example Sentence: Internet companies have much lower overheads.

OUTLOOK aʊtˌlʊk

26 Nov 2018


  • how the future looks based on current predictions.
Example Sentence: The outlook for small firms has worsened in recent months.

ON SCHEDULE ɒn skɛdʒul

25 Nov 2018


  • on time, according to a plan .
Example Sentence: He says that the building project is still on schedule.

OBSTACLE ɒbstəkəl

24 Nov 2018


  • something which makes it difficult to do something or get somewhere.
Example Sentence: Companies say that corruption is still the biggest obstacle in the region.

MOGUL moʊgəl

23 Nov 2018


  • a very wealthy or powerful person in business.
Example Sentence: He is described as the world’s most powerful media mogul.

MINUTES mɪnɪts

22 Nov 2018


  • the official notes taken in a meeting.
Example Sentence: The secretary took the minutes during the meeting.

LEVERAGE lɛvərɪdʒ

21 Nov 2018


  • the power to influence somebody's actions.
Example Sentence: Big companies have a lot of leverage over their business partners.


20 Nov 2018


  • a letter from a bank that guarantees a payment to a specified person.
Example Sentence: The seller requires a letter of credit to secure payment.