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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. 

FLOOD A MARKET  

09 Aug 2023

Phrase

  • to introduce a new product on the market in a very large quantity.
Example Sentence: They have flooded the market with merchandise for the film.
 

EXPAND ɪkˈspænd

08 Aug 2023

Verb

  • to become larger in size or number.
Example Sentence: The company is going to expand to China and Japan.
 

ENDORSEMENT ɛnˈdɔrsmənt

07 Aug 2023

Noun

  • a form of advertising that involves a famous person to promote a product.
Example Sentence: The athlete's endorsement helped boost sales of the product.
 

DUMPING dʌmpɪn

06 Aug 2023

Verb

  • when goods are sold abroad for a much cheaper price.
Example Sentence: Dumping enables companies to offload unwanted stock.
 

DOMESTIC dəˈmɛstɪk

05 Aug 2023

Adjective

  • relating to a country's internal economy or businesses.
Example Sentence: They are attempting to protect the domestic industries.
 

DISPUTE dɪˈspyut

04 Aug 2023

Noun

  • argument.
Example Sentence: He left the company after a dispute with his manager.
 

DESPATCH dɪˈspætʃ

03 Aug 2023

Verb

  • to send something (especially a business delivery)
Example Sentence: We will despatch the goods when the payment is received.
 

DEPOSIT dɪˈpɒzɪt

02 Aug 2023

Noun

  • a large store of something natural deep underground, especially oil.
Example Sentence: Companies are searching for oil deposits under the Pacific Ocean.
 

DECLINING MARKET  

01 Aug 2023

Phrase

  • a market that is becoming worse.
Example Sentence: The declining market in caravans is due to the growth of cheap airlines.
 

CONSORTIUM kənˈsɔrʃiəm

30 Jul 2023

Noun

  • a group of companies that cooperate and share resources.
Example Sentence: The company is part of an international consortium.
 

CONSIGNMENT kənˈsaɪnmənt

29 Jul 2023

Noun

  • a certain amount of deliverable products.
Example Sentence: The consignment of goods from Belgium is delayed.
 

FOLLOW UP fɒloʊ ʌp

28 Jul 2023

Phrasal Verb

  • get more information.
Example Sentence: The manager has said he would follow up the idea.
 

CONFIDENTIALITY kɒnfɪˈdɛnʃəl

27 Jul 2023

Noun

  • the state of being secret.
Example Sentence: I am giving you this information in complete confidentiality.
 

COMMUTE kəˈmyut

26 Jul 2023

Verb

  • to travel to and from a city every day for work.
Example Sentence: I commute to work by train, a round-trip distance of 40 miles.
 

COMMISSION kəˈmɪʃən

25 Jul 2023

Noun

  • money which is paid when somebody achieves certain targets.
Example Sentence: The salary is average but they can earn commission on top.
 
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