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. 

GET DOWN TO BUSINESS  

23 Dec 2020

Phrase

  • start doing the thing that you intend to do.
Example Sentence: Let's get down to business! What is the first item on the agenda?
 

EQUITY ɛkwɪti

22 Dec 2020

Noun

  • the value of a company’s shares.
Example Sentence: This quarter produced a return on equity of 8.85%.
 

DIVISION dɪˈvɪʒən

21 Dec 2020

Noun

  • a part of an organisation.
Example Sentence: She heads the company's worldwide sales division.
 

DIVERSIFY dɪˈvɜrsəˌfaɪ

20 Dec 2020

Verb

  • to start providing more varied products or services.
Example Sentence: Farmers are being encouraged to diversify in order to survive.
 

DEPOSIT dɪˈpɒzɪt

19 Dec 2020

Noun

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

CUT kʌt

18 Dec 2020

Verb

  • to reduce the amount or value of something.
Example Sentence: The company plans to cut 250 jobs from offices across the country.
 

CONSORTIUM kənˈsɔrʃiəm

17 Dec 2020

Noun

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

COMMODITY kəˈmɒdɪti

16 Dec 2020

Noun

  • something that can be bought or sold, e.g. a resource or product.
Example Sentence: Primary commodities tend to be produced in poorer countries.
 

CHANGE HANDS tʃeɪndʒ hænds

15 Dec 2020

Verb

  • to pass to a different owner.
Example Sentence: The company changed hands for $150 million.
 

CASHFLOW kæʃ floʊ

14 Dec 2020

Noun

  • the amount of money moving through a company.
Example Sentence: Accountants can advise on systems for managing cashflow.
 

CAPITAL EXPENDITURE kæpɪtl ɪkˈspɛndɪtʃə

13 Dec 2020

Noun

  • the cost of long-term improvements.
Example Sentence: They do not have enough cashflow to cover their capital expenditure.
 

BRANCH bræntʃ

12 Dec 2020

Noun

  • a local office or shop that is owned by a larger business.
Example Sentence: The bank has five branches in the city.
 

BOOST bust

11 Dec 2020

Verb

  • to give extra energy or increase something, such as sales.
Example Sentence: They're hoping that the new ad campaign will boost sales.
 

BANKRUPT bæŋkrʌp

10 Dec 2020

Noun

  • financially unable to continue business.
Example Sentence: The company went bankrupt due to mismanagement.
 

AXE æks

09 Dec 2020

Verb

  • to suddenly reduce or stop providing something.
Example Sentence: The product was axed a mere five weeks after it was launched.
 

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