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!

STIFF stɪf

10 Jun 2019

Adjective

  • strong and difficult to beat.
Example Sentence: They need to reduce costs in the face of stiff competition.
 

SLASH slæʃ

09 Jun 2019

Verb

  • greatly reduce in price or number.
Example Sentence: Prices have been slashed in the summer sales.
 

SCARCE skɛərs

08 Jun 2019

Adjective

  • not enough of something available, especially a resource.
Example Sentence: Water is scarce in some regions of Africa.
 

SALES PITCH seɪlz pɪtʃ

07 Jun 2019

Noun

  • what a salesman says when trying to sell something.
Example Sentence: His sales pitch was very convincing.
 

POLICY pɒləsi

06 Jun 2019

Noun

  • a plan of what to do in certain situations; a set of ideas.
Example Sentence: The company has a clear policy on dealing with bullying.
 

PLANT plænt

05 Jun 2019

Noun

  • a factory or place where something is produced, including energy.
Example Sentence: They announced that the plant would be closed down in 6 months.
 

PHASE feɪz

04 Jun 2019

Noun

  • a defined stage or part of a process.
Example Sentence: The next phase of the project will involve building a prototype.
 

PERFORMANCE pərˈfɔrməns

03 Jun 2019

Noun

  • how well somebody/something does something.
Example Sentence: The company's performance has improved in recent months.
 

MIDDLEMAN mɪdlˌmæn

02 Jun 2019

Noun

  • 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

Phrase

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

MARK-UP mɑrk ʌp

31 May 2019

Noun

  • 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

Noun

  • 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

Adjective

  • 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

Noun

  • 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

Noun

  • 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.
 
Menu