Business Word/Phrase of the Day

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TO STIFLE staɪfəl

18 Apr 2020

Verb

  • To prevent something from happening.
Example Sentence: The strong yen stifles economic growth.
 

TO SATURATE (a market) sætʃəˌreɪt

17 Apr 2020

Verb

  • to fill a market with a certain product to such an extent that no new customer can be found.
Example Sentence: I'm afraid we've saturated the market of event organizers. Next year we'll have to diversify in order to retain the potential for growth.
 

TO SKYROCKET skaɪˌrɒkɪt

16 Apr 2020

Verb

  • if share prices, market prices, wages etc SKYROCKET, they rise really quickly and to a high level.
Example Sentence: We only managed to survive last year because share prices in this sector unexpectedly skyrocketed and it saved us from going bust.
 

TO PLEDGE plɛdʒ

15 Apr 2020

Verb

  • to make an official/serious promise to do something.
Example Sentence: The minister pledged to support the reconstruction of the old town despite the financial crisis.
 

TO EMBEZZLE ɛmˈbɛzəl

14 Apr 2020

Verb

  • to steal money that belongs to your employer.
Example Sentence: The bank's manager was able to embezzle thousands of dollars from his employer.
 

TO INFILTRATE ɪnˈfɪltreɪt

13 Apr 2020

Verb

  • to enter an organization/company secretly in order to gain information about it or cause harm to it.
Example Sentence: The company was infiltrated by Russian agents who stole the description of the new technology.
 

ACQUISITION ækwəˈzɪʃən

12 Apr 2020

Noun

  • the process of getting or buying something, especially another business
Example Sentence: The company will pay $210 million in cash to complete the acquisition.
 

FRANCHISEE fræntʃaɪˈzi

11 Apr 2020

Noun

  • a company or a person to whom franchise rights (of a product, service etc) are granted.
Example Sentence: The franchisor always provides the franchisee with a franchise operation manual to make sure that everything is explained properly.
 

BARGAINING CHIP bɑrgənɪŋ tʃɪp

10 Apr 2020

Noun

  • something that can be traded in a negotiation to gain advantage for yourself.
Example Sentence: The minister has a bargaining chip – she will only agree to the bailout if the opposition supports her competitiveness pack.
 

ADMINISTRATION ædˌmɪnəˈstreɪʃən

09 Apr 2020

Noun

  • the management of any office, business, or organization; direction.
Example Sentence: Changes to the administration will occur after May 1st.
 

CORRESPOND kɔrəˈspɒnd

08 Apr 2020

Verb

  • to be in agreement or conformity
Example Sentence: We hope that our results will correspond with previous findings.
 

TENANT tɛnənt

07 Apr 2020

Noun

  • a person or group that rents and occupies land, a house, an office, or the like, from another for a period of time.
Example Sentence: The tenants were upset about the recent changes to the lease.
 

RETAIL riteɪl

06 Apr 2020

Adjective

  • related to the selling of goods in small quantities (e.g. in a store).
Example Sentence: The retail price was reduced by 30% after the holidays.
 

PERCENTAGE pərˈsɛntɪdʒ

05 Apr 2020

Noun

  • rate or proportion out of 100.
Example Sentence: A percentage of the income will be given to a local charity.
 

BREACH britʃ

04 Apr 2020

Verb

  • to make a breach (break) or opening in OR to act contrary to….
Example Sentence: After the breach in security new officers were hired.
 
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