Business Word/Phrase of the Day

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A KICKBACK kɪkˌbæk

16 Sep 2018

Noun

  • an amount of money that is paid illegally for favours.
Example Sentence: The construction company was giving kickbacks to the local politicians.
 

GAIN GROUND geɪn graʊnd

15 Sep 2018

Phrase

  • to go forward, to make progress.
Example Sentence: Our company is gaining ground in its attempt to be the best in the industry.
 

GET OFF THE GROUND  

14 Sep 2018

Phrase

  • o make a successful beginning.
Example Sentence: We were unable to get the new product off the ground but we will try again.
 

GET A RAISE  

13 Sep 2018

Phrase

  • to get an increase in one's salary.
Example Sentence: My sister works hard and she recently got a raise in her new job.
 

HANG OUT ONE’S SHINGLE  

12 Sep 2018

Phrase

  • to open one's own business (usually as a professional).
Example Sentence: My friend decided to hang out his shingle as a dentist soon after he finished college.
 

GIVE (SOMEONE) THE GREEN LIGHT  

11 Sep 2018

Phrase

  • to give someone permission to go ahead with a project.
Example Sentence: Our boss gave us the green light to begin work on the new sales campaign.
 

GO THROUGH WITH (SOMETHING)  

10 Sep 2018

Phrase

  • to do something as planned or as agreed.
Example Sentence: We will not go through with our plans to build the new product until we have sold our stock.
 

IN CHARGE OF (SOMEONE OR SOMETHING)  

09 Sep 2018

Phrase

  • to be in control of someone or something.
Example Sentence: My sister has been in charge of buying supplies at her company for many years.
 

IN SHORT SUPPLY  

08 Sep 2018

Phrase

  • to not have enough of something.
Example Sentence: Experienced computer programmers are in short supply in our company.
 

IN STOCK ɪn stɒk

07 Sep 2018

Phrase

  • available or ready to sell or use.
Example Sentence: The store does not have any printer ribbons in stock.
 

IN THE LONG RUN  

06 Sep 2018

Phrase

  • over a long period of time.
Example Sentence: The company has been losing money recently but in the long run they should be ok.
 

IN THE MARKET FOR (SOMETHING)  

05 Sep 2018

Phrase

  • to be ready to buy something, to want to buy something.
Example Sentence: We have been in the market for a new computer for a long time.
 

KEEP BOOKS kip bʊks

04 Sep 2018

Phrase

  • to keep records of money that is gained or spent.
Example Sentence: The new sales manager does not know how to keep books and he has made many mistakes.
 

KEEP TRACK OF (SOMETHING)  

03 Sep 2018

Phrase

  • to keep a count or record of something.
Example Sentence: We have been making a great effort to keep track of the number of visitors of the centre.
 

KNOCK DOWN THE PRICE OF (SOMETHING)  

02 Sep 2018

Phrase

  • to lower the price of something.
Example Sentence: I bargained hard so that I could knock down the price of the stereo.
 
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