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General

CONCESSION kənˈsɛʃən

Noun

  • the act of accepting less than you originally wanted.
Example Sentence: They made a concession by dropping the price.
 

COMPLY WITH kəmˈplaɪ wɪθ

Phrasal Verb

  • to follow or behave in line with an official rule.
Example Sentence: Does this product comply with our national safety standards?
 

CEMENT RELATIONS sɪˈmɛnt rɪˈleɪʃəns

Phrase

  • to make a relationship stronger.
Example Sentence: The week long team building really cemented relations in the group.
 

ADVENT ædvɛnt

Noun

  • the arrival of something that has been waited for a long time.
Example Sentence: The advent of affordable electric vehicles will help the environment.
 

TURNAROUND tɜrnəˌraʊnd

Noun

  • an improvement following poor performance.
Example Sentence: The impressive sales figures are a dramatic turnaround for the company.
 

TRADEOFF treɪdˌɔf

Noun

  • a situation in which you accept something bad in exchange for something good.
Example Sentence: They may be willing to accept the tradeoff of a higher price for time saved.
 

STICKING POINT stɪkɪn pɔɪnt

Noun

  • a point in a negotiation where progress cannot be made.
Example Sentence: A key sticking point in the negotiations was the issue of salaries.
 

STAGNATE stægneɪt

Verb

  • to not grow or develop.
Example Sentence: Property sales in villages near the factory have stagnated.
 

SLOWDOWN sloʊˌdaʊn

Noun

  • when something becomes less active and less is produced.
Example Sentence: They forecast a slowdown in UK economic growth.
 

SHORE UP ʃɔr ʌp

Phrase

  • to make a system or organisation stronger and less likely to fail.
Example Sentence: The president has promised to shore up the economy.
 

REVAMP riˈvæmp

Verb

  • to change something in order to make it better and more modern.
Example Sentence: The company plans to revamp all its outlets over the coming year.
 

RESTRUCTURE riˈstrʌktʃər

Verb

  • to make changes to the organisation of a company.
Example Sentence: The new owner plans to restructure the failing car maker.
 

OUTLOOK aʊtˌlʊk

Noun

  • how the future looks based on current predictions.
Example Sentence: The outlook for small firms has worsened in recent months.
 

ON SCHEDULE ɒn skɛdʒul

Phrase

  • on time, according to a plan.
Example Sentence: He says that the building project is still on schedule.
 

MOGUL moʊgəl

Noun

  • a very wealthy or powerful person in business.
Example Sentence: He is described as the world’s most powerful media mogul.
 
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