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General

MINUTES mɪnɪts

Noun

  • the official notes taken in a meeting.
Example Sentence: The secretary took the minutes during the meeting.
 

LEVERAGE lɛvərɪdʒ

Noun

  • the power to influence somebody's actions.
Example Sentence: Big companies have a lot of leverage over their business partners.
 

GET INTO DEBT  

Phrase

  • to get into a situation in which you owe people money.
Example Sentence: It's easy to get into debt if you have a credit card.
 

GET DOWN TO BUSINESS  

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?
 

CHANGE HANDS tʃeɪndʒ hænds

Verb

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

BRANCH bræntʃ

Noun

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

AXE æks

Verb

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

ALLOCATE æləˌkeɪt

Verb

  • to specify where something (especially resources) will go.
Example Sentence: They have allocated $50 million for research and development.
 

APPOINT əˈpɔɪnt

Verb

  • to officially give somebody a job, task or responsibility.
Example Sentence: He was appointed as head of the investigation.
 

LEAD TIME lid taɪm

Phrase

  • the time available to prepare for an event.
Example Sentence: The lead time to get a book published is very long.
 

BOARD bɔrd

Noun

  • a group of people who are responsible for making decisions.
Example Sentence: The corporation is run by a Board of Governors.
 

PARENT COMPANY pɛərənt kʌmpəni

Noun

  • a company that owns control of one or more subsidiary companies.
Example Sentence: It is the parent company of several publishing firms.
 

PERSUASIVE pərˈsweɪsɪv

Adjective

  • able to make somebody do something or believe (in) something.
Example Sentences: He was so persuasive that it was impossible to beat him as a salesman – he could sell anyone anything any time.
 

CORNER THE MARKET  

Phrase

  • to sell to a special group of people.
Example Sentence: They have cornered the market for men's shaving equipment.
 

CLEAR UP klɪər ʌp

Phrasal Verb

  • make understandable.
Example Sentence: Have I cleared up anything that you did not understand?
 
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