Business Word/Phrase of the Day

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CLAUSE klɔz

20 Jun 2019

Noun

  • a section or statement from a legal text, such as a law or a contract.
Example Sentence: The lawyer drew his attention to clause 12.5 of the contract.
 

CARGO kɑrgoʊ

19 Jun 2019

Noun

  • the goods being transported by plane or ship.
Example Sentence: When the ship beached, much of the cargo floated ashore.
 

BOARD bɔrd

18 Jun 2019

Noun

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

AUDIT ɔdɪt

17 Jun 2019

Noun

  • an investigation of a company's finances to make sure they are correct.
Example Sentence: They are carrying out the annual audit.
 

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16 Jun 2019

əsaɪn

Verb

  • um einen bestimmten Job oder Aufgabe, jemanden zu geben.
Beispielsatz: Die Job zu finden, mehr Sitze für die Veranstaltung war es, Paul zugeordnet.
 

WHOLESALE hoʊlˌseɪl

15 Jun 2019

Noun

  • sold cheaply in large amounts, especially to shops, who resell the goods.
Example Sentence: They claim to sell their products at wholesale prices.
 

VOLUME vɒlyum

14 Jun 2019

Noun

  • the total amount of something.
Example Sentence: The volume of trade has dropped in recent months.
 

UNIT COST yunɪt kɔst

13 Jun 2019

Noun

  • the cost of producing one item of a product.
Example Sentence: The unit cost of the product is just $2.
 

SURPLUS sɜrplʌs

12 Jun 2019

Noun

  • extra money that was not spent.
Example Sentence: The surplus is due to the falling energy costs.
 

SUBLIMINAL sʌbˈlɪmənl

11 Jun 2019

Adjective

  • in a way that cannot be noticed by the viewer.
Example Sentence: They are accused of using subliminal advertising to sell products to children.
 

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.
 
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