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Business Word/Phrase of the Day

word-phrase-descEvery day we publish a business word or phrase together with audio pronunciation, phonetics, definition and example sentences. This is a great way to improve your workplace vocabulary as well as your pronunciation. To receive 'Business Word/Phrase of the Day' by email, just subscribe to our newsletter from the link above. 

BOND /band/

22 Apr 2024

noun

  • an official paper given by the government or a company to show that you have lent them money that they will pay back to you at an interest rate that does not change
Example Sentences:I invested some money in savings bonds.
When bank interest rates are low, government bonds are often the best investment option.
 

POLICYHOLDER pɒləsiˌhoʊldər

22 Mar 2024

Noun

  • a person or group that has made an agreement with an insurance company that it will provide insurance against particular risks.
Example Sentence: The sickness cover pays out a lump sum if the policyholder is diagnosed as suffering from a serious illness.

 

 

KEYPASS ki pas

22 Feb 2024

Noun

  • an electronic key to enter a hotel room.
Example Sentence: Can you reset my keypass? It won’t let me enter my room.

 

 

ROUTE raʊt

22 Jan 2024

Noun

  • the way or the roads you travel to get to your destination.
Example Sentence: The route from the airport to our hotel takes in some stunning views of the ocean.

 

 

APTITUDE TEST æptɪˌtud tɛst

22 Dec 2023

Noun

  • a test which measures a person's ability to do a certain job.
Example Sentence: Candidates will be required to complete an aptitude test.
 

COMMODITY kəˈmɒdɪti

22 Nov 2023

Noun

  • something that can be bought or sold e.g. a resource or product.
Example Sentence: Primary commodities tend to be produced in poorer countries.
 

PLANT plænt

22 Oct 2023

Noun

  • a factory or place where something is produced, including energy.
Example Sentence: They announced that the plant would be closed down in 6 months.
 

VOUCHER vaʊtʃər

22 Sep 2023

Noun

  • a paper which can be exchanged for something up to a certain value.
Example Sentence: My aunty always gives me book vouchers at Christmas.
 

DURABLE dʊərəbəl

22 Aug 2023

Adjective

  • lasting a long time without wear.
Example Sentence: Their range of kitchen products are durable but inexpensive.
 

CHECKOUT tʃɛkˌaʊt

22 Jul 2023

Noun

  • the place in a shop or supermarket where you pay.
Example Sentence: When he went to the checkout he realised he had no money.
 

TIED UP taɪ ʌp

22 Jun 2023

Phrasal Verb

  • busy.
Example Sentence: I'm a bit tied up at the moment, could you call back tomorrow?
 

COME IN FOR  

22 May 2023

Phrasal Verb

  • attract.
Example Sentence: The minister has come in for a lot of criticism over his handling of the affair.
 

SALES FORCE seɪlz fɔrs

22 Apr 2023

Noun

  • all the people who sell for a company.
Example Sentence: The company is hoping to expand its sales force.
 

CAPITAL EXPENDITURE kæpɪtl ɪkˈspɛndɪtʃə

22 Mar 2023

Noun

  • the cost of long-term improvements.
Example Sentence: They do not have enough cashflow to cover their capital expenditure.
 

SELL (SOMETHING) AT A LOSS  

22 Feb 2023

Phrase

  • to sell something and lose money.
Example Sentence: We were forced to sell the computers at a loss.
 
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