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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. 

SALES FORCE /seɪlz fôrs/

09 Apr 2024

phrase

  • all the employees of a company whose job is persuading customers to buy their company's products or services
Example Sentences:The company has a worldwide sales force of around 3,000 people.
The company’s sales force has just been cut by 20% due to falling demand for the company’s products.
 

BENEFICIARY ˌbɛnəˈfɪʃiˌɛri

09 Mar 2024

Noun

  • the person who will receive something.
Example Sentence: I was the sole beneficiary in my father's will.
 

CARRY-ON LUGGAGE
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09 Feb 2024

Noun

  • refers to luggage, the small bag(s), you can take on board the plane
Example Sentence: Most airlines limit the weight of carry-on luggage to 7 kilos.

 

 

ESSENCE ɛsəns

09 Jan 2024

Noun

  • the most important part of an idea, a system etc.
Example Sentence: The essence of her message was that costs must be reduced.
 

RESTRUCTURE riˈstrʌktʃər

09 Dec 2023

Verb

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

DEMOTE dɪˈmoʊt

09 Nov 2023

Verb

  • to be moved to a position of lower status.
Example Sentence: He was demoted because of poor performance.
 

IN BULK ɪn bʌlk

09 Oct 2023

Phrase

  • in large amounts.
Example Sentence: We buy paper in bulk at a very low price.
 

SPONSOR spɒnsər

09 Sep 2023

Verb

  • to pay money towards something in exchange for advertising space.
Example Sentence: They sponsored the Olympic Games in Sydney.
 

FLOOD A MARKET  

09 Aug 2023

Phrase

  • to introduce a new product on the market in a very large quantity.
Example Sentence: They have flooded the market with merchandise for the film.
 

LEVEL OFF lɛvəl ɔf

09 Jul 2023

Phrasal Verb

  • stop increasing.
Example Sentence: Prices levelled off in mid-June.
 

PAY UP peɪ ʌp

09 Jun 2023

Phrasal Verb

  • give money.
Example Sentence: You must pay up by Friday.
 

HOSTILE TAKEOVER BID  

09 May 2023

Phrase

  • an aggressive attempt by a company to buy control of another company.
Example Sentence: Their French rival has launched a hostile takeover bid.
 

MOGUL moʊgəl

09 Apr 2023

Noun

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

THROW MONEY AT (SOMETHING)  

09 Mar 2023

Phrase

  • to try to solve a problem by spending money on it.
Example Sentence: The president of our company is willing to throw a lot of money at the problem to solve it.
 

PREFERRED CUSTOMER prɪˈfɜrd kʌstəmər

09 Feb 2023

Phrase

  • a customer who does much business with you.
Example Sentence: The man is a preferred customer and he always receives his products soon after he orders them.
 
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