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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. 

FLIGHT OF CAPITAL flaɪt ʌv kæpɪtl

15 Jan 2024

Phrase

  • large-scale withdrawal of investment from a country.
Example Sentence: The recent flight of capital was caused by political unrest.
 

STAGNATE stægneɪt

15 Dec 2023

Verb

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

IN-HOUSE ɪnˌhaʊs

15 Nov 2023

Adjective

  • provided or carried out by the company and not by an external contractor.
Example Sentence: We are arranging an in-house training course for managers.
 

LUCRATIVE lukrətɪv

15 Oct 2023

Adjective

  • making a lot of money.
Example Sentence: He has signed a lucrative deal with a new record label.
 

TEASER CAMPAIGN tizər kæmˈpeɪn

15 Sep 2023

Phrase

  • an advertising campaign that attracts the attention of people.
Example Sentence: The teaser campaign was run 3 months before product was launched.
 

LOYALTY lɔɪəlti

15 Aug 2023

Noun

  • a person/groups' willingness to stay with one particular product.
Example Sentence: Customer loyalty can be improved by using a card scheme.
 

BANKER’S DRAFT bæŋkərs dræft

15 Jul 2023

Noun

  • a written promise from a bank to pay money, especially to another bank.
Example Sentence: We require a banker's draft to secure the deal.
 

SAVE UP seɪv ʌp

15 Jun 2023

Phrasal Verb

  • save money.
Example Sentence: If you want a new bike, you'd better start saving up.
 

BREAK DOWN breɪk daʊn

15 May 2023

Phrasal Verb

  • stop working.
Example Sentence: The photocopier has broken down again.
 

PROFITABLE prɒfɪtəbəl

15 Apr 2023

Adjective

  • making money or likely to make money in the future.
Example Sentence: The most profitable industries are those that are difficult to enter.
 

SELF-EMPLOYED /ˌself.ɪmˈplɔɪd/

15 May 2019

adjective

  • a person who works as a writer, designer, performer, or the like, selling work or services by the hour, day, job, etc., rather than working on a regular salary basis for one employer
Example Sentences:Do you pay less tax if you're self-employed?
John is self-employed. He runs a small garden maintenance company.
 

EMPLOYMENT CONTRACT /ɪmˈplɔɪ.mənt ˈkɒn.trækt/

15 Aug 2015

noun phrase

  • a written agreement between employer and employee stating the terms and conditions of employment
Example Sentences:According to my employment contract, I have 28 days annual leave.
As you have been repeatedly in breach of your employment contract, we’ve decided to terminate your employment with us.
 

COVERING LETTER /ˈkʌv ər ɪŋ ˈlet.ər/

15 Jul 2015

noun

  • a letter someone sends together with a job application form which explains why you want to apply for the job and why you believe you are suitable for the job
Example Sentences:Please send a covering letter with your job application form.
A well-written covering letter can help you get that all-important job interview.
 

MALWARE /ˈmæl.weər/

15 Jun 2013

noun

  • A generic term increasingly being used to describe any form of malicious software such as viruses, trojan horses, malicious code, etc.
Example Sentences:Those with infected machines will be encouraged to download free security software to remove the malware.
 
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