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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. 

BUYOUT baɪˌaʊt

17 Mar 2025

Noun

  • when a person or group buys control of a company.
Example Sentence: A private equity firm has completed its $3.5bn buyout of the UK music group.
 

AXE æksɪz

17 Feb 2025

Verb

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

LAISSEZ-FAIRE lɛseɪ ˈfɛr

17 Jan 2025

Noun

  • a style of management when the manager sets the task and then allows the employees to complete it with more or less independence and with only a minimal involvement from his side.
Example Sentence: The laissez-faire management style of the CEO really inspires colleagues and spurs growth.
 

SLUSH FUND slʌʃ slʌʃ

17 Dec 2024

Noun

  • a certain amount of money kept for illegal and/or dishonest purposes, mainly for politics OR a reserve fund (not necessarily in the context of corruption).
Example Sentence: We all know that almost all the parties in this country have money that can be used as a little slush fund when needed.
 

TO INFRINGE ɪnˈfrɪndʒ

17 Nov 2024

Verb

  • to violate/break a law, rule or regulation.
Example Sentence: If you infringe copyright regulations, you can expect a heavy fine.
 

HEDGE FUNDS hɛdʒ fʌnd

17 Oct 2024

Noun

  • Hedge funds are speculative funds which make large bets on market movements. They utilize borrowed money to substantially leverage their returns (and losses), often at a factor of ten to one, or more. They purchase exotic securities and also take substantial short positions when they think the market or a particular sector of the market will go down.
Example Sentence: Hedge funds are extremely risky and are suitable for high-wealth investors only.
 

EQUITY ɛkwɪti

17 Sep 2024

Noun

  • The value of stocks and shares; the net value of mortgaged property.
Example Sentences: He sold his equity in the company last year.
The rights give holders the opportunity to purchase additional equity interests in the company at a big discount.
 

FOUNDED /faʊnd/

17 Aug 2024

Verb

  • started, set up, established a company or organisation
Example Sentences: She founded the company with a $10,000 bank loan
We were founded in 1981.
 

A RECEIPT /rɪˈsit/

17 Jul 2024

Noun

  • the act of receiving or a written record of a transaction.
Example Sentence: The teller gave the customer a receipt for his deposit.
 

PROVE pruv

17 Jun 2024

verb

  • Prove is the verb form of the noun proof. To prove is to show that something is true.
Example Sentences: They suspected that she'd killed him but they could never actually prove that it was her.
Computers have been used to prove mathematical theorems.
 

TO CUT A DEAL  

17 May 2024

phrase

  • To cut a deal is to make a successful, usually business, arrangement with someone or another company.
Example Sentences: We're both competing for the same business. Perhaps we can cut a deal to share out the work.
We've cut a deal with the sales staff. They've agreed to reduce their basic salary in return for more commission.
 

CERTIFICATE OF ORIGIN /sər tif′i kit ʌv ôr′ə jin/

17 Apr 2024

phrase

  • A certificate stating the country in which a commodity has been grown, milled, produced, manufactured or assembled.
Example Sentences:According to the certificate of origin, this lamp shade was made in Thailand.
 

REIMBURSE riɪmˈbɜrs

17 Mar 2024

Verb

  • the customer pays the expenses first and the insurance company pays the customer back after a claim is filed.
Example Sentence: I hope my insurance company reimburses those expenses soon—they totalled nearly $3,000!

 

 

DEPARTURE BOARD dɪˈpɑrtʃər bɔrd

17 Feb 2024

Noun

  • an electronic notice board giving details of all the flights leaving the airport or train station.
Example Sentence: According to the departure board, the next train to Manchester leaves in 10 minutes.

 

 

ITINERARY aɪˈtɪnəˈrɛri

17 Jan 2024

Noun

  • the plan of your travel, the places you will visit on a trip.
Example Sentence: Your tour guide will plan the itinerary of your holiday for your visit to Scotland.

 

 
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