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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. 

CONCESSION kənˈsɛʃən

02 Jan 2024

Noun

  • the act of accepting less than you originally wanted.
Example Sentence: They made a concession by dropping the price.
 

MOGUL moʊgəl

02 Dec 2023

Noun

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

ASSIGN əˈsaɪn

02 Nov 2023

Verb

  • to give a particular job or task to somebody.
Example Sentence: The job of finding more seats for the event was assigned to Paul.
 

COUPON kupɒn

02 Oct 2023

Noun

  • part of a printed advert that can be used to buy or get a product.
Example Sentence: Collect the coupons from our magazine to get a 20% discount!
 

RAPPORT ræˈpɔr

02 Sep 2023

Noun

  • mutual understanding and agreement; good relationship.
Example Sentence: It is important to develop a rapport with business partners.
 

DEPOSIT dɪˈpɒzɪt

02 Aug 2023

Noun

  • a large store of something natural deep underground, especially oil.
Example Sentence: Companies are searching for oil deposits under the Pacific Ocean.
 

CUT DOWN ON  

02 Jul 2023

Phrasal Verb

  • reduce.
Example Sentence: We need to cut down on costs, if we want to survive.
 

KEEP UP WITH  

02 Jun 2023

Phrasal Verb

  • reach same point.
Example Sentence: She was walking so fast that I couldn't keep up with her.
 

TRADEOFF treɪdˌɔf

02 May 2023

Noun

  • a situation in which you accept something bad in exchange for something good.
Example Sentence: They may be willing to accept the tradeoff of a higher price for time saved.
 

GET INTO DEBT  

02 Apr 2023

Phrase

  • to get into a situation in which you owe people money.
Example Sentence: It's easy to get into debt if you have a credit card.
 

BUY OUT baɪ aʊt

02 Feb 2014

Phrasal Verb

  • to buy the ownership or a majority share of something.
Example Sentence: The large company decided to buy out the small textile company.
 

TEMPORARY WORKER /ˈtem.pər.ər.i ˈwɜː.kər/

02 Sep 2012

phrase

  • Employee who is not permanently hired but hired just for a limited period of time
Example Sentences:During the peak season, the hotel employs a number of temporary workers.
As a temporary worker, I’m not entitled to the same benefits as the permanent workers.
 
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