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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. 

RECEIVABLES rɪˈsivəbəls

17 Apr 2023

Noun

  • money that a business expects to receive.
Example Sentence: The company generates roughly $400 million in receivables annually.
 

RAISE CAPITAL reɪz kæpɪtl

16 Apr 2023

Verb

  • to try to get money for a business venture.
Example Sentence: The factory was sold to raise capital.
 

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.
 

OVERHEADS oʊvərˈhɛds

13 Apr 2023

Noun

  • regular costs that a business must pay, such as electricity, salaries, etc.
Example Sentence: Internet companies have much lower overheads.
 

OUTLOOK aʊtˌlʊk

12 Apr 2023

Noun

  • how the future looks based on current predictions.
Example Sentence: The outlook for small firms has worsened in recent months.
 

ON SCHEDULE ɒn skɛdʒul

11 Apr 2023

Noun

  • on time, according to a plan .
Example Sentence: He says that the building project is still on schedule.
 

OBSTACLE ɒbstəkəl

10 Apr 2023

Noun

  • something which makes it difficult to do something or get somewhere.
Example Sentence: Companies say that corruption is still the biggest obstacle in the region.
 

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.
 

MINUTES mɪnɪts

08 Apr 2023

Noun

  • the official notes taken in a meeting.
Example Sentence: The secretary took the minutes during the meeting.
 

LEVERAGE lɛvərɪdʒ

07 Apr 2023

Noun

  • the power to influence somebody's actions.
Example Sentence: Big companies have a lot of leverage over their business partners.
 

LETTER OF CREDIT  

06 Apr 2023

Noun

  • a letter from a bank that guarantees a payment to a specified person.
Example Sentence: The seller requires a letter of credit to secure payment.
 

INTELLECTUAL PROPERTY ɪntlˈɛktʃuəl prɒpərti

05 Apr 2023

Noun

  • something that somebody creates which has value, esp. music, art, text, etc.
Example Sentence: The designer claims that her intellectual property rights were infringed.
 

HEADHUNT hɛdˌhʌnt

04 Apr 2023

Noun

  • to search for the perfect person for a job and offer them a lot of money to do it.
Example Sentence: He was headhunted for the position.
 

HAND IN YOUR NOTICE  

03 Apr 2023

Phrase

  • to officially tell your company that you are leaving the job.
Example Sentence: He handed in his notice when he heard that he had got the new job.
 

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.
 
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