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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. 

TO DISRUPT dɪsˈrʌpt

21 Dec 2024

Verb

  • to interrupt the normal continuity of the operation of something; to cause disorder in something.
Example Sentence: The natural catastrophe disrupted commerce and business in general in the whole country.
 

TO SUBCONTRACT sʌbkənˈtrækt

20 Dec 2024

Verb

  • to pay a (third party) company or a person to carry out work that you have been given a contract to do earlier.
Example Sentence: Though we subcontracted manufacturing ages ago, we think carrying out the tasks related to design ourselves is crucial if we want to maintain the quality our customers are used to.
 

TO WITHDRAW wɪðˈdrɔ

19 Dec 2024

Verb

  • to stop taking part in something or doing something.
Example Sentence: Air Asia withdrew its flights from Heathrow Airport in October.
 

TO ROLL OUT roʊlˌaʊt

18 Dec 2024

Noun

  • to launch a new product or service in a market.
Example Sentence: We have just finished testing our new product line and we are planning to roll it out early next year.
 

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.
 

CONSIDERABLE kənˈsɪdərəbəl

16 Dec 2024

Adjective

  • significant, large.
Example Sentence: The earthquake last week was devastating. The damage to our business operations was considerable.
 

TO BRIBE braɪb

15 Dec 2024

Verb

  • to give someone (e.g. a civil servant) money (usually illegally) in the hope that they will do something for you in exchange.
Example Sentences: My son didn't want to do his homework so I bribed him with a big bar of chocolate.
Today someone tried to bribe me to give him a loan with better conditions but I refused to do so and immediately reported her to the management of the bank.
 

TO PLUMMET plʌmɪt

14 Dec 2024

Verb

  • to decrease/go down very quickly (and perhaps unexpectedly).
Example Sentence: We wanted to sell our share in the business but then share prices plummeted and we decided to wait some more time.
 

TO DOWNSIZE daʊnˌsaɪz

13 Dec 2024

Verb

  • to cut the number of employees because the company wants to reduce costs.
Example Sentence: When the company decided to 'let me go' because they were downsizing, I started to panic. It took me two weeks to calm down and start thinking about what's next.
 

TO RELOCATE riˈloʊkeɪt

12 Dec 2024

Verb

  • to find a new location for a company to operate.
Example Sentence: The minimum wage in this country has gone up significantly. I'm afraid we'll have to relocate soon. How about South East Asia?
 

TO GET INTO GEAR  

11 Dec 2024

Phrase

  • to find the right pace of work and to become effective.
Example Sentence: It was very hard to get into gear at work this morning after last night's party but I think now I'm more or less OK
 

TO FREEZE friz

10 Dec 2024

Verb

  • to hold the price of a product, service, salaries, wages etc at the same level for some time.
Example Sentence: The government has decided to freeze wages in the public sector due to the after-effects of the economic crisis.
 

TO FIRE SOMEONE faɪər sʌmˌwʌn

09 Dec 2024

Verb

  • to officially terminate somebody's employment; to make someone leave their job.
Example Sentences: He was so bad at handling customer complaints that in the end we had to fire him.
Andy got fired last week because he turned out to be the spy of our competitor.
 

TO PUT YOUR EGGS ALL IN ONE BASKET  

08 Dec 2024

Phrase

  • to choose one particular thing over another and not rely on several choices at the same time.
Example Sentence: He really put all his eggs into on one basket and decided to leave all the other markets and concentrate solely on India.
 

INSOLVENT ɪnˈsɒlvənt

07 Dec 2024

Adjective

  • unable to pay debts.
Example Sentence: In order to avoid becoming insolvent he decided to open a savings account.
 
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