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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. 

SALES FORCE seɪlz fɔrs

22 Apr 2023

Noun

  • all the people who sell for a company.
Example Sentence: The company is hoping to expand its sales force.
 

REVAMP riˈvæmp

21 Apr 2023

Verb

  • to change something in order to make it better and more modern.
Example Sentence: The company plans to revamp all its outlets over the coming year.
 

RETAIL OUTLET riteɪl aʊtlɛt

20 Apr 2023

Noun

  • a place where products are sold to the public.
Example Sentence: They have retail outlets all over America, Europe and Asia.
 

RESTRUCTURE riˈstrʌktʃər

19 Apr 2023

Verb

  • to make changes to the organisation of a company.
Example Sentence: The new owner plans to restructure the failing car maker.
 

RECESSION rɪˈsɛʃən

18 Apr 2023

Noun

  • a period of economic decline and reduced consumption.
Example Sentence: After the boom of the 1980's the UK economy went into recession.
 

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.
 
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