Common words and phrases
- Across the board - including everyone and/or everything
- The company has decided to give an across the board pay rise
- At a loss - to sell something and lose money instead
- These computers are sold at a loss as the company is going out of business.
- Ball park figure - a rough estimate / an estimation of a value
- We were given a ball park figure for the cost of building a new factory.
- Banker's hours - short work hours
- I am able to work banker's hours as I could get my staff to finish my work for me.
- Big gun - a very important person
- He used to be a big gun, but after losing millions of dollars for his company, he was fired.
- Bottom line - the total, the final figure on the balance sheet
- When they examined the bottom line of the company, they decided to withdraw their investment.
- Break even - having expenses being equal to profits
- The company was able to break even after only a year of business.
- Budget squeeze/crunch - a lack of funds/money in the budget
- Due to rapidly decreasing profits, we will be going through a severe budget squeeze for the next few years until our finances improve.
- Buy off - a bribe, a gift or money to someone
- Several big companies tried to buy off a cabinet minister but failed.
- Buy out - to buy an ownership or a large share of something
- Small technological companies were eventually bought out by larger ones like Sony.
- Carry over - to save for another time
- The meeting was carried over to the following week.
- Carry over (financial) - a transfer of a figure from one column to another
- Due to difficult times, our losses last year was carried over to this year.
- Carry through - put into action
- Starbucks carried through their plan to restructure their operations.
- Come on strong - to appear with very strong language or personality
- The new sales manager came on too strong at the last meeting and created tensions within the team.
- Company man - a person who works hard and agrees with his employees
- Gary was a real company man and would always put in that extra effort for the firm.
- Cut back - to reduce, to use less of
- The company has been cutting back on expenses like entertainments due to decreasing profits.
- Cut off - to interrupt, to stop
- The President's speech was cut off when a power failure occurred.
- Cut one's losses - to attempt to do something to stop losing money etc
- Sony should try selling their PS3 as soon as possible and try to cut their losses.
- Deliver the goods ?succeed in doing what is expected
- Although it is a small company, they are able to deliver the goods.
- Double-check - to re-check again to confirm
- Always double-check the balance sheet to ensure that everything is balanced.
- Face value ?the official value, the actual value of something
- I paid 40,000 yen for a ticket on the black market, but the face value was 10,000.
- Figure out - to find an answer by thinking
- We have got to figure out how to sell all the products by next month.
- Fill the bill - to be what is needed
- The new CEO should fill the bill as to what the company needs to be successful again.
- Gain ground - go forward, to make progress
- Nintendo has been gaining ground against Sony and Microsoft in the gaming market.
- Get off the ground - to make a successful beginning, to move on ahead
- The Nintendo Wii was able to get off the ground as soon as it was introduced.
- Give the green light - to give permission to start, to say OK to start
- We were given the green light to start looking for new teachers for our company.
- Go public - to sell shares of a privately owned company to the public, to go public with the company
- Sony's stock prices rose rapidly when they went public.
- Go through with - to finish, do as planned
- Sony has decided to go through with their plans to introduce their new range of computers.
- Hard sell - to sell something by being very aggressive/strong
- The shop clerk gave us a hard sell so we decided to go to another shop.
- Heads will roll - punishment for something
- Heads will roll when our boss finds out about the huge loss we made recently.
- Black and white - in writing, an official contract on paper
- Unless you have the guarantee in black and white, we cannot refund you the money.
- In charge of - be responsible for, to be in control of
- CEOs have always been in charge of the operation of the company.
- In stock - to have something available
- We had almost 1,000 Nintendo Wii in stock, but it was sold out in just one hour.
- In the long run - the final result, at the end
- A new company will have little profits at first, but in the long run, their profits should increase.
- In the market for - ready to buy something
- I have been in the market for a new Apple computer for a long time but still have not bought one.
- In the red - losing money, unprofitable
- Because of the success of Microsoft Xbox and Nintendo Wii, Sony's PS3 has been in the red.
- In the works - in preparation, something which is being planned
- Sony has a new game console in the works, but no details have yet been released.
- Jack up - to raise the price, to make the price higher
- The oil-rich middle-east countries decided to jack up the price of oil, making it very expensive.
- Keep books - to keep a record of financial transactions
- The new assistant has no experience in keeping books and has made a lot of mistakes.
- Keep track of - to keep a record, to stay informed of something
- We have been keeping track of who has bought our products.
- Kickback - money paid illegally for good treatment
- There was a scandal about a kickback being paid to a cabinet minister from a construction company.
- Lay Off - to be fired, to be sacked
- About 500 employees will be laid off by the company next month because of increasing losses.
- Mean business - to be serious
- Our boss means business when he calls us into his office.
- On hand - to be ready, to have something ready, in one's possession
- We only had 10,000yen on hand and were unable to buy the Nintendo Wii.
- On credit - to buy something without paying cash
- We did not have enough money so we decided to buy the Nintendo Wii on credit.
- Pay off - to make a profit, to be successful
- The company finally paid off their debts after 10years and has now started to make a profit.
- Sell like hotcakes - to sell very quickly
- The Nintendo Wii has been selling like hotcakes when they were released.
- Strike while the iron is hot - to take advantage of an opportunity
- Nintendo decided to strike while the iron was hot and introduced the Wii before Sony or Microsoft announced their new gaming systems.
- Take a nosedive - to collapse, to fail, to decrease in value
- The American dollar took a nosedive when the the Euro dollar started to rise in value.
- Tight spot - a difficult situation, to be in a bind
- Sony has been in a tight spot ever since the Nintendo Wii was introduced.
- Work out - to plan, to develop
- Sony spent millions of dollars trying to work out a marketing strategy for the PS3.
- Write off - to remove a business record, to remove/cancel a debt
- The bank decided to write off the loan as the company had gone bankrupt and was impossible to collect back the money.
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