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69 Terms
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accumulate
Meaning: To gather or increase over time. Example: Stress can accumulate when you work two jobs.
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pros and cons
Meaning: The advantages and disadvantages of something. Example: We should discuss the pros and cons of working two jobs.
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one-dimensional
Meaning: Too simple and looking at only one side of something. Example: His explanation was too one-dimensional.
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target market
Meaning: A specific group of customers for a product or service. Example: Young professionals are the target market for this app.
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start-up capital
Meaning: Money used to start a new business. Example: She needs start-up capital to open her own cafe.
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safety net
Meaning: Something that protects you from serious problems or risk. Example: Savings can be a safety net during difficult times.
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drawback
Meaning: A disadvantage or negative point. Example: One drawback of working two jobs is having less free time.
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focus
Meaning: To give attention or concentration to something. Example: It is hard to focus when you are very tired.
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getting ahead
Meaning: Making progress or becoming more successful. Example: She is working hard because she wants to get ahead in her career.
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call it a day
Meaning: To stop working for the day. Example: We finished the report so let us call it a day.
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pay off
Meaning: To bring good results after effort. Example: Her hard work finally paid off when she got promoted.
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given a pink slip
Meaning: To be officially told that you are fired. Example: He was given a pink slip after the company reduced staff.
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bushed
Meaning: Very tired. Example: I am completely bushed after working all day.
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surplus
Meaning: An extra amount more than what is needed. Example: The company has a surplus of products this month.
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exhibit
Meaning: To show or display something. Example: The report exhibits the company main problems clearly.
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bombarded with
Meaning: To receive too much of something at the same time. Example: We are bombarded with information on social media every day.
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infrastructure
Meaning: Basic systems and services such as roads transport electricity and internet. Example: The government should improve the country infrastructure.
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social benefit
Meaning: Support or money provided by the government to help people. Example: Social benefits can help people during difficult times.
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recession
Meaning: A period when the economy becomes weaker and business activity decreases. Example: Many people lose their jobs during a recession.
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dips
Meaning: Drops or decreases. Example: The company sales often dip in winter.
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job creation projects
Meaning: Projects that help create new jobs. Example: Job creation projects can reduce unemployment.
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disposable income
Meaning: Money left after paying taxes and necessary expenses. Example: If taxes are high people may have less disposable income.
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trickle-down effect
Meaning: The idea that benefits given to rich people or companies will eventually help everyone. Example: Some people believe tax cuts for companies create a trickle-down effect.
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cover the cost of
Meaning: To pay for something. Example: My company will cover the cost of my training.
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light at the end of the tunnel
Meaning: A sign that a difficult situation will improve. Example: After months of financial problems we finally saw light at the end of the tunnel.
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spur the economy
Meaning: To encourage economic growth. Example: Government spending can spur the economy.
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stimulate
Meaning: To encourage activity growth or development. Example: Lower taxes may stimulate consumer spending.
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sitting pretty
Meaning: To be in a good or comfortable situation. Example: After getting a better job she was sitting pretty.
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balance out
Meaning: To make two opposite things equal or fair. Example: Higher wages can balance out higher living costs.
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privilege
Meaning: A special advantage or benefit that not everyone has. Example: Having access to good education is a privilege in some countries.
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evaluate
Meaning: To judge or assess the value quality or importance of something. Example: We need to evaluate the results before making a decision.
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according to
Meaning: As stated by someone or something. Example: According to the report the company will hire more people next year.
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suitable
Meaning: Right or appropriate for a particular purpose. Example: This job is suitable for people with strong communication skills.
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21st century
Meaning: The period from 2001 to 2100. Example: Digital skills are very important in the 21st century.
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market rivalry
Meaning: Competition between companies in the same market. Example: Market rivalry between the two companies is getting stronger.
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restructuring
Meaning: Reorganizing a company or system. Example: The company is restructuring its departments to reduce costs.
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downsized
Meaning: Reduced the number of employees to lower costs. Example: The company downsized and laid off many employees.
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overhead cost
Meaning: Business costs not directly related to producing or selling goods. Example: Rent and electricity are examples of overhead costs.
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vice versa
Meaning: The opposite is also true. Example: High wages can increase costs and vice versa.
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morale
Meaning: The confidence enthusiasm and motivation of a person or group. Example: Good managers can improve employee morale.
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fringe benefits
Meaning: Extra benefits employees receive in addition to salary. Example: Health care and company cars are common fringe benefits.
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taking on
Meaning: Accepting new duties or responsibilities. Example: She is taking on new responsibilities at work.
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gotten rid of
Meaning: Removed or eliminated something. Example: The company has gotten rid of unnecessary expenses.
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be sacked
Meaning: To be fired from a job. Example: He was sacked because of poor performance.
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burnt out
Meaning: Extremely tired because of too much work or stress. Example: After months of overtime she felt completely burnt out.
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trigger
Meaning: To cause something to start or happen. Example: A small mistake can trigger a big problem in the system.
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provide
Meaning: To give or supply something. Example: The company provides training for new employees.
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aside from
Meaning: Except for or in addition to. Example: Aside from salary fringe benefits are also important.
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fringe benefit
Meaning: An extra benefit employees receive besides salary. Example: Health insurance is a common fringe benefit.
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rewarded
Meaning: Given something good because of effort or success. Example: Employees should be rewarded for their hard work.
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insight
Meaning: A clear understanding of something. Example: The manager gave us useful insight into the promotion process.
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pronunciation
Meaning: The way a word is spoken. Example: I need to improve my pronunciation in English.
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promotion
Meaning: Moving to a higher position at work. Example: She got a promotion after two years of hard work.
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loyalty
Meaning: Being faithful or committed to a person company or idea. Example: Companies value loyalty but performance is also important.
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seniority
Meaning: The status of having worked somewhere longer than others. Example: In some companies promotion depends on seniority.
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ranking
Meaning: A position in an ordered list based on performance or importance. Example: The company uses a ranking system to evaluate employees.
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incentive
Meaning: Something that motivates someone to do something. Example: A bonus can be a strong incentive for employees.
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diligent workers
Meaning: Hard-working and careful workers. Example: Diligent workers usually complete their tasks carefully.
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trend
Meaning: A general direction or popular style. Example: Remote work has become a major trend in recent years.
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performance-based
Meaning: Based on how well someone performs. Example: Performance-based bonuses depend on results.
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recognition
Meaning: Appreciation or respect for someone work. Example: Employees need recognition for their efforts.
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recognize
Meaning: To notice and appreciate something or someone. Example: Good managers recognize their employees achievements.
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stuck between a rock and a hard place
Meaning: In a difficult situation with no easy choice. Example: She was stuck between a rock and a hard place when choosing between two bad options.
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in the old days
Meaning: In the past. Example: In the old days people often stayed at one company for life.
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climb the corporate ladder
Meaning: To move up to higher positions in a company. Example: He wants to climb the corporate ladder and become a director.
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on the other hand
Meaning: Used to introduce a contrasting point. Example: Seniority is important. On the other hand performance should not be ignored.
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a win-win situation
Meaning: A situation that benefits both sides. Example: Flexible working hours can be a win-win situation for employees and companies.
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seniority-based promotion
Meaning: Promotion based on length of service. Example: Seniority-based promotion rewards employees who have worked longer.
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performance-based promotion
Meaning: Promotion based on work results and success. Example: Performance-based promotion rewards employees who achieve strong result