BUSINESS_ENGLISH
Glossary
Term | Definition |
---|---|
Absenteeism Category: BUSINESS_ENGLISH_GLOSSARY |
chronic absence (as from work or school) |
Abuse Category: BUSINESS_ENGLISH_GLOSSARY |
to put to a wrong or improper use |
Acquisition Category: BUSINESS_ENGLISH_GLOSSARY |
when one company purchases most or all of another company's shares to gain control of that company |
Action learning Category: BUSINESS_ENGLISH_GLOSSARY |
https://wial.org/ https://en.wikipedia.org/wiki/Action_learning#:~:text=Action%20learning%20is%20an%20approach,solutions%20developed%20by%20the%20team. |
Adventure learning Category: BUSINESS_ENGLISH_GLOSSARY |
Adventure learning (AL) is defined as an approach to the design of online and hybrid education that provides students with opportunities to explore real-world issues through authentic learning experiences within collaborative learning environments (Doering 2006, 2007). |
Allowed time Category: BUSINESS_ENGLISH_GLOSSARY |
the total time allowed for the completion of a task or an element including time for personal needs, rest and unavoidable delays. |
Amend Category: BUSINESS_ENGLISH_GLOSSARY |
correct, modify |
Appeal Category: BUSINESS_ENGLISH_GLOSSARY |
a legal proceeding by which a case is brought before a higher court for review of the decision of a lower court |
Apprenticeship Category: BUSINESS_ENGLISH_GLOSSARY |
a program or position in which someone learns a trade by working under a certified expert: |
Arbitrate Category: BUSINESS_ENGLISH_GLOSSARY |
to settle (a dispute between two people or groups) after hearing the arguments and opinions of both |
Assertiveness training Category: BUSINESS_ENGLISH_GLOSSARY |
Assertiveness training is a form of therapy that has been used since the 1970s to help people learn how to better communicate their needs and wants so that they don't feel taken advantage of or used. |
Breach Category: BUSINESS_ENGLISH_GLOSSARY |
infraction or violation of a law, obligation, tie, or standard |
Build up Category: BUSINESS_ENGLISH_GLOSSARY |
to develop gradually by increments |
Bully Category: BUSINESS_ENGLISH_GLOSSARY |
to treat (someone) in a cruel, insulting, threatening, or aggressive fashion |
Clock off Category: BUSINESS_ENGLISH_GLOSSARY |
to record on a special card the time that one stops working |
Continuous Personal Development Category: BUSINESS_ENGLISH_GLOSSARY |
CPD enables learning to become conscious and proactive, rather than passive and reactive. CPD is the holistic commitment of professionals towards the enhancement of personal skills and proficiency throughout their careers. |
Contractual liability Category: BUSINESS_ENGLISH_GLOSSARY |
liability imposed on an entity by the terms of a contract. As used in insurance, the term refers not to all contractually imposed liability but to the assumption of the other contracting party's liability under specified conditions. |
Core time Category: BUSINESS_ENGLISH_GLOSSARY |
a period during working hours when workers must be at work even if they are on flexitime |
Cuts Category: BUSINESS_ENGLISH_GLOSSARY |
to reduce in amount |
Disciplinary Category: BUSINESS_ENGLISH_GLOSSARY |
designed to correct or punish breaches of discipline |
Discrimination Category: BUSINESS_ENGLISH_GLOSSARY |
the act of making or perceiving a difference |
Dismissal Category: BUSINESS_ENGLISH_GLOSSARY |
to remove from position or service |
Dispute Category: BUSINESS_ENGLISH_GLOSSARY |
verbal controversy, debate |
Double-time Category: BUSINESS_ENGLISH_GLOSSARY |
double time is a rate of pay double the usual amount a person receives for normal hours worked |
Downsize Category: BUSINESS_ENGLISH_GLOSSARY |
i. to fire (employees) for the purpose of downsizing a business ii. to reduce in size |
entitlement Category: BUSINESS_ENGLISH_GLOSSARY |
Something that you have a right to do or have, or the right to do or have something |
Experiential learning Category: BUSINESS_ENGLISH_GLOSSARY |
Experiential learning is the process of learning through experience, and is more narrowly defined as "learning through reflection on doing". |
Fixed hours Category: BUSINESS_ENGLISH_GLOSSARY |
a fixed work schedule is a timetable that generally consists of the same number of hours and days worked per week |
Flexileader Category: BUSINESS_ENGLISH_GLOSSARY |
Flexible leaders are those who can modify their style or approach to leadership in response to uncertain or unpredictable circumstances. In addition, flexible leaders can adapt to changes as they come. They can revise their plans to incorporate new innovations and overcome challenges, while still achieving their goals. |
Flexitime Category: BUSINESS_ENGLISH_GLOSSARY |
Flextime is a flexible hours schedule that allows workers to alter workday start and finish times. In contrast to traditional work arrangements that require employees to work a standard 9 a.m. to 5 p.m. |
Fluctuate Category: BUSINESS_ENGLISH_GLOSSARY |
to shift back and forth uncertainly |
Fraud Category: BUSINESS_ENGLISH_GLOSSARY |
an act of deceiving or misrepresenting, trick |
Glass ceiling Category: BUSINESS_ENGLISH_GLOSSARY |
A point after which you cannot go any further, usually in improving your position at work: |
Go bankrupt Category: BUSINESS_ENGLISH_GLOSSARY |
reduced to a state of financial ruin |
Go into administration Category: BUSINESS_ENGLISH_GLOSSARY |
when a company goes into administration, the administrator will aim to rescue the company in order to get the best possible result for the creditors. They may also realise any assets or company property which will be used to pay secured and prioritised creditors. |
Graveyard shift Category: BUSINESS_ENGLISH_GLOSSARY |
a work shift that runs through the early morning hours, typically covering the period between midnight and 8 a.m. |
Grievance Category: BUSINESS_ENGLISH_GLOSSARY |
a cause of distress (such as an unsatisfactory working condition) felt to afford reason for complaint or resistance |
Harass Category: BUSINESS_ENGLISH_GLOSSARY |
to create an unpleasant or hostile situation for especially by uninvited and unwelcome verbal or physical conduct |
Implement Category: BUSINESS_ENGLISH_GLOSSARY |
put into practice |
Inflation Category: BUSINESS_ENGLISH_GLOSSARY |
a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services |
Insubordinate, Insubordination Category: BUSINESS_ENGLISH_GLOSSARY |
disobedient to authority |
Job share Category: BUSINESS_ENGLISH_GLOSSARY |
A job share arrangement is a full-time job split between two individuals, each with responsibility for the success of the total job. Job sharing allows two staff members to share the responsibilities of one full-time position, typically with prorated salary and paid time off. |
Legal obligation Category: BUSINESS_ENGLISH_GLOSSARY |
required (to do something) by a law |
Make someone redundant Category: BUSINESS_ENGLISH_GLOSSARY |
no longer needed for a job and hence laid off |
Misconduct Category: BUSINESS_ENGLISH_GLOSSARY |
improper behavior |
Morale Category: BUSINESS_ENGLISH_GLOSSARY |
confidence, work spirits |
Neglect (one's duties) Category: BUSINESS_ENGLISH_GLOSSARY |
to leave undone or unattended to especially through carelessness |
Off-the-job training Category: BUSINESS_ENGLISH_GLOSSARY |
Off-the-job training courses allow employees to undertake training away from their place of work, through day release, online or distance learning, as well as block release courses. |
Open learning Category: BUSINESS_ENGLISH_GLOSSARY |
Open learning is an innovative movement in education that emerged in the 1970s and evolved into fields of practice and study. The term refers generally to activities that either enhance learning opportunities within formal education systems or broaden learning opportunities beyond formal education systems. |
Overseas (markets) Category: BUSINESS_ENGLISH_GLOSSARY |
Things that involve or are in foreign countries, usually across a sea or an ocean |
Overstretched Category: BUSINESS_ENGLISH_GLOSSARY |
to stretch (something or someone) to excess or beyond normal limits |
Phase in Category: BUSINESS_ENGLISH_GLOSSARY |
i. to start to use or do (something) gradually over a period of time ii. to introduce (something) slowly |
Phase out Category: BUSINESS_ENGLISH_GLOSSARY |
i. to discontinue the practice, production, or use of by phases ii. to stop production or operation by phases |
Plateauing Category: BUSINESS_ENGLISH_GLOSSARY |
to reach a level, period, or condition of stability or maximum attainment |
Receivership Category: BUSINESS_ENGLISH_GLOSSARY |
a court-appointed tool that can assist creditors to recover funds in default and can help troubled companies avoid bankruptcy |
Recruit Category: BUSINESS_ENGLISH_GLOSSARY |
to seek to enroll |
Resign Category: BUSINESS_ENGLISH_GLOSSARY |
to give up one's office or position |
Retail park Category: BUSINESS_ENGLISH_GLOSSARY |
a large shopping area that contains many different kinds of stores |
Retention Category: BUSINESS_ENGLISH_GLOSSARY |
the act of retaining, the state of being retained |
Roster Category: BUSINESS_ENGLISH_GLOSSARY |
a list or plan showing turns of duty or leave for individuals or groups in an organization |
Rotating shifts Category: BUSINESS_ENGLISH_GLOSSARY |
Rotating shifts refer to work schedules that change from one shift to another on a rotating basis. For example, an employee may work two day shifts followed by two night shifts. Businesses that are open for extended hours or 24/7 use rotating shifts to make sure they have coverage at all hours |
Secondary sector/industry Category: BUSINESS_ENGLISH_GLOSSARY |
The secondary sector covers the manufacturing of goods in the economy, including the processing of materials produced by the primary sector. It also includes construction and the public utility industries of electricity, gas, and water. |
Shift differentials (pay) Category: BUSINESS_ENGLISH_GLOSSARY |
extra compensation for employees who work a less desirable shift, such as evening or midnight shifts. The employer decides a shift differential rate and can negotiate this amount with an employee. |
Shift transfer Category: BUSINESS_ENGLISH_GLOSSARY |
the act of an employee being moved, upon the initiation of the department, from one unit/shift to another unit/shift |
Shortage Category: BUSINESS_ENGLISH_GLOSSARY |
lack, deficit |
Standard of living Category: BUSINESS_ENGLISH_GLOSSARY |
Standard of living is the level of income, comforts and services available, generally applied to a society or location, rather than to an individual. Standard of living is relevant because it is considered to contribute to an individual's quality of life. |
Stocks Category: BUSINESS_ENGLISH_GLOSSARY |
the proprietorship element in a corporation usually divided into shares and represented by transferable certificates |
Streamline Category: BUSINESS_ENGLISH_GLOSSARY |
to make simpler or more efficient |
Subsidy Category: BUSINESS_ENGLISH_GLOSSARY |
a grant by a government to a private person or company to assist an enterprise deemed advantageous to the public |
SWOT Analysis Category: BUSINESS_ENGLISH_GLOSSARY |
Strengths and Weaknesses Analysis |
Takeover Category: BUSINESS_ENGLISH_GLOSSARY |
the purchase of one company by another |
Tertiary sector Category: BUSINESS_ENGLISH_GLOSSARY |
The tertiary industry is the services sector of an economy, encompassing medical providers, educators, financial services, haircuts, and personal trainers, among many others. |
Tightening Category: BUSINESS_ENGLISH_GLOSSARY |
i. to practice strict economy ii. to become tight or tighter |
Time and a half Category: BUSINESS_ENGLISH_GLOSSARY |
Time-and-a-half is payment to a worker at 1.5 times their usual hourly rate. It is usually paid as an incentive to work on a particular day or as government-mandated compensation for having workers work on particular days. |
Time-keeping Category: BUSINESS_ENGLISH_GLOSSARY |
a formal expression of disapproval |
Timesheet Category: BUSINESS_ENGLISH_GLOSSARY |
a piece of paper for recording the number of hours worked |
Turnover Category: BUSINESS_ENGLISH_GLOSSARY |
the amount received in sales for a stated period |
Twilight shift Category: BUSINESS_ENGLISH_GLOSSARY |
an early evening shift of work |
Under seal Category: BUSINESS_ENGLISH_GLOSSARY |
off public record |
Union Category: BUSINESS_ENGLISH_GLOSSARY |
an organization of workers formed for the purpose of advancing its members' interests in respect to wages, benefits, and working conditions |
unsocial hours (of work) Category: BUSINESS_ENGLISH_GLOSSARY |
Unsocial working hours (also known as anti-social hours) are common among shift workers. It's work that takes place outside of the traditional (9am to 5pm) schedule. |
Walkout Category: BUSINESS_ENGLISH_GLOSSARY |
the action of leaving a meeting or organization as an expression of disapproval |
Weakening Category: BUSINESS_ENGLISH_GLOSSARY |
to reduce in intensity or effectiveness |
White collar workers Category: BUSINESS_ENGLISH_GLOSSARY |
a person who performs professional, desk, managerial, or administrative work. White-collar work may be performed in an office or other administrative setting. White-collar workers include job paths related to government, consulting, academia, accountancy, business and executive management, customer support, design, engineering, market research, finance, human resources, operations research, marketing, information technology, networking, law, healthcare, architecture, and research and development. Other types of work are those of a grey-collar worker, who has more specialized knowledge than those of a blue-collar worker, whose job requires manual labor and a pink-collar worker, whose labor is related to customer interaction, entertainment, sales, or other service-oriented jobs. Many occupations blend blue, white and pink (service) industry categorizations |
Widening Category: BUSINESS_ENGLISH_GLOSSARY |
to increase the width, scope, or extent of |
Workforce Category: BUSINESS_ENGLISH_GLOSSARY |
the number of workers potentially assignable for any purpose |
Workload Category: BUSINESS_ENGLISH_GLOSSARY |
amount of work to be carried out |