A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | R | S | T | U | W
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