Business Buzzwords
What are root causes?
This means the reasons why a problem really exists.
What is cut back on?
Spend less money.
What does run like clockwork mean?
Working perfectly without problems.
Money issued by governments that has value because people trust it.
Fiat money
Reliable vs Trustworthy
Reliable = dependable in performance.
Trustworthy = honest and deserving of trust.
A company introduces AI software to reduce manual work. This is called...
automation
What is fork out?
Spend a large amount of money, often unwillingly.
What does plugged in mean?
Being very informed about trends and technology.
Exchanging goods or services without using money.
Bartering
Claim vs State
Claim = may require proof.
State = simply express information.
What is the gig economy?
Work that is usually temporary or freelance, often done through online platforms.
What is dip into?
Use savings for an unexpected expense.
What does ahead of the curve mean?
Being more advanced than competitors.
Someone who hates spending money.
tight-fisted
Peak vs Rise
Rise = movement upward.
Peak = highest point.
What does stagnant mean?
When a project stops improving and no progress is being made.
This phrasal verb means "stop trying."
give up
What does cutting-edge mean?
Using the newest and most advanced technology.
What is a rip-off?
Something that is much more expensive than it's worth.
Increase vs Accelerate
Increase = become larger.
Accelerate = become faster.
What is a tweak?
A small adjustment made to improve something.
What is blow money on?
Spend money carelessly.
What is hustle culture?
This culture encourages constant productivity and long working hours.
What does pay off mean?
Money borrowed to invest in a business eventually generates enough profit to recover the investment.
Biased vs Unbiased
Biased = unfairly influenced.
Unbiased = objective and neutral.