Idiom Focus: Business Idioms 36

Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.

in the black: making a profit.

Example:

It took the struggling start-up several quarters of hard work before they were finally able to operate in the black.

red ink: operating at a loss, in debt.

Example:

Onerous regulations hurt small businesses the most, causing many to shrink their workforce even further in an effort to stem the tide of red ink.

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Idiom Focus: Business Idioms 35

Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.

bottom line: the total on a balance sheet—used to refer to the profitability of a company.

Example:

Because of this difficult economy, most businesses have to pay closer attention to their bottom line.

close out: sell all of an item, take an item out of inventory by selling it.

Example:

Hoffman Appliances is having a close out on that particular model of washing machine. You might be able to get a good deal.

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Idiom Focus: Business Idioms 34

Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.

take public: make a corporation public by selling shares to the general public, so the business is no longer privately owned.

Example:

After the father died, the son decided to take the company public.

backroom deal: a business agreement that is conducted secretly.

Example:

The bar owner made several backroom deals with his city councilman to prevent competition from opening up another bar in his neighborhood.

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Idiom Focus: Business Idioms 33

Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.

get a break: get a good deal on something, or get a good opportunity.

Example:

Because we’re a loyal customer, we got a break on our order, and we were able to save 20%.

close the books: end an accounting period; (figuratively) complete a project.

Example:

You cannot take a vacation at the end of the month, since we have to close the books and produce a financial report.

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Idiom Focus: Business Idioms 32

Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.

cut back: to use fewer or less of something, especially with regards to spending.

Example:

To survive the rough economy, the company had to cut back its workforce by a hundred employees.

hard sell: to use an aggressive sales pitch.

Example:

Even though I said I wasn’t interested, the telemarketer kept on with his hard sell.

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Idiom Focus: Business Idioms 31

Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.

bottom fall out/drop out: when the price falls below a previous lowest value.

Example:

A few years go the bottom fell out of the real estate market, and now many people owe more on their houses than what the house is actually worth.

tight spot: a dilemma, a difficult situation.

Example:

The customer put the salesman in a tight spot by insisting on an impossible time frame for delivery of the product.

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Idiom Focus: Business Idioms 30

Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.

ballpark figure/estimate: estimate; especially, a rough estimate.

Example:

The warehouse needs a new forklift. Can you give me a ballpark estimate as to what it would cost to replace the old one?

come on strong: have a forceful personality, be overly passionate about something.

Example:

Jack can come on a bit strong at times, but he’s our best salesman. He just gets a little carried away.

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Happy Thanksgiving!

Thanksgiving-1861Today is Thanksgiving Day in the United States.  It is a day set apart to be thankful for the blessings we have, and to remember from whence these blessings come.  No matter how difficult one’s situation may seem to be, there is always something to be grateful for.

In that spirit, read the Thanksgiving Proclamation issued by Abraham Lincoln in the middle of the American Civil War.  Even in a time of national crisis, Lincoln could still count our national blessings and find reason to give thanks:

By the President of the United States of America.

A Proclamation.

The year that is drawing towards its close, has been filled with the blessings of fruitful fields and healthful skies. To these bounties, which are so constantly enjoyed that we are prone to forget the source from which they come, others have been added, which are of so extraordinary a nature, that they cannot fail to penetrate and soften even the heart which is habitually insensible to the ever watchful providence of Almighty God. In the midst of a civil war of unequaled magnitude and severity, which has sometimes seemed to foreign States to invite and to provoke their aggression, peace has been preserved with all nations, order has been maintained, the laws have been respected and obeyed, and harmony has prevailed everywhere except in the theatre of military conflict; while that theatre has been greatly contracted by the advancing armies and navies of the Union. Needful diversions of wealth and of strength from the fields of peaceful industry to the national defence, have not arrested the plough, the shuttle or the ship; the axe has enlarged the borders of our settlements, and the mines, as well of iron and coal as of the precious metals, have yielded even more abundantly than heretofore. Population has steadily increased, notwithstanding the waste that has been made in the camp, the siege and the battle-field; and the country, rejoicing in the consiousness of augmented strength and vigor, is permitted to expect continuance of years with large increase of freedom. No human counsel hath devised nor hath any mortal hand worked out these great things. They are the gracious gifts of the Most High God, who, while dealing with us in anger for our sins, hath nevertheless remembered mercy. It has seemed to me fit and proper that they should be solemnly, reverently and gratefully acknowledged as with one heart and one voice by the whole American People. I do therefore invite my fellow citizens in every part of the United States, and also those who are at sea and those who are sojourning in foreign lands, to set apart and observe the last Thursday of November next, as a day of Thanksgiving and Praise to our beneficent Father who dwelleth in the Heavens. And I recommend to them that while offering up the ascriptions justly due to Him for such singular deliverances and blessings, they do also, with humble penitence for our national perverseness and disobedience, commend to His tender care all those who have become widows, orphans, mourners or sufferers in the lamentable civil strife in which we are unavoidably engaged, and fervently implore the interposition of the Almighty Hand to heal the wounds of the nation and to restore it as soon as may be consistent with the Divine purposes to the full enjoyment of peace, harmony, tranquillity and Union.

In testimony whereof, I have hereunto set my hand and caused the Seal of the United States to be affixed.

Done at the City of Washington, this Third day of October, in the year of our Lord one thousand eight hundred and sixty-three, and of the Independence of the Unites States the Eighty-eighth.

By the President: Abraham Lincoln

William H. Seward,
Secretary of State

Have a happy Thanksgiving, and remember to give thanks to the One who gave you the blessings in your life!

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Idiom Focus: Business Idioms 29

Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.

in short supply: insufficient, not enough to meet demand.

Example:

The store manager was worried about the latest smart phones being in short supply for the holiday season.

carry through: execute a plan, put a plan into action.

Example:

I don’t know how Matthew ever made it to supervisor. He’s great at coming up with ideas, but he has problems carrying through.

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Idiom Focus: Business Idioms 28

Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.

on the block: for sale.

Example:

The company went bankrupt, and all their assets were put on the block.

break even: have revenue equal to costs.

Example:

It took the struggling company nearly four years to break even.

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