Oxford Business English Dictionary for Learners of English

a system for talking to sb else over long distances, using wires or radio; a machine used for this: Could you answer my telephone if it rings, please? о I need to make a telephone call, о We negotiated the details over the/by telephone, о Business travellers no longer need to spend time on the telephone arranging their trips. Isyni phone О a telephone company/carrier/operator ♦ a telephone line/network/system ♦ a telephone conference/conversation/interview/meeting/ survey

• verb [+ obj or no obj]

to speak to sb by telephone: Please email or telephone for details, о You can telephone your order 24 hours a day. IsynI call, phone

'telephone di,rectory {also telephone book,'phone book) noun [c] a book that lists the names, addresses and telephone numbers of people or businesses in a particular area: to look up a number in the telephone directory

(Commerce) a formal offer to supply goods or do work at a stated price: We are inviting tenders for the provision of training courses for staff . о A local firm submitted the lowest tender, о Cleaning and. laundry services have been put out to (competitive) tender, [syn] bid

to invite/request tenders * to accept/announce/ award/issue a tender ♦ to apply for/bid for/ prepare/submit/win a tender

(Finance) an offer to buy shares, etc. at a stated price: The shares are being sold by tender, о The group planned to buy back 10% of the company's stock at a tender price of $0.66-0.75 per share.

• verb

(Commerce) [+ obj or no obj] to make a formal offer to supply goods or do work at a stated price: Local firms were invited to tender for the project, о competitive tendering

(Finance) [no obj] to make a formal offer to buy shares, etc. at a stated price, especially in order to gain control of a company: They are expected to tender for 51 % of the shares.

(Finance) [+ obj] to make a formal offer to sell shares, etc. at a stated price: 85% of the common shareholders had tendered their shares in response to the $20-a-share offer.

[C] a word or phrase used as the name of sth, especially one connected with a particular type of language: 'Recovery'is a technical term for the period following a recession.

О business/legal/scientific/technical terms

[C, usually sing.] a period of time for which sth lasts; a fixed or limited time: If you hold the loan for the full term, you will pay more interest, о During his second term as chairman, the company expanded into food and drink, о a five-year term of office

a fixed/long/short term ♦ a term runs out/ends/ expires

[sing.] the end of a particular period of time, especially one for which an agreement, etc. lasts: The research programme will reach its term at the end of this month.

(Finance) [sing.] the length of time stated on a bill of exchange, etc. before it becomes due for payment: the term of the bill IsynItenor

-> terms

ffiEJ in/over the 'long/'medium/'short/'far/'near term used to describe what will happen a long, short, etc. time in the future: The deal might be more expensive in the short term, but it would offer shareholders better value in the longer term.

verb [+ obj]

to use a particular name or word to describe sb/sth: Management and union leaders held what was termed a 'crisis meeting'.

'term assurance {BrE) (also 'term insurance,

AmE, BrE) noun [u]

a type of life insurance that only lasts for a fixed time and does not pay money if the insured person dies after that time

'term bill = period bill

'term de,posit = time deposit

terminal /'t3:minl; AmE 't3:rm-/ noun, adjective

noun [C]