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6 Phrasal Verbs for Business

  1. Back/Pull out of = to decide not to do something that has been already arranged/to retreat from…

Example:

  • Our company pulled out of the deal with XYZ because of the new terms.
  1. Bail out = Giving capital to financially troubled companies in order to save them

Example:

  • Because of the pandemic situation, many tourism companies, restaurants and other business need to be bailed out with taxpayer money.
  1. Buy out = Paying to take over a company, buying all the shares from others, buying somebody’s business

Example:

  • When their initial interest in the business was lost, we bought them out. 

The direct object is a pronoun -> its position is between the verb and the preposition

  1. Hammer out = Finding a solution after a lot of discussions or producing something with difficulty

Example:

  • The deal between us and our partners has been finally hammered out.  It took us long hours and a lot of meetings.
  1. Head up = to lead or manage an organisation, or raise further

Example:

  • All the prices in food industry are heading up further.
  • Who heads up the marketing department?
  1. Iron out =To remove problems, to perfect, to remove flaws

Example:

  • They want to reject the contracts, we need to iron out all these problems with the delayed payments.