Words / A / Business

add-on

noun/ˈæd ɒn/

B1CEFR level
15/100Rarity: common
TechnicalRegister

A smaller acquisition made by a company to strengthen an existing platform business.

The roll-up firm closed three add-on acquisitions in a single quarter to broaden its regional footprint.

Similar: bolt-on

Topic: Corporate strategy in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Corporate strategy