The Top 100 Most Important Words in Business English
Flashcard maker : Lily Taylor
those in charge of running a business
the activity of providing goods and services involving financial and commercial and industrial aspects
the commercial processes involved in promoting and selling and distributing a product or service
the amount of money left over after expenses are taken out
involves working at home usually on a computer
a planned reduction in the number of employees needed in a firm in order to reduce costs and make the business more efficient
contracting out selected functions or activities of an organization to other organizations that can do the work more cost efficiently
Research and Development: Business or government activity that is purposely designed to stimulate invention and innovation
(usually plural) the office that serves as the administrative center of an enterprise
the world of commercial activity where goods and services are bought and sold
an additional payment (or other remuneration) to employees as a means of increasing output
staff, employees, work force
One of four equal parts into which anything is or may be divided.
act of raising in rank or position
anything of value that is owned
finding new people to join an organization
the division of a business that is responsible for selling products or services
an amount owed by a business
a show or display
a formally arranged gathering
The person or group who will use the product produced by the project.
a person involved in legal proceedings
the goal intended to be attained (and which is believed to be attainable)
a person who organizes, manages, and takes on the risks of a business
a binding agreement between two or more persons that is enforceable by law
a commercially sponsored ad on radio or television
money that is invested in new or emerging companies that are perceived as having great profit potential
putting money into something in order to make a profit
arrangement for deferred payment for goods and services
cost in terms of foregone alternatives
the process of strategically managing the efficient flow and storage of raw materials, in-process inventory, and finished goods from point of origin to point of consumption
a decision reached by two or more people or groups
someone who holds shares of stock in a corporation
any group within or outside the organization that has a stake in the organization’s performance
the price paid for the use of borrowed money
customer service department
the department in a retail organization that handles customer inquiries and complaints
(accounting) the value of a firm’s current assets including raw materials and work in progress and finished goods
the amount of money needed to purchase something, Any of a variety of conditions attached to a financial transaction.
An amount of money given to the borrower for a set period of time. After the set time has passed, the money must be paid back plus the lending fee, called interest. Payments are normally made over a series of months.
the right to take another’s property if an obligation is not discharged
Someone who coordinates and oversees the work of other people so that organizational goals can be accomplished
board of directors
A group of people elected by the stockholders of a corporation to set the policies for the corporation.
the occupation of maintaining and auditing records and preparing financial reports for a business
personnel who assist their superior in carrying out an assigned task
maintains policies, plans, and procedures for the effective management of employees
wealth in the form of money or property owned by a person or business and human resources of economic value
a summary of intended expenditures along with proposals for how to meet them
an unexpected event that throws a plan into disorder; an interruption that prevents a system or process from continuing as usual or as expected.
Using contacts with friends and family members as a means of finding job leads
to officially start something
a person who uses goods or services
The connected chain of all of the business entities, both internal and external to the company, that perform or support the logistics function
A new venture that is trying to discover a profitable business model for future success.
combination of name, words, symbols, or design that identifies the product and its source and distinguishes it from competing brands
the amount of money it takes to run a business
point of sale
places where goods are sold to the public – shops, stores, kiosks, market stalls, etc
cost of sales
The cost of the inventory that the business has sold to customers.
selling or related to selling goods in large quantities for resale to the consumer
an institution created to conduct business
the entire amount of income before any deductions are made
the money paid for employee services
a statement of recent transactions and the resulting balance
a sum of money or other payment given for a particular purpose
non profit organization
an organization whose goals do not include making a personal profit for its owners or organizers
Performance of a practical work or of something involving the practical application of principles or processes
the corporate executive responsible for the operations of the firm
the difference between the market value of a property and the claims held against it
One who competes or is a rival of another business enterprise.
Combination of two or more companies into a single firm
The taking over the control of one company by another.
a contract between two or more persons who agree to pool talent and money and share profits or losses
a temporally organized plan for matters to be attended to
a report summarizing a group’s past achievements and future goals
(finance) the net sales minus the cost of goods and services sold
Businesses or organizations that pay for advertising.
a financial statement that gives operating results for a specific period
a financial statement that reports assets, liabilities, and owner’s equity on a specific date
cash flow statement
A financial statement that shows the flow of money in and out of the business.
the means of delivering a specific piece of media content
the read/write web; the second generation of web-based services and tools which make content creation on the web easier and more accessible to a wide variety of users
media whose content is created and distributed through social interaction
any piece of work that is undertaken or attempted
to do more than one thing at the same time
reach a consensus
all the people in a group agreeing on an idea or opinion
leave (a job, post, post, or position) voluntarily
a summary of your academic and work history
A synchronous virtual meeting in which participants meet at the same time via a voice-communication channel.
the value of a currency in one country compared with the value in another
a business activity that changes assets, liabilities, or owner’s equity
A strategy to get consumers to share a marketer’s message, often through e-mail or online video, in a way that spreads dramatically and quickly
the people or companies engaged in a particular kind of commercial enterprise
the process of converting something that once was free into a product that is sold
The property of a network that allows you to add nodes or increase its size easily.
an elaborate and systematic plan of action
the use of technology to move and process information
a formally registered symbol identifying the manufacturer or distributor of a product
The formal decision making process used when considering the economic feasibility of implementing information security controls and safeguards is called a(n) _____.
A written description of the business idea and how it will be carried out, including all major business activities.
the point in time at which something must be completed