150 Essential Business English Words with Their Meanings
- Allocate – To distribute resources or duties for a particular purpose.
- Amortization – Gradual reduction of a debt over a period of time.
- Arbitration – Settling a dispute by agreeing to accept the decision of an impartial outsider.
- Assets – Resources owned by a company.
- Aud· Agenda – A list of items to be discussed in a meeting.
- it – A formal examination of an organization’s accounts.
- Balance Sheet – A financial statement that summarizes a company’s assets, liabilities, and shareholders’ equity.
- Benchmark – A standard or point of reference against which things may be compared.
- Brainstorming – A method of generating ideas by spontaneous group discussion.
- Budget – An estimate of income and expenditure for a set period of time.
- Business Plan – A formal written document outlining the goals and strategy of a business.
- Capital – Wealth in the form of money or assets.
- Cash Flow – The total amount of money being transferred into and out of a business.
- Client – A person or organization using the services of a business.
- Collaboration – Working jointly with others to achieve a common goal.
- Commission – A fee paid to an agent for providing a service.
- Competitive Advantage – A condition that allows a company to produce goods or services better than its competitors.
- Consensus – General agreement among a group of people.
- Consultation – A meeting with an expert to seek advice.
- Contingency Plan – A plan designed to take a possible future event or circumstance into account.
- Corporate – Relating to a large company or group.
- Credit – An agreement where a buyer can purchase goods or services and pay later.
- Customer Service – Assistance provided by a company to those who buy or use its products or services.
- Debenture – A long-term security yielding a fixed rate of interest.
- Debt – Money owed by one party to another.
- Deficit – The amount by which something, especially a sum of money, is too small.
- Demand – The desire of consumers to purchase goods and services.
- Dividend – A portion of a company’s earnings distributed to shareholders.
- Earnings – Money obtained in return for labor or services.
- Economies of Scale – Cost advantages reaped by companies when production becomes efficient.
- Entrepreneur – A person who sets up a business, taking on financial risks in the hope of profit.
- Equity – The value of shares issued by a company.
- Expense – The cost required for something.
- Feasibility Study – An analysis of how successfully a project can be completed.
- Fiscal Year – A year as reckoned for taxing or accounting purposes.
- Forecast – A prediction or estimate of future events.
- Franchise – Authorization granted to someone to sell or distribute a company’s goods or services.
- Gross Profit – The difference between revenue and the cost of goods sold.
- Incentive – Something that motivates or encourages someone to do something.
- Income Statement – A financial statement showing the revenue and expenses for a fiscal period.
- Inflation – The rate at which the general level of prices for goods and services is rising.
- Innovation – A new method, idea, or product.
- Inventory – A complete list of items such as property, goods in stock, or contents of a building.
- Investment – The action or process of investing money for profit.
- Invoice – A list of goods sent or services provided, with a statement of the sum due.
- Joint Venture – A commercial enterprise undertaken jointly by two or more parties.
- Liability – The state of being responsible for something, especially by law.
- Liquidity – The availability of liquid assets to a market or company.
- Logistics – The detailed coordination of a complex operation involving many people, facilities, or supplies.
- Margin – The difference between the cost of a product and its selling price.
- Market Share – The portion of a market controlled by a particular company or product.
- Marketing – The action or business of promoting and selling products or services.
- Merger – The combination of two or more companies into a single entity.
- Net Income – A company’s total earnings, also called net profit.
- Outsourcing – Obtain goods or services from an outside supplier.
- Overhead – The ongoing administrative expenses of a business.
- Partnership – A business organization in which two or more individuals manage and operate the business.
- Patent – A government authority or license conferring a right or title for a set period.
- Payroll – A list of a company’s employees and the amount of money they are to be paid.
- Profit Margin – The amount by which revenue from sales exceeds costs.
- Projection – An estimate or forecast of future financial performance.
- Public Relations (PR) – The professional maintenance of a favorable public image by a company.
- Quota – A limited quantity of a particular product that under official controls can be produced, exported, or imported.
- Receivables – Money owed to a company by its debtors.
- Revenue – Income, especially when of a company or organization.
- Risk Management – The forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact.
- Sales Forecast – The process of estimating future sales.
- Shareholder – An owner of shares in a company.
- Stakeholder – A person with an interest or concern in something, especially a business.
- Startup – A newly established business.
- Subsidiary – A company controlled by a holding or parent company.
- Supply Chain – The sequence of processes involved in the production and distribution of a commodity.
- SWOT Analysis – A study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats.
- Synergy – The interaction or cooperation of two or more organizations to produce a combined effect greater than the sum of their separate effects.
- Target Market – A particular group of consumers at which a product or service is aimed.
- Turnover – The amount of money taken by a business in a particular period.
- Valuation – The process of determining the current worth of an asset or a company.
- Variable Cost – A cost that varies with the level of output.
- Venture Capital – Capital invested in a project in which there is a substantial element of risk.
- Yield – The income return on an investment.
- Assets – Valuable resources owned by a business.
- Liabilities – Financial obligations a company owes.
- Equity – Ownership interest in a company.
- Revenue – Income generated from business activities.
- Net Profit – Profit after all expenses have been deducted.
- Gross Profit – Revenue minus the cost of goods sold.
- Cash Flow – Movement of money in and out of a business.
- Expense – Money spent to generate revenue.
- Depreciation – Reduction in the value of an asset over time.
- Amortization – Gradual repayment of a debt.
- Budget – A financial plan for a defined period.
- Forecast – A projection of future financial outcomes.
- Break-even – Point at which total revenue equals total expenses.
- Dividends – Payments made to shareholders from profits.
- Capital – Funds invested in a business.
- Investment – Allocation of money with the expectation of future returns.
- Interest – Cost of borrowing money.
- Loan – Borrowed money that must be repaid.
- Credit – Ability to obtain goods or services before payment.
- Inventory – Stock of goods held for sale.
- Supply Chain – Network involved in producing and delivering products.
- Logistics – Coordination of complex operations.
- Distribution – Process of delivering products to customers.
- Wholesale – Selling goods in large quantities at lower prices.
- Retail – Selling goods directly to consumers.
- Market Share – Portion of a market controlled by a company.
- Branding – Creating a unique image and identity for a product.
- Advertising – Promoting products or services to potential customers.
- Public Relations (PR) – Managing communication between a company and the public.
- Sales Promotion – Short-term incentives to encourage sales.
- Customer Service – Assistance provided to customers before, during, and after a purchase.
- Market Research – Gathering and analyzing data about consumers and competitors.
- Pricing Strategy – Determining the optimal price for products or services.
- Product Development – Creating and improving products.
- Innovation – Introducing new ideas or products.
- Entrepreneur – Individual who starts and runs a business.
- Franchise – Authorization to operate a business under a larger brand.
- Startup – A new business venture.
- Joint Venture – Business arrangement between two or more parties.
- Merger – Combination of two or more companies into one.
- Acquisition – Purchase of one company by another.
- Corporate Culture – Shared values and practices within an organization.
- Leadership – Ability to guide and influence others.
- Management – Process of planning, organizing, and controlling resources.
- Human Resources (HR) – Department managing employee relations.
- Recruitment – Process of attracting and hiring employees.
- Training – Developing skills and knowledge of employees.
- Compensation – Payment and benefits provided to employees.
- Performance Evaluation – Assessing employee performance.
- Employee Engagement – Emotional commitment of employees to their work.
- Team Building – Activities designed to improve teamwork.
- Conflict Resolution – Resolving disagreements within a team.
- Motivation – Factors that drive individuals to achieve goals.
- Productivity – Efficiency in producing goods or services.
- Time Management – Organizing and planning how to divide time between activities.
- Project Management – Planning and executing projects to achieve goals.
- Risk Management – Identifying and mitigating potential risks.
- Compliance – Adhering to laws and regulations.
- Ethics – Moral principles guiding business behavior.
- Corporate Social Responsibility (CSR) – Companies’ commitment to ethical practices and social impact.
- Sustainability – Meeting present needs without compromising future generations.
- Diversity – Inclusion of different types of people in an organization.
- Globalization – Integration of markets and businesses worldwide.
- Outsourcing – Contracting external companies to perform business functions.
- Technology – Use of tools and systems to improve business operations.
- E-commerce – Buying and selling goods and services online.
- Cybersecurity – Protecting computer systems from cyber attacks.
- Data Analysis – Examining data to make informed business decisions.
- Artificial Intelligence (AI) – Use of machines to perform tasks that require human intelligence.
- Blockchain – Technology for secure and transparent transactions.
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