Business and Management: English Vocabulary List

a second university degree in business management

"She earned Master of Business Administration."

"He earned his Master of Business Administration degree to qualify for upper management positions quickly."

a member of an organization with limited membership

"He is an associate."

"As a junior associate at the law firm, she was responsible for conducting research and assisting senior partners."

a store, person, or business that sells goods to the public for their own use, not for resale

"The retailer opened early"

"The retailer expanded business across multiple cities and increased sales significantly this year"

(economics) an unprocessed material that can be traded in different exchanges or marketplaces

"The commodity is valuable"

"The commodity prices increased sharply due to global supply chain disruptions and demand changes"

goods offered for sale or the ones bought or sold

"Store sells merchandise."

"The store offered a full refund on all merchandise within thirty days of purchase with receipt."

a formal inspection of a business's financial records to see if they are correct and accurate or not

"The firm's finances undergo a rigorous external audit every year."

"An energy audit is a professional inspection and analysis of energy flows in a building to identify opportunities to improve efficiency and reduce consumption and cost."

the difference between the needed amount that is higher than the available amount, especially money

"The deficit is growing"

"The national deficit increased significantly after higher government spending and lower tax revenues"

a list of goods or services received and their total cost

"The invoice was sent"

"The invoice was sent to the client after completion of the project delivery and approval"

a newly established company or business venture, typically characterized by its innovative approach, early-stage development, and a focus on growth

"The start-up grew fast"

"The start-up grew fast after receiving investment from international venture capital firms"

used after the name of a company to indicate that its owners are not legally responsible for all the money that the company owes but only to the amount they have invested in it

"The company is called Smith Ltd."

"The company was registered as GreenTech Ltd, which limited the owners' financial liability."

a business activity that is mostly very risky

"The venture succeeded well"

"The venture succeeded well after months of careful planning and strategic business partnerships"

having become a legal business company

"The company is incorporated."

"The incorporated business became a legal entity separate from its owners which protected their personal assets from debts and lawsuits."

related to managing or supervising tasks, resources, or personnel within an organization

"She has managerial skills."

"Her managerial skills helped the team increase productivity by twenty percent and everyone respected her fair leadership style."

(of a business) providing benefits or valuable returns

"The business is profitable."

"The profitable company shared its earnings with employees by giving generous bonuses at the end of each fiscal year."

a formal document that gives someone the right to be the only one who makes, uses, or sells an invention or product for a limited amount of time

"The patent was approved"

"The patent was approved after years of research and legal examination by authorities"

the act of transporting goods, particularly by sea

"Fast shipping is important."

"Free shipping on online orders over fifty dollars encourages customers to add more items to their carts."

a large place in which raw materials or produced goods are stored before they are sold or distributed

"The warehouse is large"

"The warehouse is large and stores thousands of products ready for distribution across regions"

related to the way in which a business, organization, machine, etc. functions

"The factory is operational."

"The new factory became operational in January and it now produces over ten thousand units of the product every month."

the process of presenting a favorable public image of a person, firm, or institution

"Public relations department works."

"The company hired a public relations firm to repair its damaged reputation after the scandal."

the act of buying or obtaining something, especially something that is valuable

"The company's latest acquisition gives it a major market advantage."

"The company's strategic acquisition of its smaller competitor significantly expanded its market share and product offerings."

an organization or business that is jointly owned and run by its members

"The workers formed a cooperative."

"The housing cooperative was owned and managed by the residents who lived there."

the process of using money to pay for goods, services, or obligations

"The company reduced its advertising expenditure significantly."

"The largest expenditure in the family budget is rent followed by groceries and health insurance."

(business) the difference between the amount of money spent to buy or produce something and the amount of money gained from its sale

"The profit margin is small."

"The company maintained a small profit margin despite rising production costs this quarter"

the overall amount of profit made by a business or company over a specific period of time

"Company profit grew."

"High employee turnover costs companies money because they must constantly recruit and train new workers."

an amount of profit gained from an investment or business

"The bond offers a high annual yield"

"This investment has a yield of about six percent annually."

a company

"This is a new enterprise."

"The young entrepreneur launched a new software enterprise with innovative solutions for small businesses."

a commercial enterprise that functions under an agreement, using the branding, systems, and products of an established company

"She opened a pizza franchise."

"He decided to purchase a fast-food franchise to start his own business venture."

final amount after the deduction of all costs

"The weight is net."

"The net profit of the company increased by fifteen percent last year and the shareholders were very pleased with the results."

pertaining to an organization jointly owned and operated by its members

"A cooperative venture."

"The students formed a cooperative study group to help each other prepare for the challenging final exams."

to be responsible for a company, organization, etc. and manage its affairs, including financial matters

"She will administer the funds."

"The appointed trustee will administer the estate according to the deceased's final wishes and legal requirements."

to finalize a business deal

"We will close soon."

"After months of negotiation, the two companies finally managed to close the lucrative deal."

to combine and create one whole

"The two companies merge into one giant corporation."

"The two companies agreed to merge their operations to create a larger and more competitive organization in the market."

to draw public's attention to something by giving information about it as an act of advertisement

"They publicize the event through social media."

"The charity hired a public relations firm to publicize its fundraising campaign and attract more donors."

to take control of a company or business, particularly by buying more shares

"Who will take over the family business?"

"The large corporation plans to take over its smaller rival by purchasing all of its shares and assets."