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Business and commerce – English vocabulary

12 words · English vocabulary · Created by Openquiz Team

12 English words with meanings: enterprise, incur, invest, market, offset… Study them with flashcards, quizzes and AI speaking practice on OpenQuiz.

Part of the learning path: 600 Essential Words for the TOEIC Exam

Word list

  1. enterprise /'entərpraɪz/ (noun) — a big business company
    Example: The new enterprise focuses on renewable energy solutions.
    Synonyms: company, venture, firm
  2. incur /ɪn'kɜ:r/ (verb) — to suffer or become responsible for costs or losses
    Example: The company incurred heavy losses last year.
    Synonyms: suffer, experience, undergo
  3. invest /ɪn'vest/ (verb) — to put money in to make more money
    Example: He decided to invest in renewable energy projects.
    Synonyms: put money into, finance, back
  4. market /'mɑ:rkɪt/ (noun) — a place to buy and sell
    Example: The company plans to enter the Asian market next year.
    Synonyms: bazaar, trade, commerce
  5. offset /'ɒfsɛt/ (verb) — make up for
    Example: The company planted trees to offset its carbon emissions.
    Synonyms: compensate, counterbalance, neutralize
  6. order /'ɔ:rdər/ (noun/verb) — a request to buy goods; to ask for goods
    Example: We received a large order from a new client today.
    Synonyms: request, purchase, command
  7. out of /aʊt əv/ (adjective) — have nothing left
    Example: We're out of milk, so I need to go to the store.
    Synonyms: without, lacking, devoid of
  8. profitable /'prɑ:.fɪ.tə.bəl/ (adjective) — making money
    Example: Running an online store turned out to be a very profitable business.
    Synonyms: lucrative, gainful, rewarding
  9. quote /kwoʊt/ (verb) — to give a price
    Example: He asked the supplier to quote a price for the materials.
    Synonyms: estimate, cite, mention
  10. rate /reɪt/ (noun) — the price or amount charged for something
    Example: The hotel offers a discounted rate for long-term stays.
    Synonyms: price, fee, charge
  11. reduction /rɪ'dʌk.ʃən/ (noun) — a decrease; making something smaller or lower
    Example: The company announced a reduction in energy costs this year.
    Synonyms: decrease, diminution, cut
  12. transaction /træn'zæk.ʃən/ (noun) — a business deal
    Example: The bank confirmed that the transaction was successful.
    Synonyms: deal, exchange, operation

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