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Business Fundamentals – English vocabulary

53 words · English vocabulary · Created by Openquiz Team

53 English words with meanings: company, business, profit, revenue, customer… Study them with flashcards, quizzes and AI speaking practice on OpenQuiz.

Part of the learning path: English for Business

Word list

  1. company /'kʌmpəni/ (noun) — a business organization
    Example: She works for a large company.
    Synonyms: firm, corporation, enterprise
  2. business /'bɪznəs/ (noun) — the activity of buying and selling goods or services
    Example: He started his own business.
    Synonyms: trade, commerce, industry
  3. profit /'prɒfɪt/ (noun) — money earned after costs are paid
    Example: Our profit increased last year.
    Synonyms: gain, earning, income
  4. revenue /'revənju:/ (noun) — total money received from sales
    Example: The company reported higher revenue.
    Synonyms: income, earnings, proceeds
  5. customer /'kʌstəmə(r)/ (noun) — a person who buys goods or services
    Example: We always put the customer first.
    Synonyms: client, buyer, consumer
  6. management /'mænɪdʒmənt/ (noun) — the act of planning and controlling work
    Example: Good management is key to success.
    Synonyms: administration, supervision, control
  7. employee /ɪm'plɔɪi:/ (noun) — a person who works for a company
    Example: Each employee must follow the company rules.
    Synonyms: worker, staff, personnel
  8. market /'mɑ:kɪt/ (noun) — a place where buyers and sellers meet
    Example: We plan to expand into the Asian market.
    Synonyms: bazaar, trading place, sector
  9. strategy /'strætədʒi/ (noun) — a plan to reach a goal
    Example: Our marketing strategy was successful.
    Synonyms: plan, approach, method
  10. competition /,kɒmpɪ'tɪʃn/ (noun) — trying to win against others
    Example: The competition in this industry is strong.
    Synonyms: rivalry, contest, challenge
  11. budget /'bʌdʒɪt/ (noun) — a plan for how much money to spend
    Example: We must stick to our budget.
    Synonyms: financial plan, allowance, funds
  12. investment /ɪn'vestmənt/ (noun) — putting money in to make more money
    Example: He made a big investment in real estate.
    Synonyms: funding, finance, backing
  13. sales /seɪlz/ (noun) — selling products and the money earned
    Example: Sales have increased this month.
    Synonyms: transactions, deals, trades
  14. supplier /sə'plaɪə(r)/ (noun) — a person or company that provides goods
    Example: We found a new supplier for raw materials.
    Synonyms: vendor, provider, distributor
  15. advertising /'ædvərtaɪzɪŋ/ (noun) — telling people about a product to sell it
    Example: The company spent more on advertising.
    Synonyms: promotion, marketing, publicity
  16. brand /brænd/ (noun) — the name and image of a product
    Example: Our brand is known worldwide.
    Synonyms: label, trademark, logo
  17. deal /di:l/ (noun) — an agreed exchange
    Example: They made a deal with a local company.
    Synonyms: agreement, arrangement, contract
  18. contract /'kɒntrækt/ (noun) — a written agreement
    Example: He signed the contract yesterday.
    Synonyms: agreement, document, covenant
  19. negotiation /nɪ,ɡəʊʃi'eɪʃn/ (noun) — talking to reach an agreement
    Example: Negotiation took several hours.
    Synonyms: bargaining, discussion, settlement
  20. partner /'pɑ:tnə(r)/ (noun) — a person or company you work with
    Example: Our partner company is located in Japan.
    Synonyms: associate, companion, collaborator
  21. shareholder /'ʃeə,həʊldə(r)/ (noun) — a person who owns company shares
    Example: Each shareholder receives dividends annually.
    Synonyms: stockholder, investor, owner
  22. stock /stɒk/ (noun) — a small piece of company ownership
    Example: The stock price rose today.
    Synonyms: equity, share, security
  23. marketing /'mɑ:kɪtɪŋ/ (noun) — promoting and selling products
    Example: Marketing plays a big role in our growth.
    Synonyms: promotion, advertising, selling
  24. finance /'faɪnæns/ (noun) — managing money
    Example: She works in the finance department.
    Synonyms: money, funds, capital
  25. income /'ɪnkʌm/ (noun) — money you earn
    Example: His income has increased this year.
    Synonyms: earning, revenue, salary
  26. expense /ɪk'spens/ (noun) — money you spend
    Example: Travel expenses are covered by the company.
    Synonyms: cost, charge, outlay
  27. cost /kɒst/ (noun) — the amount of money needed to make or buy something
    Example: The cost of production has gone up.
    Synonyms: price, expense, fee
  28. growth /ɡrəʊθ/ (noun) — an increase in size or amount
    Example: We aim for steady growth every quarter.
    Synonyms: increase, expansion, development
  29. goal /ɡəʊl/ (noun) — something you want to achieve
    Example: Our main goal is customer satisfaction.
    Synonyms: aim, target, objective
  30. target /'tɑ:ɡɪt/ (noun) — a number or amount you aim to reach
    Example: We must reach our monthly sales target.
    Synonyms: goal, aim, objective

…and 23 more words in this set.

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