Business & Money
Work & business · 113 words
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The words
113 words
- acquisition/ˌæk.wɪˈzɪʃ.ən/noun · C1One company buying another whole.
- agenda itemnoun · B2One subject listed for discussion at a meeting.
- appraisal/əˈpɹeɪzəl/noun · C1The yearly meeting where your boss reviews how well you worked.
- assets/ˈæsɛts/noun · B2Everything a business owns that has value.
- audit/ˈɔːdɪt/noun · C1An official inspection of accounts or processes.
- balance sheetnoun · C1The statement of what a business owns and owes.
- bankruptcy/ˈbæŋ.kɹʌp(t).si/noun · B2+The legal state of having no money left to pay your debts.
- board meetingnoun · B2The gathering where a company's directors decide things.
- bonus/ˈbəʊ.nəs/noun · B1Extra money on top of your normal pay for good results.
- boom/buːm/noun · B2A period of fast growth and easy money.
- branch/bɹɑːnt͡ʃ/noun · B1One of the wooden arms growing out of a tree.
- break-evennoun · C1The point where money in exactly matches money out.
- budget/ˈbʌd͡ʒ.ɪt/noun · B2The plan for how much money can be spent on something.
- buyoutnoun · C1Buying all of a company, often by its own managers.
- capital/ˈkæpɪtəl/noun · A2+The most important settlement of a country, where the government sits.
- cash flownoun · B2The movement of money in and out over time.
- claim/kleɪm/verb · B1To ask an insurer to pay out under a policy.
- clause/klɔːz/noun · C1One numbered part of an agreement.
- collateral/kəˈlætəɹəl/noun · C1Something valuable promised to a lender if you cannot repay.
- commission/kəˈmɪʃən/noun · B2+A share of a sale paid to whoever made it happen.
- contract/ˈkɒntɹækt/noun · B2The legal paper both sides sign when agreeing to a job or a deal.
- contractor/ˈkɒnˌtɹæk.tə(ɹ)/noun · C1Someone hired for a fixed job rather than employed.
- credit limitnoun · B2The most a lender will let you borrow.
- creditor/ˈkɹɛdɪtə/noun · C1A person or firm that is owed money.
- currency/ˈkʌɹ.ən.si/noun · B1+The kind of money one country uses — euros, dollars, or yen.
- deadline/ˈdɛdˌlaɪn/noun · B2The date or hour when your task must be finished — no later.
- debtor/ˈdɛt.ə/noun · C1A person or firm that owes money.
- default/dɪˈfɒlt/verb · C1To fail to make the repayments you agreed to.
- deflation/dɪˈfleɪʃən/noun · C1A general fall in prices across an economy.
- deliverable/dɪˈlɪvɹəbəɫ/noun · C1A specific thing a project has promised to produce.
- demotionnoun · B2+Being moved down to a less important position.
- deposit/dɪˈpɒz.ɪt/verb · B2To put money into an account.
- discount/dɪˈskaʊnt/noun · B1+A cut in the price — twenty percent off!
- dividend/ˈdɪvɪdɛnd/noun · B2+The slice of profit paid out to shareholders.
- due diligence/ˈdjuː ˌdɪl.ɪ.d͡ʒəns/noun · C1The careful checking done before a deal is signed.
- equity/ˈɛk.wɪ.ti/noun · C1The share of a company that its owners actually hold.
- exchange ratenoun · B1How much of one country's money another's is worth.
- expense/ɪkˈspɛns/noun · B2One of the things your money regularly goes out on.
- fiscal/ˈfɪskəl/adjective · C1Having to do with public money and taxation.
- forecast/ˈfɔːkɑːst/noun · B2A statement of what the weather is expected to do.
- franchise/ˈfɹænt͡ʃaɪ̯z/noun · C1The right to run your own branch of a famous brand.
- freelance/ˈfɹiːlɑːns/adjective · B2+Working for many different clients instead of one fixed employer.
- headhunt/ˈhɛdˌhʌnt/verb · C1To approach someone in another company and tempt them away.
- headquarters/ˌhɛdˈk(w)ɔː.təz/noun · B1The main central office a company is run from.
- inflation/ɪnˈfleɪ.ʃən/noun · B2+Prices creeping up everywhere until money buys less and less.
- insolvent/ɪnˈsɒlv.ənt/adjective · C1Owing more than you own.
- instalment/ɪnˈstɔːl.mənt/noun · B2+One of a series of regular part-payments.
- interest ratenoun · B2The price of borrowing, as a percentage.
- inventory/ˈɪn.vən.tɹi/noun · B2The complete counted list of goods a business holds.
- investment/ɪnˈvɛstmənt/noun · B2Money placed somewhere in the hope it will grow.
- investor/ɪnˈvɛs.tə(ɹ)/noun · B2+A person who puts money in expecting a return.
- invoice/ˈɪnˌvɔɪs/noun · C1The formal bill one business sends another for work done.
- ledger/ˈlɛd͡ʒə/noun · C1The book in which every transaction is recorded.
- liabilitiesnoun · C1Everything a business owes.
- liability insurancenoun · C1Cover against being sued for harm you cause.
- liquidity/lɪkˈwɪdəti/noun · C1How easily assets can be turned into spendable cash.
- loan/ləʊn/noun · B2Money a bank gives you now that you pay back with extra later.
- logistics/ləˈd͡ʒɪstɪks/noun · B2+The planning of how goods and people move where they must go.
- markup/ˈmɑː(ɹ)k.ʌp/noun · C1The amount added to cost to arrive at the selling price.
- memorandum/ˌmɛm.əˈɹæn.dəm/noun · C1A short written note circulated inside an organisation.
- merger/ˈmɜː.d͡ʒə/noun · C1Two companies joining into one.
- milestone/ˈmaɪlˌstoʊn/noun · B2+One big marked point of progress on the road to the goal.
- minutes/ˈmɪnɪts/noun · B2The official written record of what a meeting decided.
- negotiate/nəˈɡəʊ.ʃi.eɪt/verb · B2To bargain back and forth toward an agreement.
- notice periodnoun · B2The time you must keep working after resigning.
- onboardingnoun · C1The process of settling a new employee in.
- outlet/ˈaʊtlɛt/noun · B2A shop through which goods are sold.
- overdraft/ˈəʊvədɹɑːft/noun · C1Permission to spend beyond what is in the account.
- overheadsnoun · C1The running costs a business pays whatever it sells.
- payroll/ˈpeɪˌɹəʊl/noun · B2The complete list of employees and the money each is paid.
- pension/ˈpɛnʃən/noun · B2+The money older people receive every month after their working years end.
- probation periodnoun · B2The first months in a job, before it is confirmed.
- procurement/pɹəˈkjʊə.mənt/noun · C1The work of buying what an organisation needs.
- profit marginnoun · B2The share of each sale that is left as gain.
- promotion/pɹəˈməʊʃn̩/noun · B2Moving up to a higher position at the same company.
- proxy/ˈpɹɒk.si/noun · C1Someone who votes on your behalf.
- quarterlyadjective · B2+Happening once every three months.
- quorum/ˈkwɔː.ɹəm/noun · C1The smallest number who must attend for a decision to count.
- quotation/kwoʊˈteɪʃn̩/noun · B2+A stated price for doing a particular job.
- rebate/ˈɹiːbeɪt/noun · C1Money given back after a purchase.
- receipt/ɹɪˈsiːt/noun · B1The little paper the shop gives you to prove you paid.
- recession/ɹɪˈsɛʃn̩/noun · B2+The months when a whole economy shrinks and jobs disappear.
- recruit/ɹɪˈkɹut/verb · B2To find and hire new staff.
- redundancy/ɹɪˈdʌnd(ə)nsi/noun · C2Losing your job because the company no longer needs the role.
- refund/ɹɪˈfʌnd/noun · B1+Your money given back when you return what you bought.
- resignation/ˌɹɛz.ɪɡˈneɪ.ʃən/noun · C1The formal act of quitting your job, letter included.
- retail/ˈɹiˌteɪl/noun · B2Selling goods one at a time to the public.
- revenue/ˈɹɛvənjuː/noun · B2+All the money flowing into a company before any costs are paid.
- salary/ˈsæləɹi/noun · B1+The fixed money you receive from your company every month.
- severance/ˈsɛv.ɹəns/noun · C1Money paid to somebody whose job is ending.
- stake/steɪk/noun · C1A share of ownership in a venture.
- stakeholder/ˈsteɪkˌhəʊl.də/noun · C1Anyone affected by a company's decisions, not just its owners.
- startup/ˈstɑɹtˌʌp/noun · B1+A brand-new company chasing fast growth, often from a garage.
- statement/ˈsteɪtm(ə)nt/noun · B1The regular list of everything paid in and out.
- stock/stɒk/noun · B1The goods a business has ready to sell.
- subsidiary/sʌbˈsɪ.di.əɹ.i/noun · C1A company owned and controlled by a bigger one.
- supplier/səˈplaɪə/noun · B2The business that provides what you need to trade.
- supply chainnoun · B2Every step from raw material to the customer's hands.
- takeovernoun · B2Gaining control of a company, sometimes against its will.
- tender/ˈtɛn.dəː/adjective · B2Soft and full of gentle love.
- transaction/tɹænˈzækʃən/noun · C1One completed act of paying and receiving.
- transfer/tɹɑːnsˈfɜː/noun · B2Changing from one plane or train to another in the middle of a trip.
- turnover/ˈtɝnoʊvɚ/noun · C1The total money a business takes in; also how fast staff come and go.
- turnover ratenoun · C1How fast staff leave and have to be replaced.
- valuation/ˌvæ.ljuːˈeɪ.ʃən/noun · C1What a business is judged to be worth.
- venture capital/ˈvɛn.t͡ʃə ˈkæpɪtəl/noun · C1Money invested in young companies that might fail or soar.
- wage/weɪd͡ʒ/noun · B2Money paid for work by the hour or by the day.
- warranty/ˈwɒɹ.ən.ti/noun · B2+The promise that a product will be repaired free if it breaks soon.
- wholesale/ˈhoʊlseɪl/noun · B2+Selling goods in bulk to the shops, not to the public.
- withdraw/wɪðˈdɹɔː/verb · B2To pull back or take out — troops, offers, or money.