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Business English Vocabulary & Terms.
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A company plans a series of ads to get people to buy their product. What is this plan called?
ad campaign
An office supply company places ads on a technology news website. What is it doing?
online advertising, marketing
This is the area or category of possible buyers of your product or service.
market
A company hires an outside agency to come up with slogans, commercials, posters, etc. What are they creating?
an advertising campaign
When you purchase something for the purpose of making a profit
investment
When people are spending more and the economy is getting better
booming
When the economy is bad and jobs are hard to find and people are not spending
recession
When banks don’t have money to loan
credit crunch
Where investors put their money
stock market
What a bank charges you for borrowing money
interest rate
When prices are on the rise
inflation
When an economy is able to produce more goods and services
growth
When the economy is getting worse and worse
inflation
When you buy something now and pay for it later
credit
Someone who works with you, used especially by professional people.
Colleague
Someone who works with you and has a similar position.
Co-worker
Person or firms who employs people
employer/s
Dismiss for economic reasons.
make redundant.
Period of absence for an employee when having a baby.
Maternity/paternity leave
To dismiss from a job.
fire
Person who works for a firm or a company.
Employee
Leave job voluntarily.
Resign
Evaluation of one's abilities
Assessment
Human Resources Manager
HRM
Director of Research and Development
Director R&D
Chief Information Officer
CIO
Public Relations Officer
PRO
Personal Assistant
PA
Chief Executive Officer
CEO
As Soon As Possible
ASAP
copy to
CC
Gross Domestic Product
GDP
Very Important Person.
VIP
Limited
Ltd
Greenwich mean time
GMT
a/c
account
Value Added Tax
VAT
Happening twice a year.
Biannual.
Obtain money which must be returned.
Borrow
Give or allow the use of money, which must be returned, usually with interest.
Lend
The money used in a country.
currency
Small amount of cash available for everyday expense.
petty cash
An amount of money that a person, business or country can borrow, especially from a bank.
Loan
Amount of money available or needed for a specific use.
Budget
Piece of paper money
Banknote