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Business English Vocabulary & Terms.

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