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