English vocabulary Let's Get Down to Business!

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agency

/ˈeɪdʒənsi/

noun

a business or organization that provides services to other parties, especially by representing them in transactions

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corporation

/ˌkɔɹpɝˈeɪʃən/

noun

a company or group of people that are considered as a single unit by law

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board

/ˈbɔɹd/

noun

a group of people with the power to make decisions for an organization or company

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chairman

/ˈtʃɛɹmən/

noun

someone who is in charge of a company, organization, etc. for a long term

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entrepreneur

/ˌɑntɹəpɹəˈnɝ/, /ˌɑntɹəpɹəˈnʊɹ/

noun

a person who starts a business, especially one who takes financial risks

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clerk

/ˈkɫɝk/

noun

someone whose job is to keep records and do the routine tasks in an office, shop, etc.

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draft

/ˈdɹæft/

noun

a document ordering the bank to pay a specific amount of money to someone

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income

/ˈɪnˌkəm/

noun

the money that is regularly earned from a job or through an investment

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insurance

/ˌɪnˈʃʊɹəns/

noun

the arrangement with an institute or agency according to which they guarantee to make up for the damages in the event of an accident or loss

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market research

/mˈɑːɹkɪt ɹɪsˈɜːtʃ/

noun

the act of gathering information about what people need or buy the most and why

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to contract

/ˈkɑnˌtɹækt/, /kənˈtɹækt/

verb

to enter or make an official arrangement with someone

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to establish

/ɪˈstæbɫɪʃ/

verb

to create a company or organization with the intention of running it for a long term

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to found

/ˈfaʊnd/

verb

to create or establish an organization or place, especially by providing the finances

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to fund

/ˈfənd/

verb

to supply money for a special purpose

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to manufacture

/ˌmænjəˈfæktʃɝ/

verb

to produce products in large quantities by using machinery

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to launch

/ˈɫɔntʃ/

verb

to start an organized activity or operation

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to ship

/ˈʃɪp/

verb

to send goods or individuals from one place to another using some form of transportation

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to sponsor

/ˈspɑnsɝ/

verb

to cover the costs of a project, TV or radio program, activity, etc., often in exchange for advertising

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strategy

/ˈstɹætədʒi/

noun

an organized plan made to achieve a goal

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partnership

/ˈpɑɹtnɝˌʃɪp/

noun

a relationship between business partners

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profit margin

/pɹˈɑːfɪt mˈɑːɹdʒɪn/

noun

the difference between the earnings and the costs in a business

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stockholder

/ˈstɑkˌhoʊɫdɝ/

noun

someone who holds shares and stocks in a business

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union

/ˈjunjən/

noun

an organization formed by workers, especially in a particular industry, to protect their rights and improve their working conditions

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tax evasion

/tˈæks ɪvˈeɪʒən/

noun

the offense of not paying taxes

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shipment

/ˈʃɪpmənt/

noun

the act of transporting goods

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fortune

/ˈfɔɹtʃən/, /ˈfɔɹtʃun/

noun

a very large sum of money

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savings

/ˈseɪvɪŋz/

noun

the amount of money that one has saved, especially in a bank

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wealthy

/ˈwɛɫθi/

adjective

having a large amount of money or valuable possessions

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to come down

/kˈʌm dˈaʊn/

verb

to have a decrease in price, temperature, etc.

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to live on

/lˈaɪv ˈɑːn/

verb

to have the amount of money needed to buy necessities

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to pay off

/pˈeɪ ˈɔf/

verb

to pay the full amount owed on a debt or loan

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to set aside

/sˈɛt ɐsˈaɪd/

verb

to keep or save money, time, etc. for a specific purpose

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discount

/ˈdɪskaʊnt/, /dɪˈskaʊnt/

noun

the act of reducing the usual price of something

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fee

/ˈfi/

noun

the money that is paid to a professional or an organization for their services

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lending

/ˈɫɛndɪŋ/

noun

the act of giving money to someone or something and expecting it to be returned

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senior

/ˈsinjɝ/

adjective

of a high or higher status or rank than someone else

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junior

/ˈdʒunjɝ/

adjective

low or lower in rank than someone

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refund

/ˈɹiˌfənd/, /ɹɪˈfənd/

noun

an amount of money that is paid back because of returning goods to a store or one overpaying for something

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to speak

/ˈspik/

verb

to deliver a speech to a group of people

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chief executive officer

/tʃˈiːf ɛɡzˈɛkjuːtˌɪv ˈɑːfɪsɚ/

noun

the highest-ranking person in a company

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