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B2 Level Wordlist - Business and Office

Here you will learn some English words about business and office, such as "corporation", "CEO", "chairman", etc. prepared for B2 learners.

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CEFR B2 Vocabulary
agency
[noun]

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

Ex: An agency sells and services insurance policies to clients , acting as a liaison between the insurer and the insured .
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a company or group of people that are considered as a single unit by law

Ex: The new environmental regulations will affect how corporation conducts its business .
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board
[noun]

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

Ex: board's decision to merge with another company was announced to the public today .
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chairman
[noun]

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

Ex: During the conference , chairman highlighted the importance of innovation and sustainability in future projects .
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a person who starts a business, especially one who takes financial risks

Ex: entrepreneurs face significant risks but also have the potential for substantial rewards .
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clerk
[noun]

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

Ex: clerk greeted visitors and directed them to the appropriate department .
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draft
[noun]

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

Ex: draft was drawn on a reputable bank , which gave the recipient confidence in the reliability of the payment .
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income
[noun]

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

Ex: The couple reviewed their income and expenses to create a more effective budget .
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insurance
[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

Ex: The company’s insurance policy includes coverage for employee injuries on the job.
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the act of gathering information about what people need or buy the most and why

Ex: The company 's decision to expand into new markets was informed by market research, which highlighted emerging opportunities and potential challenges .
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to enter or make an official arrangement with someone

Ex: She contracted with a freelance writer to help her with content creation for her website.
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to create a company or organization with the intention of running it over the long term

Ex: With a clear vision , they sought investors to help establish their fashion brand in the global market .
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to found
[Verb]

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

Ex: found a research institute dedicated to environmental conservation .
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to fund
[Verb]

to supply money for a special purpose

Ex: fund the annual music festival , ensuring its success .
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to produce products in large quantities by using machinery

Ex: manufacture medical equipment for hospitals .
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to launch
[Verb]

to start an organized activity or operation

Ex: He launched several successful businesses in the past .
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to ship
[Verb]

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

Ex: The automotive company ships finished cars to dealerships across different regions for sale.
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to cover the costs of a project, TV or radio program, activity, etc., often in exchange for advertising

Ex: The sponsors a popular TV show , showcasing its products during commercial breaks .
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strategy
[noun]

an organized plan made to achieve a goal

Ex: The government introduced strategy to reduce pollution .
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a formal arrangement where two or more individuals, organizations, etc. come together as partners to achieve a goal, typically in business

Ex: The university established partnership with international institutions to promote academic exchange programs and collaborative research efforts .
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the difference between the earnings and the costs in a business

Ex: Analyzing competitorsprofit margins can provide valuable insights into market trends and competitive positioning .
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an individual, institution, etc. that owns shares or stocks in a corporation

Ex: Corporate transparency is essential for building trust and maintaining positive relationships stockholders, who rely on accurate information to make investment decisions .
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union
[noun]

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

Ex: Through solidarity and collective action , union successfully lobbied for legislation to protect workers ' rights and strengthen labor laws .
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the illegal acts done to pay less tax than what is owed or to avoid paying taxes altogether

Ex: The accountant was charged with aiding and tax evasion by advising clients on illegal methods to evade taxes .
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shipment
[noun]

the act of transporting goods

Ex: A shipping company was contracted to handle the shipment of the company 's products to overseas markets .
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fortune
[noun]

a very large sum of money

Ex: Despite his fortune, he lived a surprisingly modest lifestyle .
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savings
[noun]

the amount of money that one has kept for future use, especially in a bank

Ex: The government encourages citizens to save by offering tax incentives for contributions to retirement savings accounts.
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wealthy
[Adjective]

having a large amount of money or valuable possessions

Ex: wealthy neighborhood was known for its extravagant mansions and gated communities .
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to have a decrease in price, temperature, etc.

Ex: As the winter approached , the energy came down due to reduced usage of air conditioning .
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to have the amount of money needed to buy necessities

Ex: The lived on a tight budget , but they always managed to make ends meet .
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to give the full amount of money owed on a debt or loan

Ex: The business loan took five years pay off.
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to keep or save money, time, etc. for a specific purpose

Ex: They always set aside a percentage of their profits for charity.
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discount
[noun]

the act of reducing the usual price of something

Ex: The car dealership provided discount to boost sales at the end of the fiscal year .
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fee
[noun]

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

Ex: There 's an fee if you require expedited shipping for your order .
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lending
[noun]

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

Ex: The institution has strict policies on lending to ensure that loans are repaid on time.
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senior
[Adjective]

having a higher status or rank than someone else within an organization, profession, or hierarchy

Ex: senior member of the committee addressed the concerns raised by the group .
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junior
[Adjective]

lower in rank or position compared to someone else wthin a work environment

Ex: junior assistant was responsible for basic administrative duties in the office .
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to speak
[Verb]

to deliver a speech to a group of people

Ex: The audience filled the hall to capacity to hear the scientist speak.
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the highest-ranking person in a company

Ex: Employees appreciated the CEO's transparency during difficult times.
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