agency
[noun]
a business or organization that provides services to other parties, especially by representing them in transactions
Ex:
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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corporation
[noun]
a company or group of people that are considered as a single unit by law
Ex:
The
corporation
's
annual
report
highlighted
significant
growth
in
revenue
.
board
[noun]
a group of people with the power to make decisions for an organization or company
Ex:
She
was
appointed
to
the
board
after
her
impressive
work
on
several
key
projects
.
chairman
[noun]
someone who is in charge of a company, organization, etc., for the long term
Ex:
After
serving
as
chairman
for
ten
years
,
she
decided
to
step down
and
mentor
the
next
generation
of
leaders
.
entrepreneur
[noun]
a person who starts a business, especially one who takes financial risks
Ex:
Networking events
are
essential
for
an
entrepreneur
to
connect
with
potential
investors
.
clerk
[noun]
someone whose job is to keep records and do the routine tasks in an office, shop, etc.
Ex:
The
clerk
at
the
bookstore
helped
me
find
the
book
I
was
looking for
.
draft
[noun]
a document ordering the bank to pay a specific amount of money to someone
Ex:
Upon
receiving
the
draft
,
the
payee
promptly
deposited
it
into
their
bank account
.
income
[noun]
the money that is regularly earned from a job or through an investment
Ex:
The
government
's
new
tax policy
will
impact
individuals
with
higher
incomes
more
significantly
.
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:
market research
[noun]
the act of gathering information about what people need or buy the most and why
Ex:
The
success
of
the
advertising campaign
was
attributed to
thorough
market research
,
which
identified
the
target audience
's
needs
and
desires
.
to contract
[verb]
to enter or make an official arrangement with someone
Ex:
The
artist
contracted
with
a
gallery
to
showcase
their
work
in
an
upcoming
exhibition
.
to establish
[verb]
to create a company or organization with the intention of running it over the long term
Ex:
They
decided
to
establish
a
non-profit
organization
to
address
the
community
's
healthcare
needs
.
to found
[verb]
to create or establish an organization or place, especially by providing the finances
Ex:
The
city
was
founded
by
settlers
in
the
18th
century
.
to manufacture
[verb]
to produce products in large quantities by using machinery
Ex:
The
textile
industry
manufactures
fabrics
through
automated
weaving
and
dyeing
processes
.
to launch
[verb]
to start an organized activity or operation
Ex:
We
are
launching
the
project
later
today
.
to ship
[verb]
to send goods or individuals from one place to another using some form of transportation
Ex:
to sponsor
[verb]
to cover the costs of a project, TV or radio program, activity, etc., often in exchange for advertising
Ex:
A
generous
donor
sponsored
the
construction
of
the
new
community center
.
strategy
[noun]
an organized plan made to achieve a goal
Ex:
She
changed
her
study
strategy
to
improve
her
grades
.
partnership
[noun]
a formal arrangement where two or more individuals, organizations, etc. come together as partners to achieve a goal, typically in business
Ex:
As
part
of
the
partnership
,
both
parties
agreed
to
pool
resources
and
collaborate
on
research
and
development
initiatives
.
profit margin
[noun]
the difference between the earnings and the costs in a business
Ex:
Understanding
your
product
's
profit margin
is
essential
for
making
informed
pricing
decisions
and
maximizing
profitability
.
stockholder
[noun]
an individual, institution, etc. that owns shares or stocks in a corporation
Ex:
The
dividend
payout
was
warmly
received
by
stockholders
,
reflecting
the
company
's
commitment
to
sharing
profits
with
its
investors
.
union
[noun]
an organization formed by workers, especially in a particular industry, to protect their rights and improve their working conditions
Ex:
The
union
staged
a
strike
to
protest
layoffs
and
demand
better
job security
for
its
members
.
tax evasion
[noun]
the illegal acts done to pay less tax than what is owed or to avoid paying taxes altogether
Ex:
The
government
implemented
stricter
penalties
for
tax evasion
in
an
effort
to
deter
individuals
and
corporations
from
engaging in
fraudulent
tax
practices
.
shipment
[noun]
the act of transporting goods
Ex:
The
shipment
of
perishable
goods
is
carefully
monitored
to
ensure
they
are
transported
under
the
proper
conditions
to
maintain
freshness
.
fortune
[noun]
a very large sum of money
Ex:
Winning
the
lottery
gave
her
a
fortune
she
had
only
dreamed
of
.
savings
[noun]
the amount of money that one has kept for future use, especially in a bank
Ex:
Building up
emergency
savings
is
essential
to
prepare
for
unexpected
expenses
such as
medical bills
or
car
repairs
.
wealthy
[adjective]
having a large amount of money or valuable possessions
Ex:
The
wealthy
philanthropist
donated
millions
of
dollars
to
charity
every year
.
to come down
[verb]
to have a decrease in price, temperature, etc.
Ex:
The
demand
for
the
product
decreased
,
causing
the
market price
to
come down
significantly
.
to live on
[verb]
to have the amount of money needed to buy necessities
Ex:
The
freelancer
lived on
a
project-based
income
,
which
could
be
unpredictable
at times
,
but
she
always
found
a
way
to
make
it
work
.
to pay off
[verb]
to give the full amount of money owed on a debt or loan
Ex:
After
inheriting
some
money
,
he
decided
to
pay off
all
his
credit card
debts
.
to set aside
[verb]
to keep or save money, time, etc. for a specific purpose
Ex:
The
family
set aside
a
portion
of
their
income
for
emergency
expenses
.
discount
[noun]
the act of reducing the usual price of something
Ex:
During
the
holiday
sale
,
many
items
were
available
at
a
significant
discount
,
attracting
a
large
crowd
of
shoppers
.
fee
[noun]
the money that is paid to a professional or an organization for their services
Ex:
The
gym
membership
fee
is
due
at
the
beginning
of
each
month
.
lending
[noun]
the act of giving money to someone or something and expecting it to be returned
Ex:
Lending
between
individuals
can
sometimes
strain
personal
relationships
if not
handled
carefully
.
senior
[adjective]
having a higher status or rank than someone else within an organization, profession, or hierarchy
Ex:
Senior
members
of
the
team
were
responsible
for
making
strategic
decisions
and
guiding
junior
colleagues
.
junior
[adjective]
lower in rank or position compared to someone else wthin a work environment
Ex:
Junior
members
of
the
team
were
assigned
simpler
tasks
while
they
gained
experience
.
to speak
[verb]
to deliver a speech to a group of people
Ex:
The
politician
is
scheduled
to
speak
at
the
rally
.