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CEFR B2 Vocabulary - Lesson 7
Here you will learn some English words about business, such as "corporation", "CEO", "chairman", etc. prepared for B2 learners.
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agency
[noun]
a business or organization that provides services to other parties, especially by representing them in transactions
corporation
[noun]
a company or group of people that are considered as a single unit by law
board
[noun]
a group of people with the power to make decisions for an organization or company
entrepreneur
[noun]
a person who starts a business, especially one who takes financial risks
clerk
[noun]
someone whose job is to keep records and do the routine tasks in an office, shop, etc.
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
market research
[noun]
the act of gathering information about what people need or buy the most and why
to establish
[verb]
to create a company or organization with the intention of running it for a long term
to found
[verb]
to create or establish an organization or place, especially by providing the finances
to ship
[verb]
to send goods or individuals from one place to another using some form of transportation
to sponsor
[verb]
to cover the costs of a project, TV or radio program, activity, etc., often in exchange for advertising
union
[noun]
an organization formed by workers, especially in a particular industry, to protect their rights and improve their working conditions
lending
[noun]
the act of giving money to someone or something and expecting it to be returned
refund
[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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