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C1 Level Wordlist - Business and Management

Here you will learn some English words about business and management, such as "acquisition", "invoice", "retailer", etc. prepared for C1 learners.

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CEFR C1 Vocabulary

the act of buying or obtaining something, especially something that is valuable

Ex: The government approved acquisition of land for the construction of a new highway .
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a second university degree in business management

Ex: She completed Master of Business Administration degree at Harvard Business School .
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associate
[noun]

a member of an organization with limited membership

Ex: Associates contribute to the organization through their expertise and participation in projects and initiatives .
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retailer
[noun]

a store, person, or business that sells goods to the public for their own use, not for resale

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commodity
[noun]

(economics) an unprocessed material that can be traded in different exchanges or marketplaces

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goods offered for sale or the ones bought or sold

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an organization or business that is jointly owned and run by its members

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audit
[noun]

a formal inspection of a business's financial records to see if they are correct and accurate or not

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deficit
[noun]

the difference between the needed amount that is higher than the available amount, especially money

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the act of using money

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invoice
[noun]

a list of goods or services received and their total cost

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margin
[noun]

(business) the difference between the amount of money spent to buy or produce something and the amount of money gained from its sale

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turnover
[noun]

the overall amount of profit made by a business or company over a specific period of time

Ex: They attributed the decline turnover to changes in consumer behavior and increased competition .
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yield
[noun]

an amount of profit gained from an investment or business

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a company

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franchise
[noun]

a permission granted to a person or group by a government or company that enables them to sell their services or products in a specific area

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start-up
[noun]

a business or company that has just begun operation

Ex: start-up expanded rapidly after its product went viral .
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Ltd
[noun]

used after the name of a company to indicate that its owners are not legally responsible for all the money that the company owes but only to the amount they have invested in it

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venture
[noun]

a business activity that is mostly very risky

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net
[Adjective]

final amount after the deduction of all costs

Ex: net proceeds from the sale of the property will be used to repay outstanding debts .
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cooperative
[Adjective]

involving partnership of a group of people working toward a common goal

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incorporated
[Adjective]

having become a legal business company

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managerial
[Adjective]

related to managing or supervising tasks, resources, or personnel within an organization

Ex: Managerial positions often require experience in decision-making and conflict resolution .
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profitable
[Adjective]

(of a business) providing benefits or valuable returns

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to be responsible for a company, organization, etc. and manage its affairs, including financial matters

Ex: The school principal administers the educational programs and resources .
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to close
[Verb]

to finalize a business deal

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to merge
[Verb]

to combine and create one whole

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to draw public's attention to something by giving information about it as an act of advertisement

Ex: publicized the concert , hoping to sell more tickets .
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to take control of a company or business, particularly by buying more shares

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patent
[noun]

a formal document that gives someone the right to be the only one who makes, uses, or sells an invention or product for a limited amount of time

Ex: The pharmaceutical company was granted patent for their new drug , ensuring they had exclusive sales rights for the next 20 years .
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shipping
[noun]

the act of transporting goods, particularly by sea

Ex: shipping logistics are crucial for global businesses to ensure timely delivery of products to customers .
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warehouse
[noun]

a large place in which raw materials or produced goods are stored before they are sold or distributed

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operational
[Adjective]

related to the way in which a business, organization, machine, etc. functions

Ex: The new software system provides real-time data to operational decision-making processes .
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the process of presenting a favorable public image of a person, firm, or institution

Ex: They hired public relations firm to help boost their presence in the media and attract more clients .
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