Business English Complete Course

Master professional English for international business success

Essential Business Vocabulary

💰Finance & Accounting

Revenue

Finance

Definition: Total income generated by the sale of goods or services

Example: "Our revenue increased by 25% last quarter."

Profit margin

Finance

Definition: The ratio of profit to revenue

Example: "We need to increase our profit margin to stay competitive."

Budget

Finance

Definition: An estimate of income and expenditure for a set period

Example: "We need to stick to the budget this year."

ROI (Return on Investment)

Finance

Definition: A measure of the profitability of an investment

Example: "The ROI on this project was impressive."

Cash flow

Finance

Definition: The total amount of money being transferred in and out

Example: "Poor cash flow can cause serious problems."

Asset

Finance

Definition: A useful or valuable thing owned by a person or company

Example: "Our employees are our greatest asset."

Liability

Finance

Definition: A company's legal financial debts or obligations

Example: "We need to reduce our liabilities."

Invoice

Finance

Definition: A list of goods sent or services provided, with a statement of payment due

Example: "Please send the invoice by Friday."

📊Marketing & Sales

Target market

Marketing

Definition: The particular group of consumers at which a product is aimed

Example: "Our target market is young professionals."

Brand awareness

Marketing

Definition: The extent to which consumers are familiar with a particular brand

Example: "We need to increase brand awareness through social media."

Market share

Marketing

Definition: The portion of a market controlled by a particular company

Example: "We're trying to increase our market share."

Lead generation

Marketing

Definition: The initiation of consumer interest in a product or service

Example: "Lead generation is crucial for sales growth."

Conversion rate

Marketing

Definition: The percentage of visitors who complete a desired action

Example: "Our conversion rate improved after the website redesign."

Pitch

Marketing

Definition: A presentation to sell a product or idea

Example: "I have to pitch the new campaign to the board tomorrow."

Cold calling

Marketing

Definition: Making unsolicited calls to potential customers

Example: "Cold calling can be challenging but effective."

B2B/B2C

Marketing

Definition: Business-to-Business / Business-to-Consumer

Example: "We operate in both B2B and B2C markets."

👔Management & HR

Stakeholder

Management

Definition: A person with an interest or concern in something

Example: "We need to keep all stakeholders informed."

Delegate

Management

Definition: Assign responsibility or authority to another person

Example: "You need to learn to delegate tasks to your team."

Synergy

Management

Definition: The combined effect is greater than the sum of individual effects

Example: "The merger created great synergy between the two companies."

Onboarding

Management

Definition: The process of integrating a new employee into an organization

Example: "Our onboarding process takes two weeks."

KPI (Key Performance Indicator)

Management

Definition: A measurable value demonstrating effective achievement of objectives

Example: "We track several KPIs to measure success."

Turnover

Management

Definition: The rate at which employees leave and are replaced

Example: "High employee turnover is costing us money."

Work-life balance

Management

Definition: The division of time between work and personal activities

Example: "The company promotes healthy work-life balance."

Performance review

Management

Definition: A formal assessment of an employee's work performance

Example: "Annual performance reviews are conducted in December."

🚚Operations & Logistics

Supply chain

Operations

Definition: The sequence of processes involved in the production and distribution

Example: "We need to optimize our supply chain."

Inventory

Operations

Definition: A complete list of items such as goods in stock

Example: "We're running low on inventory."

Outsource

Operations

Definition: Obtain goods or services from an outside supplier

Example: "We decided to outsource our IT support."

Scalability

Operations

Definition: The capability of a system to handle growing amounts of work

Example: "Scalability is important for growing businesses."

Bottleneck

Operations

Definition: A point of congestion that slows or stops progress

Example: "The approval process is becoming a bottleneck."

Turnaround time

Operations

Definition: The time taken to complete a process

Example: "We need to reduce our turnaround time."

Procurement

Operations

Definition: The action of obtaining supplies of goods

Example: "The procurement team handles all purchases."

Quality control

Operations

Definition: A system ensuring products meet quality standards

Example: "Quality control is essential in manufacturing."