Business English is the language used in professional and workplace settings, and it covers all aspects of communications such as emails, meetings, reports, and presentations. For those who wish to communicate efficiently in a corporate environment, advance their career, or work with international teams, learning Business English is a must. Clarity, confidence, and professionalism are enhanced by speaking and writing with it. In this blog post, we’ll cover the most frequently used English words in business life, give example sentences to show how they’re used in context, and explain some of the most common business acronyms you need to know.
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Most Frequently Used English Words in Business Life
Here are the most frequently used words in business.
Word | Meaning |
---|---|
Acquisition | The act of acquiring or gaining control of a company or asset. |
Advertising | The activity of promoting products or services through various media to attract customers. |
Agenda | A list of items to be discussed or acted upon in a meeting. |
B2B (Business-to-Business) | A transaction or business conducted between one business and another. |
B2C (Business-to-Consumer) | A transaction where businesses sell directly to individual consumers. |
Bankruptcy | A legal state where a company or person cannot repay outstanding debts. |
Budget | An estimate of income and expenditure for a set period of time. |
Business model | A company’s plan for generating revenue and making a profit. |
Collaboration | Working together with others to achieve a common goal. |
Competitor | A company or person that offers similar products or services and competes for the same customers. |
Contract | A legally binding agreement between two or more parties. |
Corporate | A legally binding agreement between two or more parties. |
Customer service | The support offered to customers before, during, and after a purchase. |
Deadline | The latest time or date by which something must be completed. |
E-commerce | The buying and selling of goods or services over the internet. |
Entrepreneur | A person who starts and runs a business, taking on financial risks. |
Estimate | An approximate calculation or judgment of value, number, quantity, or extent. |
Expand | To grow or increase in size, scope, or number. |
HR (Human Resources) | The department responsible for hiring, training, and managing employees. |
Innovate | To introduce new ideas, methods, or products. |
Invest | To allocate money or resources with the expectation of generating a profit. |
Invoice | A document listing goods or services provided and requesting payment. |
Market share | The percentage of an industry’s sales that a particular company controls. |
Negotiation | The process of discussing terms to reach a mutual agreement. |
Networking | Building professional relationships for business or career growth. |
Outsource | To contract out certain business tasks to a third party. |
Partnership | A business relationship where two or more parties collaborate for mutual benefit. |
Product launch | The introduction of a new product to the market. |
Profit | The financial gain after all expenses are deducted from revenue. |
Recruitment | The process of finding and hiring new employees. |
Revenue | The total income generated from business operations. |
Shareholder | A person or entity that owns shares in a company. |
Stakeholder | Any person or group affected by or involved in a company’s operations. |
Strategic planning | The process of defining a company's strategy and making decisions on allocating resources. |
Risk management | The process of identifying and minimizing potential business risks. |
Benchmark | A standard or point of reference against which things may be compared or assessed. |
Break-even point | The point at which total revenue equals total costs, resulting in no profit or loss. |
Cash flow | The total amount of money being transferred into and out of a business. |
Core competency | A unique strength or advantage that distinguishes a company from its competitors. |
Due diligence | A comprehensive appraisal of a business or individual before signing a contract. |
Economies of scale | Cost advantages gained by increasing the scale of production. |
Franchise | A business that operates under the name and system of an established company. |
Gross margin | The difference between revenue and the cost of goods sold, expressed as a percentage. |
KPI (Key Performance Indicator) | A measurable value that shows how effectively a company is achieving key objectives. |
Liability | A company's legal debts or obligations. |
Merger | The combination of two or more companies into a single entity. |
Pitch | A brief presentation or speech used to promote a product, service, or idea. |
Retention | The ability of a company to keep its customers or employees over time. |
Scalability | The capability of a business to grow and manage increased demand. |
Value proposition | The unique value a company promises to deliver to customers. |
Example Sentences Related to Most Frequently Used Words in Business English
To demonstrate the use of business English words in context, here are some examples sentences.
1-The tech giant completed the acquisition of a smaller startup to expand its product range.
2-The company increased its advertising budget to boost brand awareness.
3-Let’s go through the agenda before starting the meeting.
4-Our company specializes in B2B software solutions for logistics firms.
5-The fashion brand recently shifted from B2B to a B2C sales model.
6-The retail chain filed for bankruptcy after years of declining sales.
7-We need to finalize the marketing budget for the next quarter.
8-Their business model is based on a subscription service.
9-The project’s success was due to great collaboration between departments.
10-We need to analyze our main competitor’s pricing strategy.
11-We signed a two-year contract with the new supplier.
12-The corporate headquarters is located in New York City.
13-Good customer service is key to building brand loyalty.
14-We’re working hard to meet the project deadline.
15-E-commerce sales increased significantly during the holiday season.
16-The young entrepreneur launched a successful app within six months.
17-The contractor gave us an estimate for the renovation costs.
18-The company plans to expand into the Asian market next year.
19-HR will handle all aspects of the recruitment process.
20-Companies must innovate constantly to stay competitive.
21-We decided to invest in renewable energy startups.
22-Please send the invoice by the end of the week.
23-The brand increased its market share after launching a new product line.
24-Salary negotiation is an important part of the hiring process.
25-Networking events are great opportunities to meet industry leaders.
26-The company decided to outsource its IT support.
27-The startup formed a partnership with a major distributor.
28-The product launch was accompanied by a large media campaign.
29-The company reported a record profit this quarter.
30-Recruitment efforts are focused on attracting skilled developers.
31-Our annual revenue exceeded expectations.
32-Shareholders will vote on the proposed merger next month.
33-All stakeholders must be informed of the policy change.
34-Strategic planning helps guide long-term growth.
35-Effective risk management prevents major financial losses.
36-We need to benchmark our customer service against industry leaders to identify areas for improvement.
37-The company reached its break-even point after six months of operations.
38-Poor cash flow management can lead to serious financial problems.
39-Innovation is our core competency in a highly competitive market.
40-Before acquiring the startup, the investors conducted thorough due diligence.
41-Large companies benefit from economies of scale, reducing costs significantly
42-Opening a franchise is a popular option for entrepreneurs seeking lower risk.
43-The company’s gross margin increased by 5% after the price adjustment.
44-Customer satisfaction is one of our main KPIs.
45-The company has reduced its liabilities by restructuring its loans.
46-The merger between the two tech firms created a new market leader.
47-The startup made an impressive pitch to attract investors.
48-Employee retention is crucial for long-term organizational success.
49-We are focusing on building scalable solutions for global markets.
50-Our value proposition is offering high-quality products at affordable prices.
Common Business Acronyms You Need to Know
BID | break it down |
CEO | chief executive officer |
CFO | chief financial officer |
CMO | chief marketing officer |
CRM | customer relationship management |
NWR | non-work-related |
PM | project manager |
PR | public relations |
PTO | paid time off |
VPN | virtual private network |
IAM | in a meeting |
PTE | part-time employee |
OOO | out of office |
OTP | on the phone |
TOS | terms of service |
OS | operating system |
QA | quality assurance |
MTD | month to date |
YTD | year to date |
ETA | estimated time of arrival |
Frequently Asked Questions About Business English Word List
Why should I use a Business English Word List?
Using a Business English Word List can assist you in comprehending and using professional vocabulary in the workplace. Using it enhances your communication in emails, meetings, and presentations. A strong vocabulary also boosts your confidence in business settings.
Can I use this word list for job interviews?
A Business English Word List is highly beneficial for job interviews. It enables you to describe your skills and experience in a clear and professional manner. Using the right terms can make a strong impression on employers.
Can I learn Business English just by watching videos or listening to podcasts?
Watching business videos and listening to podcasts can lead to a lot of learning. Their approach is to teach vocabulary in real-life contexts and enhance your listening skills. To fully develop your skills, you also need to practice speaking and writing.
Are Business English Word Lists used on language exams like TOEIC or IELTS?
Exams like TOEIC and sometimes IELTS frequently ask for Business English vocabulary. Workplace communication tasks, such as emails, meetings, and reports, are included in these tests. Having knowledge of business terms can increase your score on these exams.
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