Business Life
clause noun
a section or part of a legal document or contract
a clause (bxa403)
Did you read the cancellation clause before signing it?
commercial noun
a short film or video made to sell a product or service
a commercial (bxa404)
Their new online commercial went viral in two days.
commercial adjective
relating to business and making money
commercial (bxa405)
They opened a new commercial office in Berlin.
competitive adjective
able to be as good as or better than others in business
competitive (bxa406)
It’s hard to stay competitive with rising material costs.
competitor noun
a person or company trying to be more successful than you
a competitor (bxa407)
That firm is our biggest competitor in the region.
consumer noun
a person who buys goods or services
a consumer (bxa408)
Many consumers now prefer eco-friendly packaging and delivery.
contact noun
a person you know who can help you in business
a contact (bxa409)
She has good business contacts in the fashion industry.
deal noun
an agreement between two sides, especially in business
a deal (bxa410)
Can your department negotiate a better deal?
economic adjective
relating to money, trade, and the way a country manages them
economic (bxa411)
The country is facing serious economic problems this year.
economy noun
the system of trade and money in a country or area
an economy (bxa412)
Tourism plays a big part in the local economy.
export noun
a product sold and sent to another country; plural of export
an export (bxa413)
What are the main exports of this region?
export verb
to sell and send products to another country
to export (bxa414)
We plan to export more products next quarter.
financial adjective
relating to money and how it is managed
financial (bxa415)
Their financial report showed strong growth this year.
import noun
a product bought and brought in from another country; plural of import
an import (bxa416)
Our imports include electronics, cars, and textiles.
import verb
to buy and bring in products from another country
to import (bxa417)
That company imports luxury clothing from Italy.
invest verb
to put money into something to make a profit or get a good result
to invest (bxa418)
They want to invest more in staff training.
management noun
the people in charge of running a company or organisation
a management (bxa419)
Management agreed to increase the marketing budget.
market verb
to advertise and try to sell a product or service
to market (bxa420)
How do you market your products to young people?
policy noun
an official rule or plan agreed by a company or government
a policy (bxa421)
They have a strict policy about late deliveries.
production noun
the process of making goods in large amounts
a production (bxa422)
We need faster production to meet customer demand.
profit noun
the money you make by selling something for more than it cost
a profit (bxa423)
Our profits increased after we launched the new product.
promote verb
to advertise or help people know about a product or event
to promote (bxa424)
How do you promote your brand internationally?
resource noun
something useful that is available to help you do something
a resource (bxa425)
What resources do we need for the next campaign?
standard adjective
normal, usual, and expected
standard (bxa426)
Is this the standard procedure for new employees?
standard noun
a level of quality that is considered acceptable or good
a standard (bxa427)
Quality standards must be followed at all stages.
supply noun
an amount of something that is available to use or buy
a supply (bxa428)
We need a better supply of fresh vegetables.
supply verb
to provide something that is needed or wanted
to supply (bxa429)
Can you supply more items by Friday afternoon?
trade noun
the activity of buying and selling goods between countries
a trade (bxa430)
Trade between Europe and Asia has increased recently.
trade verb
to buy and sell goods, especially between countries
to trade (bxa431)
Do you trade with companies in South America?
transport verb
to move goods or people from one place to another
to transport (bxa432)
The company transports goods to retailers in three countries.