Business Vocabulary (Intermediate to Advanced – Top 300+ Terms)/
Upper Intermediate Unit 3

Upper Intermediate Unit 3

Total: 50 words

interpersonal

adjective

of or relating to the interactions between individuals

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solicit

verb

to earnestly or pleadingly ask for something that will help or aid one's needs

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rebate

noun

an amount of money refunded to someone who has paid too much for tax, rent, or utility bills

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compensate

verb

to replace or balance the effect of something, especially something bad

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comparable

adjective

similar; worthy of comparison

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integrate

verb

to combine things so that they work together or become a whole

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hierarchy

noun

the classification of a group of people according to ability or to economic, social, or professional standing

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cite

verb

to mention something as a reason or an example, or in order to support what you are saying

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business cycle

noun

a cycle of economic activity typically characterized by recession, recovery, growth, and decline

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affirm

verb

​to declare that something is true or that you support something strongly

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allege

verb

to accuse someone of doing something illegal or wrong, often with no proof

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credit history

noun

a record of a consumer's ability to repay debts and demonstrated responsibility in repaying debts

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evacuate

verb

to leave or cause people to leave a place, usually because of present or potential danger

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product development

noun

the process of creating or improving a product or service and managing it during all stages from design through marketing

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year-over-year

adjective

a method of evaluating two or more measured events to compare the results at one period with those of a comparable period on an annualized basis

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outstanding

adjective

not yet paid, done, solved, etc.

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niche

noun

a place, employment, status, or activity for which a person or thing is best fitted

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liable

adjective

legally obligated or responsible for something

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financial statement

noun

a report provided by a company for its shareholders and investors that shows details of its financial situation, and includes documents such as the profit and loss account and balance sheet

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advocate

noun

(followed by 'of' or 'for') a person or group that supports someone or something publicly

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emulate

verb

to try to equal or excel; imitate with effort to equal or surpass

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forge

verb

to fashion or reproduce for fraudulent purposes; counterfeit

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income statement

noun

a financial statement that gives operating results for a specific period

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bear market

noun

when a market experiences prolonged price declines

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bull market

noun

a period of time in financial markets when the price of an asset or security rises continuously

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profound

adjective

very great or intense

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facilitate

verb

to make easier or less difficult; help forward

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disclose

verb

to reveal or share information

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market analysis

noun

a phase of marketing research conducted to determine the characteristics and extent of a market

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signify

verb

to be a sign or symbol of something

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appraisal

noun

a valuation of property by the estimate of an authorized person

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privatization

noun

the transfer from public or government control or ownership to private enterprise

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market leader / industry leader

noun

a company that is considered the most effective in its industry, for example, because it sells more products, makes more profit, or has a better known brand than its competitors

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acquisition

noun

when one company purchases most or all of another company's shares to gain control of that company

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advocate

verb

to support publicly

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investment fund

noun

a supply of capital belonging to numerous investors used to collectively purchase securities while each investor retains ownership and control of his own shares

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out of the question

phrase

not possible or allowed

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elaborate

adjective

very complicated and detailed; carefully prepared and organized

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entitle

verb

to give a person the official right to have or do something

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expense account

noun

an arrangement under which the money spent by an employee for business purposes is reimbursed by the employer

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devise

verb

to plan or invent something carefully

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swamp

verb

to overwhelm someone, especially with tasks or projects

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controversial

adjective

highly talked about or likely to raise public disagreement

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convincing

adjective

capable of causing someone to believe that something is true or real

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profit margin

noun

the difference between the cost of buying or producing something and its selling price

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turnover

noun

the rate at which employees leave a place, such as a company or an organization, and are replaced by new people

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utilize

verb

to make use of something in a practical or effective way

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infer

verb

to conclude based on evidence or known facts

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courtesy

noun

polite behavior; can also refer to polite or courteous act or expression

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deregulate

verb

to remove or reduce government control over an industry, commodity, business, etc.

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