Business Vocabulary (Intermediate to Advanced – Top 300+ Terms)/
Advanced Unit 1

Advanced Unit 1

Total: 50 words

recession

noun

a temporary depression or decline in economic activity or prosperity

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depression

noun

period when excess aggregate supply overwhelms aggregate demand, resulting in falling prices, unemployment problems, and economic contraction

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regulation

noun

a principle, rule, or law designed to control or govern conduct

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intellectual property

noun

the set of intangible assets owned and legally protected by a company from outside use or implementation without consent

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valuation

noun

the act of estimating or setting the value of something; appraisal

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encryption

noun

the act or process of encrypting something; a conversion of something (such as data) into a code or cipher

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bond

noun

a security representing the debt of the company or government issuing it

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price war

noun

a period of intense competition among businesses in which each competitor tries to cut retail prices below those of the others

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close the deal / strike a deal / secure the deal

idiom

to reach an agreement

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think outside the box

idiom

to explore ideas that are creative and unusual and that are not limited or controlled by rules or tradition

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implementation

noun

the process of putting something into effect

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whereas

conjunction

compared with the fact that; while on the contrary

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financial management

noun

the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization

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localization

noun

the process of organizing a business or industry so that its main activities happen in local areas rather than nationally or internationally

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purchasing power

noun

the amount of money that a person or group has available to spend; the value of money thought of as how much it can buy

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cyclical

adjective

of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements

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people skills

noun

the ability to work with or talk to other people in an effective and friendly way

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joint venture

noun

a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task

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talent pool

noun

the suitable, skilled people who are available to be chosen to do a particular type of job

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customer retention

noun

the fact of keeping a customer for a period of time

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scalable

adjective

capable of being scaled; capable of being easily expanded or upgraded on demand

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arbitrator

noun

a person chosen to decide a dispute or settle differences, especially one formally empowered to examine the facts and decide the issue

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competitive advantage

noun

what makes an entity's products or services more desirable to customers than that of any other rival

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brick-and-mortar

adjective

located or serving consumers in a physical facility as distinct from providing remote, especially online, services

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ROI (Return on Investment)

noun

performance measure used to evaluate the efficiency of an investment or compare the efficiency of a number of different investments

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oust

verb

to force someone out of a position, job, or place

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VC (Venture Capital, Venture Capitalist)

noun

an investor who provides capital to firms that exhibit high growth potential in exchange for an equity stake

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memorandum of understanding (MOU)

noun

a legal document that describes the general principles of an agreement between parties, but does not amount to a substantive contract

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volatility

noun

a statistical measure of the dispersion of returns for a given security or market index

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buyout

noun

an act or instance of buying out a company or its employees

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mission statement

noun

something that states the purpose or goal of a business or organization

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opportunity cost

noun

the opportunities foregone in undertaking one activity measured in terms of the other possibilities that might have been pursued using the same expenditure of resources

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consensus

noun

majority of opinion; agreement

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bottom line

noun

the line at the bottom of a financial report that shows the net profit or loss

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line of credit

noun

(also 'credit line') an amount of money a person or company is allowed to borrow during a particular period of time from one or more financial organizations

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groupthink

noun

a phenomenon that occurs when a group of individuals reaches a consensus without critical reasoning or evaluation of the consequences or alternatives

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blue chip

noun

a stock that sells at a high price because of public confidence in its long record of steady earnings.

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remuneration

noun

payment or compensation received for services or employment

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diversification

noun

the act or practice of spreading investments among a variety of securities or classes of securities; the act or policy of increasing the variety of a company's products

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speculate

verb

to buy goods, property, shares in a company, etc., hoping that you will make a large profit when you sell them

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leverage

noun

an investment strategy of using borrowed money—specifically, the use of various financial instruments or borrowed capital—to increase the potential return of an investment

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oligopoly

noun

a market situation in which each of a few producers affects but does not control the market

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deregulation

noun

the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry

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conglomerate

noun

a corporation made up of a number of different, seemingly unrelated businesses

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stake

noun

a commercial, personal, or emotional investment, interest, or involvement; specifically an interest in an enterprise, especially a financial share

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liquidate

verb

to convert assets into cash or cash equivalents by selling them on the open market

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bottleneck

noun

point of congestion in a production system (such as an assembly line or a computer network) that occurs when workloads arrive too quickly for the production process to handle

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market capitalization

noun

the total dollar market value of a company's outstanding shares of stock

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procurement

noun

the act of obtaining equipment, materials, or supplies

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decentralize

verb

to transfer or diffuse economic decision-making to many different decision-makers rather than concentrate such decision-making centrally

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