Business English Vocabulary: Words and Terms You Need to Know

Business English! Learn useful vocabulary, words, and terms to use in the workplace.

Business English

Important Business Terms

• Hourly

Happening every hour.

• Quarterly

Done or produced four times a year.

• Monthly

Happening once a month.

• Weekly

Happening every week.

• Annual

Happening once a year.

• Biannual

Happening twice a year.

“Money & Finance” Vocabulary

• Banknote

Piece of paper money

• Budget

Amount of money available or needed for a specific use

• Cashier

A person dealing with cash transactions in a bank, shop, etc.

• Loan

An amount of money that a person, business or country can borrow, especially from a bank

• Pretty Cash

Small amount of cash available for everyday expense

• Currency

The money used in a country

• Lend

Give or allow the use of money, which must be returned, usually with interest.

• Borrow

Obtain money which must be returned.

Business Abbreviations & Acronyms

• VAT  – Value Added Tax
• a/c – account
• GMT – Greenwich mean tim
• attn. – for the attention of
• e.g. – For example
• Ltd – Limited
• VIP – Very Important Person
• GDP – Gross Domestic Product
• CC  – copy to
• ASAP – As Soon As Possible

• CEO – Chief Executive Officer
• PA – Personal Assistant
• PRO – Public Relations Officer
• CIO – Chief Information Officer
• Director R&D – Director of Research and Development
• HRM – Human Resources Manager

“Employment & Jobs” Vocabulary

• Assessment

Evaluation of one’s abilities

• Resign

Leave a Job voluntarily

• Employee

Person who works for a firm or a company

• Fire

To dismiss from a Job

• Maternity Leave

Period of absence for a female employee when having a baby

• Hire

Employ or take on personnel in a company

• Make redundant

Dismiss for economic reasons

• Employers

Person or firm who employs people

• Employee

Someone who is paid to work for someone else

• Worker

Someone who does jobs, especially low ranking job.

• Co-worker

Someone who works with you and has a similar position.

• Home worker

Someone who does their job in their home.

• Part-time

Someone who has a part-time job, works for only parts of each day or week

• Colleague

Someone who works with you, used especially by professional people