Business and Management Vocabulary
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Questions and Answers

The company had to ____________________ several employees due to financial difficulties.

lay off

The new policy will ____________________ a significant impact on the community.

influence

The hotel room was ____________________ and we couldn't get a refund.

non-refundable

The charity organization is known for its ____________________ work in supporting homeless people.

<p>charitable</p> Signup and view all the answers

The management has to ____________________ the leak in the building before it causes further damage.

<p>fix</p> Signup and view all the answers

Study Notes

Vocabulary

  • Interest: a feeling of curiosity or concern about something
  • Attend: to be present at an event or meeting
  • Participate: to take part in an activity or event
  • Estimate: to make an intelligent guess about something
  • Flexible: able to change or adapt easily
  • Fee: a payment made for a service
  • Admission fee: a payment made to enter a place or event
  • Late fee: an additional payment made for delayed payment
  • Waive: to give up or surrender something
  • Sold out: when all tickets or items are sold
  • Unavailable: not able to be obtained or used
  • Refundable: able to be returned or refunded
  • Refund: to give back money
  • Issue a refund: to officially return money
  • Hire: to employ someone for a job
  • Employ: to give someone a job
  • Recruit: to find and persuade someone to work for an organization
  • Electronically: using computers or other electronic devices
  • Payment: the act of paying money
  • Payable: required to be paid
  • Influence: the power to affect someone or something
  • Influential: having the power to affect someone or something
  • Charity: an organization that helps people in need
  • Charitable: showing kindness and generosity to those in need
  • A couple of: two or a small number of something
  • Property: something that belongs to someone or something
  • Leak: when a liquid or gas escapes from a container
  • Leaky: having holes or gaps that allow something to escape
  • Management: the process of controlling and organizing something
  • Manage: to control and organize something
  • Apply: to make a formal request for something
  • Application: a formal request for something
  • Applicant: someone who makes a formal request
  • Last-minute: done or arranged quickly before a deadline
  • Collection: a group of things gathered together
  • Collective: shared or done by a group of people
  • Maintenance: the process of keeping something in good condition
  • Originally: how something was at the beginning
  • Originate: to begin or start something
  • Progress: to move forward or improve
  • Progressive: continuing to improve or develop
  • Fascinating: very interesting or attractive
  • Cancel: to stop or abandon something
  • Lack: to be without something
  • Luncheon: a meal eaten in the middle of the day
  • Later: at a future time
  • Edition: a version of a book or publication
  • Editorial: a newspaper or magazine article that expresses an opinion
  • Missing: not present or accounted for
  • Select: to choose someone or something
  • Deposit: a payment made before a transaction is complete
  • Layout: the arrangement of something in a particular way
  • Terrific: very good or excellent
  • Lay off: to stop employing someone
  • Fire: to dismiss someone from their job
  • Dismiss: to officially remove someone from their job
  • Discharge: to officially remove someone from their job
  • Detail: a small part of something
  • Calculate: to make a calculation or estimate
  • Mix-up: a confusing or unclear situation
  • Advertisement: a message or announcement about a product or service
  • Ad: short for advertisement

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Test your knowledge of essential business and management vocabulary, including terms related to finance, employment, and more.

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