Words to Remember - Business English PDF

**[Words to remember / Business English for Beginners / Winter 2024]** 1. **Stay on budget** -- To avoid spending more money than allocated. 2. **Kick off** -- To begin or start something, especially a project or event. 3. **Think outside the box** -- To approach a problem creatively or...

**[Words to remember / Business English for Beginners / Winter 2024]** 1. **Stay on budget** -- To avoid spending more money than allocated. 2. **Kick off** -- To begin or start something, especially a project or event. 3. **Think outside the box** -- To approach a problem creatively or unconventionally. 4. **To be ahead of the curve** -- To be more advanced or successful than others in the same field. 5. **To get in on the ground floor** -- To become involved in something at its early stages. 6. **White collar vs. Blue collar** -- White-collar refers to office or professional jobs, while blue-collar refers to manual labor or industrial work. 7. **To play hardball** -- To act aggressively or ruthlessly to achieve a goal. 8. **To play by the book** -- To strictly follow rules, guidelines, or established procedures. 9. **To corner the market** -- To dominate or control a particular market or industry. 10. **"Yes" man** -- Someone who always agrees with their boss or authority figures to avoid conflict or gain favor. 11. **To touch base** -- To briefly check in or communicate with someone. 12. **Red tape** -- Excessive bureaucracy or rules that slow down processes. 13. **To sign off on something** -- To formally approve something. 14. **To call it a day** -- To stop working for the rest of the day. 15. **Playing catch up** -- To try to reach the same level as others after falling behind. 16. **Word of mouth** -- Information spread through personal recommendations rather than advertisements. 17. **Mission statement** -- A formal summary of an organization\'s goals and values. 18. **Downsizing** -- Reducing the number of employees or operations in a company to save costs. 19. **A ballpark figure** -- An approximate estimate or rough calculation. 20. **To Whom It May Concern** -- A formal salutation used when addressing someone unknown in letters. 21. **FYI** -- \"For Your Information,\" often used in emails to share details. 22. **ASAP** -- \"As Soon As Possible,\" indicating urgency. 23. **CC'ing someone** -- Sending a copy of an email to someone for their information. 24. **BCC** -- \"Blind Carbon Copy,\" sending an email to someone without other recipients knowing. 25. **Team building** -- Activities or efforts aimed at improving teamwork and relationships among a group. 26. **Start from scratch** -- To begin something completely from the beginning. 27. **Set deadlines vs. Meet deadlines** -- To establish a due date for a task vs. completing it on time. 28. **Get / have one's foot in the door** -- To gain a first opportunity or entry into an organization or industry. 29. **My hands are tied** -- Being unable to act or make decisions due to restrictions or limitations. 30. **To be ahead of schedule vs. To be behind schedule** -- Completing tasks earlier than planned vs. being late. 31. **9 to 5** -- A standard full-time work schedule, typically 9 a.m. to 5 p.m. 32. **Elevator pitch** -- A brief, persuasive speech summarizing an idea or proposal. 33. **To look at the big picture** -- To focus on the overall perspective rather than small details. 34. **Staff shakeup** -- Significant changes in personnel or organizational roles. 35. **To be on the same page** -- To share a common understanding or agreement. 36. **From the ground up** -- Building or creating something starting from the very beginning. 37. **To drop the ball** -- To make a mistake or fail to fulfill a responsibility. 38. **To be in the black vs. To be in the red** -- To be profitable vs. operating at a loss. 39. **Outsourcing** -- Hiring external companies or individuals to perform tasks instead of doing them in-house. 40. **Target demographic / End user** -- The specific audience or group a product/service is aimed at or intended for. 41. **ROI** -- \"Return on Investment,\" a measure of profitability or benefit gained from an investment. 1. **Financial Statements** -- Documents that provide an overview of a company\'s financial performance and position, such as income statements, balance sheets, and cash flow statements. 2. **Assets** -- Resources owned by a company that have economic value, such as cash, inventory, and property. 3. **Liabilities** -- Obligations or debts a company owes to others, such as loans, accounts payable, or mortgages. 4. **Shareholders** -- Individuals or entities that own shares in a company and are partial owners. 5. **Revenue** -- The total income generated from the sale of goods or services before expenses are deducted. 6. **Expenses** -- The costs incurred by a business in the process of earning revenue, such as salaries, rent, and utilities. 7. **Profit** -- The financial gain remaining after all expenses have been deducted from revenue. 8. **Depreciation** -- The reduction in the value of an asset over time due to wear and tear or obsolescence. 9. **Liquidity** -- The ability of a company to meet its short-term financial obligations using its available assets. 10. **\"Write-Off\"** -- Reducing the value of an asset or expense on financial records, often because it is no longer recoverable. 11. **Capital Expenditure** -- Money spent by a business on acquiring or maintaining fixed assets, such as buildings or equipment. 12. **Turnover** -- The total sales or revenue generated by a company in a specific period, or the rate at which inventory or employees are replaced. 13. **\"Close\"** -- The process of finalizing financial transactions and statements at the end of an accounting period. 14. **Auditors** -- Independent professionals who review and verify the accuracy of a company\'s financial records. 15. **Dividend** -- A portion of a company\'s profits distributed to shareholders as a return on their investment. 16. **C-Suite** -- The group of top executives in a company whose titles often begin with \"Chief,\" such as CEO (Chief Executive Officer), CFO (Chief Financial Officer), and COO (Chief Operating Officer). 17. **IPO** -- \"Initial Public Offering,\" the process by which a private company offers its shares to the public for the first time. 18. **Compliance** -- Adhering to laws, regulations, standards, or ethical practices in business operations. 19. **Benchmark** -- A standard or point of reference used for comparison or evaluation of performance or quality. 20. **Bottom-Line** -- The net profit or financial outcome of a company, typically the last line on an income statement. 21. **Key Performance Indicators (KPI)** -- Specific metrics used to measure the success or performance of an organization or project. 22. **Stakeholders** -- Individuals or groups who have an interest in a company, such as employees, shareholders, customers, and suppliers. 23. **Margin** -- The difference between the cost of producing a product or service and its selling price, usually expressed as a percentage. 24. **Diversification** -- A strategy to reduce risk by spreading investments or business activities across different industries, products, or markets. 25. **Triple-Bottom-Line** -- A framework that measures a company\'s success based on three factors: profit, people (social impact), and planet (environmental sustainability). 26. **Overhead** -- Ongoing business expenses that are not directly tied to producing goods or services, such as rent, utilities, and administrative costs. 27. **Deliverable** -- A specific task, product, or service that is completed and delivered as part of a project. 28. **Leverage** -- Using borrowed capital or financial tools to increase potential returns on an investment. 29. **Pivot** -- A significant change in business strategy or direction to adapt to market conditions or challenges. 30. **Bandwidth** -- The capacity or ability of a person, team, or organization to handle tasks or responsibilities. 31. **\"Circle Back\"** -- To revisit a topic, issue, or conversation at a later time. 32. **Scale** -- The ability to grow or expand a business efficiently while maintaining or improving performance. 33. **EBITDA** -- \"Earnings Before Interest, Taxes, Depreciation, and Amortization,\" a measure of a company\'s profitability excluding certain financial costs.