Business English refers to the English language skills used in the business world. This includes language used in business communication, such as email, presentations, and meetings, as well as language used for business writing, such as reports and business documents. Business English may also include language used in specific industries, such as finance, marketing, or international trade.
Business English is an important field for ESL learners. Learning business vocabulary can help you to improve your English vocabulary bank. Here is a list of some common business vocabulary to add to your vocabulary.
Business English
What Is Business English?
Business English is a specialized form of the English language that is used for business communication. It is used in a variety of business contexts, including meetings, presentations, negotiations, and correspondence. Business English typically includes a specific vocabulary, as well as certain conventions for communication, such as the use of formal titles and language that is more formal and formal than in everyday English. It is important for people who use Business English to be able to communicate clearly and effectively, as this can have a significant impact on their ability to succeed in the business world.
Why You Should Learn Business English?
There are several reasons why you may want to consider learning Business English:
- Improved communication skills: Being proficient in Business English can help you communicate more effectively and professionally with colleagues and clients, both in person and in writing.
- Enhanced career opportunities: Proficiency in Business English can be beneficial for professionals in a variety of industries, as it is often the language of choice for business communication worldwide.
- Greater ability to do business internationally: If you want to do business internationally, being proficient in Business English can give you an advantage when communicating with clients and partners in other countries.
- Increased confidence: Knowing how to speak and write in Business English can give you confidence in professional settings and help you feel more comfortable in business situations.
- Enhanced cultural understanding: Learning Business English can also give you insights into different business cultures and help you better understand how business is conducted in other countries.
Business Vocabulary
List of Business Vocabulary
Here is a list of some common business vocabulary terms in English.
- Advantage
- Advertisement
- Agenda
- Authorization
- Bill
- Brand
- Budget
- Commission
- Confirmation
- Costs
- Customer
- Debt
- Decrease
- Deficit
- Delivery
- Disadvantage
- Distribution
- Employee
- Employer
- Equipment
- Estimate
- Experience
- Facilities
- Feedback
- Goal
- Growth
- Guarantee
- Improvement
- Increase
- Industry
- Interest
- Inventory
- Invoice
- Market
- Offer
- Order
- Output
- Payment
- Mogul
- Penalty
- Product
- Profit
- Promotion
- Purchase
- Refund
- Report
- Result
- Rise
- Risk
- Interview
- Full-time
- Salary
- Stock
- Supply
- Support
- Trademark
- Launch
- Consumer
- Wholesaler
- Overtime
- Lucrative
- Commodity
- Unsocial hours
- Public holidays
- Inflation
- Strike
- Recruit
- Merger
- Pay
- Remuneration
- Make redundant
- Wage
- Earning
- Biannual
- Billboard
- Scarcity
- Annual
- Quarterly
- Sick leave
- Hourly
- Retire
- Application
- Trainee
- Monthly
- Weekly
- Banknote
- Cashier
- Loan
- Currency
- Co-worker
- Lend
- Borrow
- Resign
- Dismiss
- Fire
- Hire
- Worker
- Maternity leave
- Part-time
- Petty cash
Common Business Vocabulary
- Budget: A financial plan for a company or project that outlines projected costs and revenues.
- Capital: Money or assets that are used to start or fund a business.
- Competitor: A company or organization that offers similar products or services as another company and is in competition with it.
- Customer: A person or organization that purchases goods or services from a business.
- Deadline: A date or time by which something must be completed.
- Earnings: The amount of money a company or individual makes, usually over a specific period of time.
- Growth: An increase in size, amount, or number.
- Investment: The act of putting money into a business or project with the expectation of making a profit.
- Market: A place or channel through which goods or services are sold.
- Profit: The amount of money a company or individual makes after all expenses have been paid.
- Sale: The exchange of goods or services for money.
- Stock: A share of ownership in a company.
- Strategy: A plan or course of action designed to achieve a goal.
- Supply: The amount of goods or materials that are available for sale or use.
- Trade: The exchange of goods or services for other goods or services, or for money.
Business English in Various Contexts
Emails
Emails are an essential part of communication in the business world. Writing clear and concise emails is crucial for effective communication. When writing emails, it is important to keep the following points in mind:
- Use a clear and concise subject line
- Keep the email brief and to the point
- Use a professional tone and avoid using slang or informal language
- Use bullet points or numbered lists to make the email easier to read
- Use proper punctuation and grammar
Presentations
Presentations are an important part of business communication. Whether it is a sales pitch or a company update, a well-designed and well-delivered presentation can make a big impact. Here are some tips for delivering effective presentations:
- Use clear and concise language
- Use visual aids such as charts and graphs to convey information
- Practice your delivery to ensure that you are confident and engaging
- Use appropriate body language to convey your message
- Encourage audience participation by asking questions and soliciting feedback
Meetings
Meetings are a common way for businesses to communicate and make decisions. In order to make meetings productive, it is important to have clear communication. Here are some tips for effective meetings:
- Have a clear agenda and stick to it
- Encourage participation from all attendees
- Use visual aids such as charts and graphs to convey information
- Summarize key points and decisions at the end of the meeting
- Follow up with attendees after the meeting to ensure that action items are completed
Frequently Asked Questions
How can I improve my Business English communication skills?
One of the best ways to improve your Business English communication skills is to practice speaking and writing in English as much as possible. You can also take courses or work with a tutor to receive personalized feedback and guidance. It’s important to focus on specific areas such as grammar, vocabulary, and pronunciation.
What are some common phrases used in Business English?
There are many common phrases used in Business English, including “let’s touch base,” “put a pin in it,” and “think outside the box.” It’s important to learn these phrases and understand their meanings to effectively communicate in a business setting.
What is the importance of Business English in the workplace?
Business English is important in the workplace because it allows individuals to effectively communicate with colleagues, clients, and customers from around the world. It also helps individuals to advance their careers and improve their job prospects. In today’s global economy, strong Business English skills are essential for success.
Last Updated on November 8, 2023
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