Business and Office

an administrative unit or organization within a government or larger institution

The Environmental Protection Agency enforces regulations on pollution.

a company or group of people that are considered as a single unit by law

The corporation expanded its operations into international markets last year.

a flat and hard tool made of wood, plastic, paper, etc. that is designed for specific purposes

The teacher wrote the day's lesson on the board at the front of the classroom.

someone, especially a man, who is appointed to be in charge of meetings

As chairman of the committee, he guided the group through a difficult decision.

a person who starts a business, especially one who takes financial risks

As an entrepreneur, she started her own tech company with just a small investment.

someone whose job is to keep records and do the routine tasks in an office, shop, etc.

The clerk processed the customer’s return and issued a refund.

a document ordering the bank to pay a specific amount of money to someone

The seller issued a draft to the buyer, ensuring that the payment would be made upon delivery of the goods.

the money that is regularly earned from a job or through an investment

His primary source of income is his salary from the tech company where he works.

the arrangement with an institute or agency according to which they guarantee to make up for the damages in the event of an accident or loss

He decided to purchase car insurance to protect himself against potential accidents.

the act of gathering information about what people need or buy the most and why

Before launching the new product, the company conducted extensive market research to understand consumer preferences and trends.

an official agreement between two or more sides that states what each of them has to do

They signed a contract to buy the house, outlining the terms of the sale.

to create a company or organization with the intention of running it over the long term

After years of planning, they finally established their own tech startup in Silicon Valley.

to search and discover something or someone that we have lost or do not know the location of

Did you find the remote control for the television?

to supply money for a special purpose

The government funds educational programs to support student learning.

to produce products in large quantities by using machinery

The company manufactures electronic devices, such as smartphones and tablets.

to start an organized activity or operation

They plan to launch a marketing campaign to promote the event.

a large boat, used for carrying passengers or goods across the sea

The captain navigated the ship through rough waters with skill and expertise.

to cover the costs of a project, TV or radio program, activity, etc., often in exchange for advertising

The company sponsored the local sports team, contributing to their uniforms and equipment.

an organized plan made to achieve a goal

Their marketing strategy increased sales last year.

a formal arrangement where two or more individuals, organizations, etc. come together as partners to achieve a goal, typically in business

The new venture was formed through a strategic partnership between two leading companies in the industry.

the difference between the earnings and the costs in a business

The company's profit margin increased significantly after implementing cost-saving measures and streamlining operations.

an individual, institution, etc. that owns shares or stocks in a corporation

As a diligent stockholder, she regularly attends shareholder meetings to stay informed about the company's performance and future plans.

an organization formed by workers, especially in a particular industry, to protect their rights and improve their working conditions

The union negotiated a new collective bargaining agreement that secured higher wages and improved benefits for its members.

the illegal acts done to pay less tax than what is owed or to avoid paying taxes altogether

The wealthy businessman was convicted of tax evasion after it was discovered that he had hidden millions of dollars in offshore accounts.

the act of transporting goods

Our international shipment was subject to customs inspection, resulting in a slight delay in delivery.

a very large sum of money

He inherited a fortune from his grandparents and became one of the wealthiest individuals in the country.

an amount of money not spent

Growing your own vegetables can lead to a saving in grocery expenses during the harvest season.

having a large amount of money or valuable possessions

The wealthy businessman owned several luxury cars and houses.

to have a decrease in price, temperature, etc.

The prices of the new smartphones have finally come down, making them more affordable for consumers.

to remain alive

The old woman lived on for many years after her husband passed away.

(of a plan or action) to succeed and have good results

All those hours of studying really paid off during the exam.

to keep or save money, time, etc. for a specific purpose

She decided to set some money aside for her vacation.

to ignore or dismiss something, refusing to consider or give attention to it

It's unfair to discount the opinions of certain team members during decision-making.

the money that is paid to a professional or an organization for their services

The lawyer's fee for handling the case was quite high.

to give someone something, like money, expecting them to give it back after a while

She agreed to lend her friend some money until the next payday.

a student who has one more year to graduate from a university or high school

In college, seniors have the opportunity to complete a senior thesis.

a student who is in the year before the last year of college or high school

As juniors, they are preparing for standardized tests and college entrance exams.

to use one's voice to express a particular feeling or thought

He spoke about his experiences during the meeting.

the highest-ranking person in a company

The CEO announced a new strategy for the company.