Newsmart vocabulary - business english

a document shared with other employees

collaborative document

change something, so that it is more effective or appropriate

adjust

conversation which aim is to make everyone prepared and understood the topic before the meeting (to make a good background knowledge before the meeting)

background communication

to succeed in doing something good, usually by working hard

to achieve

the participants in an activity are the people who take part in it

participants

with the purpose of achieving something (w celu)

in order to do sth

rozwiązać wszystkie kwestie

resolve all the issues

preventing something from being successful or satisfactory

to spoil

to give a rank for the issues, make ones more important and urgent than others

to prioritize

deciding what time to do something

to schedule sth

deciding how much to spend on something

to budget sth

to stop yourself from doing something that you want to do

to resist

a feeling that you want to do or have something, although you know you should not (pokusa)

temptation

to succeed in achieving a deal/decision/agreement

to reach a deal/decision/agreement

a successful country or organization that has a lot of power, energy, or influence

powerhouse

when people or company are discussing something

to be in talks with

a part of a business that you own, or an amount of money that you have invested in a business (większościowy/mniejszościowy udział)

majority/minority stake

something you have planned is going to happen very soon

to be set to do sth

the idea/belief/custom becomes established among a group of people

to take root

something is operating fully and is no longer in its early stages

to be in full swing

to use resource/market/situation or get something from it

to tap a resource / market / situation

to make or change sth according to a customer's or user's particular needs

to customize sth

to call and attract someone’s attention (to call a taxi)

to hail someone (a taxi)

It is another person or thing that has a similar function or position in a different place (odpowiednik)

counterpart

money that a company, organization, or government receives from people (przychód)

revenue

revenue minus the costs and expenses that a company pays to do business (dochód)

profit

special, specific

particular

to have, especially to have something good / OR / to talk about something very proudly, in a way that other people may think is irritating

to boast

an advantage or extra thing, such as money or goods, which come with or you are given for doing your job

perk

the process of asking about or investigating something in order to find out more about it (investigation, question)

inquiry

to have enough money to buy something or enough time to do something or just to do something without causing problems

to can afford to do sth

a group of people who are similar in age, social class, etc., especially considered as a group of consumers

demographic group

something that makes you stop giving your attention to something else

distraction

to increase something’s strength

to stoke something

a quick look at someone or something

glance

the number of people who "turned out" (= went to vote)

turnout

a written agreement between countries

Treaty

to be full of difficult discussions

to be fraught with negotiations

To follow their example (it’s thought other countries may also "follow suit")

to follow suit

to be the boss, to be in charge

to run sth

legally responsible (Corporate officials are ___ for the safety of their employees.)

liable

a legal obligation or responsibility to do something (The owners of a corporation have limited ___.)

liability

to have to pay money back to someone / OR / to have to give something to someone because they deserve it (He ___ about £5000 to the bank. / I think I owe you an apology.)

to owe

the act of breaking up officially an organization or institution, or of formally ending a parliament / OR / the act of officially ending a formal agreement, for example, a marriage or a business arrangement

dissolution

forming of a corporation (I started my business last year, and now I'd like to ___ it.)

incorporate

the process of forming a corporation (The process of ___ of business is rather complicated.)

incorporation

a kind of business that is owned and operated by only one person (A ___ is owned by one person who reports the profits on a personal income-tax return.)

sole proprietorship

the owner of the business, when it is owned by only one person

sole proprietor

an association of two or more people, who agree to work together and share liability (= formal legal responsibility) for their actions.

partnership

when something usually or often happens (The bigger the company, the more complex its structure ___.)

tends to happen

one of the local offices that form part of a large business organization

branch

A company controlled and owned by their parent company

subsidiary

a group of people who officially control a company or organization, or a particular type of business activity (The ___ approved the sales plan.)

board

someone who owns shares in a company, someone who invest a sum of money in a successful, growing company

shareholder

the systems and processes for controlling and managing companies. It’s about the balance between the rights and responsibilities of the various executives, boards, committees, directors, and owners of the company.

corporate governance

to monitor and control something, to make sure it's working properly.

to oversee

you don't notice something, perhaps because you're looking somewhere else

to overlook

the noun from “oversee” and “overlook”. As an uncountable noun (i.e. without "an"), ___ is the process of overseeing something. But as a countable noun (i.e. with "an"), an ___ is a mistake caused by not noticing something (to overlook something).

oversight

events that happen once every year / OR / quantities or rates relate to a period of one year / OR / a book or magazine that is published once a year / OR / a plant that grows and dies within one year

annual

events that happen four times a year, at intervals of three months / OR / a magazine that is published four times a year, at intervals of three months

quarterly

to describe something that is above something else (for example in company hierarchy: management) or to describe higher part of something

upper

someone who is employed by a business at a senior level / OR / committee or board of an organization that has the authority to make decisions and ensures that these decisions are carried out

executive

CEO

Chief Executive Officer

MD (UK version of CEO)

Managing Director

to have control of or be responsible for someone or something (She's ___ a team of 20 people. / Who's ___ organizing the music for the party?)

to be in charge of

to collect something together or to fit the different parts of it together

to assemble

colloquial name for employees who work in industry, doing physical work

blue collar workers

colloquial name for employees who usually work in offices

white collar workers

a place where metal or glass is melted and made into objects/goods (odlewnia)

foundry

a place where raw materials are made into products (a cotton/woollen ___ / a paper/steel ___)

mill

a place where an industrial process takes place

plant

a place where goods are manufactured (fabryka, wytwórnia)

factory

a person whose job is to sell a company's products or services, especially by traveling around and visiting other companies (it is kind of a short name)

rep

necessary, essential or very important

vital

a young bird that is learning to fly. By extension, a company or industry which is a new one with not much experience in a business activity

fledgling business

an organization which does not have many different levels of employees between the top and the bottom

flat organization