D
Damages: an amount of money paid to a person who has suffered an injustice: The Company paid damages to staff who were unfairly dismissed.
Database: an organized set of information stored in a computer: We’re currently updating all our customer files in the database.
Deadline: the date by which something has to be completed: The deadline for applications has been extended until the 25 May.
Dealer: a person who specializes in trading a particular type of goods: The Company only uses authorized dealers who are fully trained.
Debt relief: the cancellation or reduction of a debt: The government is firmly committed to a programmer of debt relief.
Defraud: to cheat another person by taking something that they own: He admitted defrauding his employer of more than £2m.
Delegate: to give responsibility to someone at a lower level in the hierarchy to enable them to take decisions: Managers need to delegate more routine tasks to junior members of staff delegation.
Demand: the quantity required to supply orders: Total petroleum demand has increased by one per cent.
Demonstration: a march to publicly protest about something: The demonstration will take place at G7 summit on 10 June.
Design: to make a drawing or plan of something that will be made: At the moment she’s designing a new range of furniture to be used in schools.
Development 1: the growth and expansion of a business, industry or economy: The OECD provides advice and assistance on all aspects of development.
Development 2: research to produce new, improved products: Our Company is actively pursuing the development of new biotechnology solutions.
Development 3: a change or alteration: Another recent development has been the arrival of Asian companies on the market.
Distribution: the arrangements and activities required in order to get goods from the manufacturer to the consumer: Distribution is organized via a product list.
Downsize: to reduce the number of employees in an organisation: European companies are continuing to downsize their manufacturing operations.
E
E-business: business to business relationships conducted using internet technology: IBM is one of the leading suppliers of e-business solutions.
E-commerce: selling activities that are conducted using internet technology: Some consumers still lack confidence in e-commerce.
Empower: give someone the power or ability to do something: Staff are empowered to shape their career development.
Enforce: to make people obey a law or rule: Enforcing a patent can be a long and expensive.
Entrepreneur: someone who starts a company, arranges business deals and takes risks.
Expense 1: money spent: We have significantly reduced our expenses over the last five years
Expense 2: money spent by an employee that can be claimed back: I put the restaurant bill on expenses.
F
Fair trade: a movement which promotes fairer trading conditions for developing countries: Fair trade gives consumers an opportunity to help change the world.
Fake: a copy or imitation of a genuine article: Experts have identified the components as fakes.
Feature: an important part of something: The programmer has a number of interesting new features.
File-swapping: exchanging files between computers on a network: Record companies tried to close down the illegal file-swapping website.
Financial statement: a document showing the state of the finances of an organisation or business: Financial statements must be completed by the end of August.
Finished goods: goods or products that are ready to be sold on to consumers: We keep close track of the stock levels of our finished goods.
Freelance: someone who works for different companies and is not employed by one Freelancers usually receive fixed payments and not a salary: We’re going to use a freelance designer for the company website.
Freight: the transportation of goods by air, sea, rail or road: All freight is paid by the customer.
G
Glitch: a minor fault with a computer program or machine: A glitch in the computer system has led to the cancellation of several flights.
Grant: a sum of money given to a person or organisation to help them to pay for something: The Central Development Fund has awarded a grant of $7.5m.
Grey marketing: selling products without the authorization of the trademark owner: Any authorized dealers who resort to grey marketing will be immediately suspended.
Gross: to calculate revenue before tax and other charges have been deducted: The film grossed $8.5m in the first two weeks.
Growth: an increase in the size or quantity of something: Research suggests that there will be significant growth in the market for women’s products grow.
H
Haulage: the business of transporting goods by road or railway: We are a haulage and warehousing company based in Poland.
Hierarchy: system of authority within an organisation: Many Swedish firms have very flat hierarchies.
Hire: employ someone: Businesses are hiring as job growth booms.
Holding company: holds the share capital of one or more other companies.
Damages: an amount of money paid to a person who has suffered an injustice: The Company paid damages to staff who were unfairly dismissed.
Database: an organized set of information stored in a computer: We’re currently updating all our customer files in the database.
Deadline: the date by which something has to be completed: The deadline for applications has been extended until the 25 May.
Dealer: a person who specializes in trading a particular type of goods: The Company only uses authorized dealers who are fully trained.
Debt relief: the cancellation or reduction of a debt: The government is firmly committed to a programmer of debt relief.
Defraud: to cheat another person by taking something that they own: He admitted defrauding his employer of more than £2m.
Delegate: to give responsibility to someone at a lower level in the hierarchy to enable them to take decisions: Managers need to delegate more routine tasks to junior members of staff delegation.
Demand: the quantity required to supply orders: Total petroleum demand has increased by one per cent.
Demonstration: a march to publicly protest about something: The demonstration will take place at G7 summit on 10 June.
Design: to make a drawing or plan of something that will be made: At the moment she’s designing a new range of furniture to be used in schools.
Development 1: the growth and expansion of a business, industry or economy: The OECD provides advice and assistance on all aspects of development.
Development 2: research to produce new, improved products: Our Company is actively pursuing the development of new biotechnology solutions.
Development 3: a change or alteration: Another recent development has been the arrival of Asian companies on the market.
Distribution: the arrangements and activities required in order to get goods from the manufacturer to the consumer: Distribution is organized via a product list.
Downsize: to reduce the number of employees in an organisation: European companies are continuing to downsize their manufacturing operations.
E
E-business: business to business relationships conducted using internet technology: IBM is one of the leading suppliers of e-business solutions.
E-commerce: selling activities that are conducted using internet technology: Some consumers still lack confidence in e-commerce.
Empower: give someone the power or ability to do something: Staff are empowered to shape their career development.
Enforce: to make people obey a law or rule: Enforcing a patent can be a long and expensive.
Entrepreneur: someone who starts a company, arranges business deals and takes risks.
Expense 1: money spent: We have significantly reduced our expenses over the last five years
Expense 2: money spent by an employee that can be claimed back: I put the restaurant bill on expenses.
F
Fair trade: a movement which promotes fairer trading conditions for developing countries: Fair trade gives consumers an opportunity to help change the world.
Fake: a copy or imitation of a genuine article: Experts have identified the components as fakes.
Feature: an important part of something: The programmer has a number of interesting new features.
File-swapping: exchanging files between computers on a network: Record companies tried to close down the illegal file-swapping website.
Financial statement: a document showing the state of the finances of an organisation or business: Financial statements must be completed by the end of August.
Finished goods: goods or products that are ready to be sold on to consumers: We keep close track of the stock levels of our finished goods.
Freelance: someone who works for different companies and is not employed by one Freelancers usually receive fixed payments and not a salary: We’re going to use a freelance designer for the company website.
Freight: the transportation of goods by air, sea, rail or road: All freight is paid by the customer.
G
Glitch: a minor fault with a computer program or machine: A glitch in the computer system has led to the cancellation of several flights.
Grant: a sum of money given to a person or organisation to help them to pay for something: The Central Development Fund has awarded a grant of $7.5m.
Grey marketing: selling products without the authorization of the trademark owner: Any authorized dealers who resort to grey marketing will be immediately suspended.
Gross: to calculate revenue before tax and other charges have been deducted: The film grossed $8.5m in the first two weeks.
Growth: an increase in the size or quantity of something: Research suggests that there will be significant growth in the market for women’s products grow.
H
Haulage: the business of transporting goods by road or railway: We are a haulage and warehousing company based in Poland.
Hierarchy: system of authority within an organisation: Many Swedish firms have very flat hierarchies.
Hire: employ someone: Businesses are hiring as job growth booms.
Holding company: holds the share capital of one or more other companies.