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English Vocabulary Relating to Trade and Business

English Vocabulary Relating to Trade and Business
English Vocabulary Relating to Trade and Business

Talk about import and export. Share your ideas about businesses you know of. Talk about successful companies having business in your country, and share your information about global companies and businesses. You may need to use some of these English Vocabulary Relating to Trade and Business in addition to your own words.

English Vocabulary Relating to Trade and Business

Word/phrase Function Meaning
Statistics/ Statistical
Noun a drawing that uses a series of dots, lines, etc., to show how much or how quickly something changes.
Gross Income Noun including all money received/ used especially to describe a total amount of money that was taken in before anything (such as taxes or expenses) is taken away.
Taxes Noun an amount of money that a government requires people to pay according to their income.
Salary Noun an amount of money that an employee is paid each year. A salary is divided into equal amounts that are paid to a person usually once every two weeks or once every month.
Commission / I work on
Noun A percentage of money paid to an employee for selling
Permit/ Business permit Noun an official document that shows that a person is allowed to do
or have something.

Customer Service

Noun help is given to customers before, during and after a purchase.
Better Business Bureau Noun The Better Business Bureau (BBB), founded in 1912, aims to promote ethical business practices, leading to an environment where buyers and sellers can operate under a common understanding of trust.
Federal Trade
Noun an independent agency of the United States federal government that maintains fair and free competition.
Strike/ They have gone
on strike.
Noun a period of time when workers stop work in order to force an employer to agree to their demands.
Product Noun something that is made or grown to be sold or used.
1.Import/2.Export Verb 1.to bring a product into a country to be sold/ 2.to send a product to be sold in another country.
1.Retail/ 2.Wholesale Noun 1. the business of selling things directly to customers for their own use/2. the business of selling things in large amounts to other businesses rather than to individual customers.
Trade Goods Noun things for sale.
Commerce Noun activities that relate to the buying and selling of goods and services.
Trick of the trade. Noun a shortcut or other quick or very effective way of doing things that professional workers learn from experience.
1.Accounts receivable/
2. accounts payable
Noun 1. money owed to a company by its debtors/2. money owed by a company to its creditors.
Number cruncher Noun A computer software capable of performing rapid calculations with large amounts of data.

Check out more common English vocabulary and phrases…

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