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Business English Vocab

Instructions:
  • Answer 44 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. The reduction of prodution costs that is a result of making and selling goods in large quantities - for example - the ability to buy larger amounts of materials at reduced prices






2. An arrangement to meet someone at a particular time and place






3. The amount by which the money going out of a country to pay for imports is more than the amount coming in from exports






4. Without human warmth and interest - neutral - objective






5. Arranged in a hierarchy - gradable - graded - ranked - stratified - vertical






6. All the people in a particular country who are of the right age to work or all the people who work for a particular company






7. A small amount of a product that people can use or look at in order to find out what it is like






8. Money borrowed from a bank financial institution - person - etc on which interest is usually paid to the lender until it is repaid - adopt - get - have - take






9. The head office or main building of an organization






10. The difference between the price of a product or service and the cost of producing it - rank - pure - fat - earn - gain - make






11. A formal - written agreeement between two or more people or groups which says what each must do for the other - or must to do






12. A warehouse and the business based there - that stores a manufacturer's goods temporarily - before they are transported to stores or customers for sale






13. A part of the profits of a company for a particular period of time that is paid to shareholders for each share that they own






14. Increase or improve after falling in value or getting worse






15. A company that is at least half-owned by another company






16. Money that you earn from your job or that you receive from invesments






17. Statement saying what is likely to happen in the future - based on information that is available now - figure - predict - call - judge - point - promise - signal






18. A person or company whose job is to give people independent advice about what insurance is available from different companies - and to arrange insurance for them






19. happening or produced once every three months






20. A flexible person or company can work in different ways - at different times - or in different places when it is necessary - flexile - elastic - pliable - pliant - whippy - limber - supple






21. Not involving or taking unnecessary risks - cautious - button-down - right - adult - grownup






22. To remove authority in a system - company - country - etc. from local places to one central place so that the whole system - etc. is under central control - alter - change - modify






23. Give money to pay for a television programme - a sports or arts event - training - etc in exchange for advertising or to get public attention - helper






24. The beliefs and ideas that a company has and the way in which they affect how it does business and how its employees behave






25. Relating to a company - usually a large one - or business in general






26. Employ another company to do one's work






27. Something which is used to encourage people to do something - especially to make them work harder - produce more or spend more money - motive - need - act - condition - status






28. To show or make a new product available for sale for the first time






29. Involving or having a lot of complicated and unnecessary official rules - official - functionary - officialdom






30. Money that a business or organisation receives over a period of time - especially from selling goods or services - gross - income






31. An occasion when two or more companies - organisations - etc join together to form a larger company - etc






32. Someone who owns shares in a company






33. To move the control of an organization or government from a single place to several smaller ones - alter - change - modify






34. Always changing and developing: active - can-do






35. A company that owns at least half the shares in the other company - and has control over it






36. The department in an organisation that deals with employing - training and helping employees






37. The percentage charged for borrowing money or a percentage you receive when you put money in a bank - make an investment - etc






38. Developing or happening gradually - reformist - forward - industrial - active - advanced - advancing - degressive - graduated - increasing - innovative - liberal - modern - modernised - modernized - imperfect - liberalist - adult - grownup - tense






39. An amount paid by a borrower to a lender - for example to a bank by someone borrowing money for a loan or by a bank to a depositor (=someone keeping moeny in an account there)






40. When someone is judged to be unable to pay their debts by a court of law - and their assets are shared a mong the people and businesses that they owe money to






41. The system or type of money used in a particular country






42. Describes someone who is kind and gives emotional support to others - fond - warm - love






43. In order to try and solve this problem - work






44. A period of time when an economy or industry is doing badly - and business activity and employment decrease