Business English 1.1 Flashcards
advantage
a favorable or superior position
advice
recommendation regarding a decision or course of conduct
authorization
to endorse, empower, justify, or permit by or as if by some recognized or proper authority; to invest especially with legal authority
brand
a class of goods identified by name as the product of a single firm or manufacturer; a public image, reputation, or identity conceived of as something to be marketed or promoted
capital
money, stock or possessions that can be used for business purposes
commission
a fee paid to an agent or employee for transa
competitor
one selling or buying goods or services in the same market as another; rival
costs
an amount that has to be paid or spent to buy something
customer
one that purchases a commodity or service
debt
a state of being under obligation to pay or repay someone or something in return for something received : a state of owing
decision
a determination arrived at after consideration
deficit
an excess of expenditure over revenue
department
a division of a large organization
difference
the quality or state of being dissimilar
disadvantage
loss or damage especially to reputation, credit, or finances; an unfavorable, inferior, or prejudicial condition