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
discount
a reduction made from a regular or list price
drop
let or make (something) fall vertically; a decline in quantity or quality
employ
give work to (someone) and pay them for it
employer
a person or company that provides a job paying wages or a salary to one or more people
encourage
to give support, confidence, or hope
enquiry (BrE); inquiry (AmE)
asking for information; examination into facts or principles
equipment
the set of articles or physical resources serving to provide a person or thing with what is needed to perform tasks
estimate
to judge tentatively or approximately the value, worth, or significance of
experience
practical knowledge, skill, or practice derived from direct observation of or participation in events or in a particular activity
