vocabulary unit 2 Flashcards
someone who starts their own
business
an entrepreneur
relating to someone who starts
their own business
entrepreneurial
the activity of making money
by starting or running
businesses
entrepreneurship
to help someone emotionally
or in a practical way
to support
giving help and
encouragement
supportive
someone or something that
gives you ideas
inspiration
to give someone the idea for
something, to make someone
feel that they want to do
something and can do it
to inspire
giving new ideas; making
somebody want to create
something
inspirational
the possibility to succeed
potential
to earn more money than you
have spent
to make a profit
to spend more money than
you earn
to make a loss
making a profit
profitable
to lower costs
to cut expenses
the necessary costs involved in
production such as rent and
heating
overheads
the positive aspects; extras you
receive on top of your salary,
such as a company car
benefits
having a good effect
beneficial
someone who is paid to work
for someone else
an employee
a person or company that pays
people to work for them
an employer
a person with the most
important position in a
company
the CEO (Chief Executive Officer)
a fixed amount of money that
you receive from your
employer, usually every month
a salary
the amount of money a person
regularly receives for their job
a wage
what you process into a
finished product
raw materials
a new enterprise; a business
that has just begun
a start-up
to start a business
to found a company
a person who starts an
organization
the founder
another company in the same
industry as yours; an economic
enemy
a competitor
to try to be more successful or
better than somebody else
who is trying to do the same as
you
to compete
wanting to win or be more
successful than other people
competitive
to receive financial aid from
the government
to be subsidized
money given by a government
to pay part of the cost of
something
a subsidy
what is on offer and what
people want
supply and demand
someone who has put money
in a company and is part
owner
a stockholder / shareholder
equal parts that the value of a
company is divided into
shares
the place where stocks and
shares in companies are
bought and sold
the stock market
to give money to a business
because you hope to get a
profit
to invest
an amount of money you have
put into a company
an investment
someone who puts money in a
business to make a profit
an investor
a group of people with the
same interests, nationality,
job, etc.
a community
a group of people who sing
together
a choir
a large, angry crowd that could
easily become violent
a mob
to collect or to come together
to gather
shared by every member of a
group
collective
getting a large number of
people to each give small
amounts of money in order to
finance a project, typically
using the internet
crowdfunding
giving tasks to a large group of
people by asking for help on
the internet
crowdsourcing
someone who takes part in an
activity
a participant
someone who is watching an
activity but is not taking part in
it
a bystander
to take part in an activity
to participate
a person who does something
for free / without having to in
order to help others
a volunteer
to offer to do something
without getting paid for it
to volunteer
to work together
to collaborate
the situation of people working
together to create something
collaboration
to give something in order to
achieve something together
with other people
to contribute
something that you do to help
produce something, or to help
make something successful
a contribution
If something is addictive, it
makes people unable to stop
using/doing it
addictive
