Business and Money Vocabulary

Mercantile – Connected with trade and commercial affairs.

Sentence – The Mercantile invests for long-term capital growth with emphasis on emerging companies worldwide.

Trade – The activity of buying and selling or of exchanging goods or services between people and countries.

Sentence – There needs a long apprenticeship to understand the mystery of the world’s trade.

Commerce – The buying and selling of goods and services.

Sentence – The government decapitalized industry and commerce with harsh tax policies.

Transaction – A piece of business that is done between people, especially an act of buying or selling.

Sentence – Furthermore, the time frame for completing the transaction may not allow the luxury of negotiating heads.

Dealing – The way of doing business with somebody.

Sentence – We’re dealing with probably the biggest missing link in what we know about human evolution.

Patronage – The system by which an important person gives help or a job to somebody in return for their support.

Sentence – Apparently partisan house cleaning and patronage pay-offs are considered routine at the Corporation Commission.

Objective – Something that you are trying to achieve.

Sentence – The objective of the new venture was to attain more of the workforce.

Startup – A company that is just beginning to operate.

Sentence – There is a huge, unexploited opportunity in startup investing.

Currency – The system of money that a country uses.

Sentence – The government is running short of hard currency to pay for imports.

Appointment – A formal arrangement to meet or visit somebody at a particular time, especially for a reason connected with their work.

Sentence – The news of his appointment was received with a certain relief by most people.

Consolidate – To join things together into one.

Sentence – The company is planning to consolidate its business activities at a new site in Arizona.

Enterprise – A company or business.

Sentence – The programme is a joint enterprise with the London Business School.

Market – A particular area, country , or section of the population that might buy goods.

Sentence – The domestic market is still depressed but the demand abroad is picking up.

Commodity – A thing that is useful or has a useful quality.

Sentence – Money was a commodity she never thought about except in the abstract.

Operational – Connected with the way in which a business , machine , system , etc.

Sentence – There are operational advantages in putting sales and admin in the same building.

Offshore – Happening or existing in the sea, not far from the land.

Sentence – These offshore branches cannot close or fail while the head office remains open.

Reshoring – Moving a business that was based in a different country to its original country.

Sentence – It was clear that re shoring can help in rebalancing the economy of the country.

Vested interest – A personal reason for wanting something to happen , especially because you get some advantage from it.

Sentence – We know that advertisers have a vested interest in their power to suspend our disbelief.

Transact – to do and complete a business activity

Sentence – Penal trial court transact normal penal cases and private persecution penal cases; other relevant business.

Amortizable – used to describe a business cost or an asset.

Sentence – Capital expenses are amortizable over a number of years.

Competition – the act of working together with  a person who is your business competitor.

Sentence – The two companies have a relationship, which you could describe a competition.

Cooperatively – Together with others towards a shared aim.

Sentence – Learners should work cooperatively with classmates and the teacher, and hand in assignments on time.

Intangible asset – Something that does not exist as a physical thing but is still valuable to a company.

Sentence – Castle now carries audio copyrights under intangible assets at directors’ valuation instead of at cost less amortisation.