Business-Vocabulary-List
Business-Vocabulary-List
To do something ASAP means to do it fast, with urgency. Ex.: "I need to submit the report ASAP so we can review it before the
meeting tomorrow."
2. Backburner:
To put something on the backburner means to set aside tasks or projects for a while. Ex.: "We’ve put this project on the backburner
for now."
No, it’s not what you think it is. If you have multiple tasks or responsibilities to handle at the same time, you have many "balls in the
air." Ex.: "With the upcoming deadline and client meetings, I have a lot of balls in the air right now."
When you feel overwhelmed or have too many tasks or responsibilities, you have "too much on your plate." Ex.: "I can't take on any
more projects at the moment; I already have too much on my plate."
5. Bandwidth:
We’re not referring to a radio. Bandwidth is a person's capacity or availability to take on additional tasks or projects. Ex.: "I’d love to
help, but I don't have the bandwidth right now."
If we “boiled the ocean,” we just took on an overly ambitious task that’s unlikely to succeed. Ex.: "Let's focus on smaller goals
instead of trying to boil the ocean with this project."
7. Brain dump:
In other words, putting lots of ideas on paper. Ex.: "I did a quick brain dump and came up with an awesome idea."
8. Deliverables:
These are the tangible results or outputs that are expected from a project or task. Ex.: "What are our deliverables for this month?"
9. Game changer:
A game changer means something that has the potential to impact or transform a situation significantly. Ex.: "This new organization
tool I’m using is a game changer for me!"
When something is “good to go,” it’s ready. Ex.: "The proposal I’ve been working on is good to go for today’s presentation."
This expression doesn’t mean that someone is literally herding dozens of cats in their apartment. It’s just a weird way to say you’re
trying to manage people or tasks that are difficult to manage. Ex.: "Coordinating the different departments' schedules for this
project feels like herding cats."
Running something up the flagpole means presenting an idea, proposal, or plan to gather feedback. Ex.: "I haven’t finished the
project yet, because I still need to run it up the flagpole.”
13. Throw under the bus:
This is a common expression you might have heard in another context. It means to unfairly blame or sacrifice someone for your own
benefit or to avoid responsibility. Ex.: "John tried to throw me under the bus by blaming me for the mistake during the
presentation."
14. Micromanage:
Micromanaging can be the most annoying thing in the workplace! It’s the practice of excessive or unnecessary control over small
details of tasks or projects. Ex.: "I’m so annoyed with Susan! She micromanages everything I do.”
These are probably the two scariest words in the office! When someone has been “let go,” they were fired. Ex.: “Have you heard?
Jack was let go yesterday!”
When you ask someone to “keep you in the loop,” you ask them to keep you informed and included in the conversation. Ex.:
“Keep me in the loop! I want to know what’s going on between John and Susan!”
17. Workflow:
Workflow refers to the sequence of steps or tasks involved in completing a specific process or project. Ex.: “The workflow for this
project is insane… I don’t know how I’ll finish it on time!”
Business meetings vocabulary
1. Meeting agenda:
It’s a structured plan that outlines the topics, objectives, and order of discussion for a meeting.
2. Opening remarks:
These are the comments or statements your team members make at the beginning of a meeting. They are meant to provide the
context and introduce the rest of the team to the topic of the meeting.
3. Action plan:
It’s a detailed plan that specifies what needs to be done. It outlines the tasks and the timeline to achieve set goals.
4. Touch base:
If someone wants to touch base with you, it doesn’t mean they want to play hockey. They just want to discuss something with you.
It’s a common expression used in everyday situations. It means starting a conversion and can be used during a meeting to kick
things off.
When someone says, “Let’s circle back,” they want to discuss something again, or they’ll want to discuss it with you later.
8. Going forward:
It’s an expression used to move from one topic to another during a team meeting.
This is a popular idiom. But in the corporate setting, it simply means coming up with innovative ideas.
If something is a win-win situation, it’s an outcome or solution that benefits everyone involved. Everybody wins!
If someone moved the needle, they made significant progress or achieved something that positively impacted the situation.
I initially thought it meant to take the online conversation face-to-face. But no, it means to discuss something outside the current
meeting so as not to go over the planned meeting time.
When someone wants to go back to the drawing board, they feel the need to start over. Mainly because something didn’t go as
planned or they want to reevaluate the plan.
14. Trim the fat:
This funny expression means removing unnecessary elements to make something more streamlined or efficient.
When someone says, “Let’s make sure we’re on the same page,” they want to know whether you’re thinking alike.
When someone wants to “deep dive” into something, they just want to explore the topic in detail.
If your boss says, “Let’s get our ducks in a row,” it means they want to start getting organized to handle a task.
18. On board:
If you’re on board with something, you agree with it. If you don’t, you can always move the goalposts.
If your manager wants to move the goalposts, they want to change something: the objectives, the scope, or the project
requirements.
If you’re parking it, you’re holding off on a project or milestone until you get approval from whoever is in charge.
21. Push the envelope:
If your boss asks you to push the envelope, they just want you to give your best.
As you may have intuitively assumed, forward planning is the process of anticipating future needs or events and preparing
accordingly.
A silver bullet is a simple or quick solution that solves a complex problem or achieves significant results.
This is a popular idiom in everyday English, which means taking shortcuts. It’s usually done to save resources (like money or time),
but it’s not always the best way.
The phrase you’re looking forward to during the entire meeting! “Let’s call it a day” means the meeting is over. Hooray!
Follow-up questions are additional questions you or your teammates might have after discussing something. They aim to clarify
things or gather more information.
28. Closing remarks:
The opposite of opening remarks. Closing remarks are the comments or statements made at the end of a meeting, usually to
summarize what was discussed.
When you’re wrapping things up, you’re finishing something - a task, a project, or a meeting.
Marketing vocabulary
B2B (Business to It's business between two companies, rather We’re a B2B brand. We sell software to marketing
business) than a company and an individual. companies.
The button on a website that encourages The CTA on our landing page says, "Sign up for
Call to action (CTA)
action, like making a purchase. free."
Customer Dividing your customers into groups based We implement customer segmentation to personalize
segmentation on shared characteristics. our email campaigns.
The written or recorded opinions people How many testimonials should we put on our
Testimonials
have about your products or services. website?
Unique selling It's the trait that makes your product or Our USP is our eco-friendly packaging, which appeals
proposition (USP) service different from your competitors. to environmentally conscious consumers.
Sales vocabulary
A document that shows the details and cost of a I sent the customer an invoice
Invoice
product or service. for my copywriting services.
When a product is temporarily unavailable for I'm sorry, but our T-shirts are
Out of stock
purchase, it's out of stock. currently out of stock.
The customer decided to pay
To pay the entire price of a product or service at
Pay in full in full, so we gave him a
once.
discount.
A store or business that sells products directly to Our retailer partners are
Retailer
customers. selling our merchandise.
Testing out a product or service before committing I signed up for a free trial to
Trial
to a purchase. see what this app offers.
Break-even The sales level at which a business neither makes a profit We need to sell 500 units to reach the
point nor a loss. break-even point.
A plan for how much money a business can spend and Let's create a budget for our marketing
Budget
where it will go. campaign.
Money invested in a business to get it started or help it We raised capital from investors to
Capital
grow. expand our operations.
Good cash flow means we can pay our
Cash flow Money coming in and going out of a business.
bills on time.
The money a business spend on stuff they need to run the Our expenses include rent, salaries, and
Expenses
company. office supplies.
The money a business owes to other people (like investors The loan from the bank is a liability we
Liabilities
or stakeholders). need to pay back.
When a company spends more than they make, they have a We had a loss last quarter due to
Loss
loss. unexpected expenses.
The money a business makes from selling products or Our revenue skyrocketed after launching
Revenue
services. the new product.
Human resources vocabulary
The first day of work for new employees that includes a tour During orientation, we gave new
Orientation of the office and a couple of meetings that explain the hires a crash course on office
nature of the job. culture.
This happens when one of the two parties doesn’t comply The supplier's failure to deliver goods
Breach of contract
with the terms agreed upon in the contract they signed. constituted a breach of contract.
Not to adhere to the requirements or terms outlined in a The contractor failed to comply with
Fail to comply
signed contract. safety regulations.
The tiny text, usually at the bottom of a document or Carefully reading the fine print can
Fine print
contract, that contains important information. help you avoid unpleasant surprises.
A conflict between two parties that requires legal The company entered into a legal
Legal dispute
intervention. dispute with a former employee.
A person who knows the ins and outs of legal matters and can The company contacted a legal
Legal expert
advise those with no idea. expert to review the contract.
The contract you signed is legally
Legally binding When something is legally binding, it is enforceable by law.
binding.
An individual or a company involved in a contract or a legal Both parties agreed to the terms of
Party
dispute. the employment contract.
A legally registered symbol, word, phrase, or logo used to The company registered its logo as a
Trademark
identify a brand or a product. trademark.
Common business terms to avoid confusing
No, they’re not the same thing. There’s a subtle yet significant difference. A client is a person that buys a service. A customer is a
person that buys a product.
Although used interchangeably by most people, there’s a not-so-subtle difference between these terms.
Cooperation is when you work with other people to achieve your own goals. Collaboration, however, is when you work with others
to accomplish a shared goal.
Unless you’re a marketing pro, these terms can be very confusing! They both talk about the percentage of the market the company
claims, but by measuring different things.
Market penetration is the percentage of the overall target audience the company sells to. Market share is more detailed and refers
to the portion of the target market that buys the company’s products.
Contrary to what many people think, these two terms aren’t interchangeable. Revenue is the total income a business generates
through its operations. Profit is the income left after deducting the expenses the company has to incur to make revenue in the first
place.
Marketing vs. Advertising
These two terms are often confused because they overlap. Advertising is part of marketing.
Marketing is the practice of promoting your brand or products to your audience. Advertising, however, is the practice of paying to
have your content placed in specific locations (such as social media platforms or Google) to reach your target audience.