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Summary Glossary, all units, Business and Economic English 1 $5.88
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Summary Glossary, all units, Business and Economic English 1

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Complete glossary of all units for Business and Economic English 1.

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  • January 15, 2022
  • 22
  • 2020/2021
  • Summary

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Voc Unit 1
to work in (advertising/a department) Working within a department (op een department werken).
to work on (a project) Working towards a project (aan een project werken).
to work for (a supermarket chain) Working for a company (werken voor een bedrijf).
to work with (colleagues) To cooperate, working together with.
to work under (a supervisor) Working under someone's authority.
to leave for (work) To go to work. (= naar het werk gaan, vertrekken).
to go to (work) To leave for work.
to arrive at (work) To show-up at work, to appear at work
to be at work To be working.
to be in work To have a job.
to be off work You are still employed but you're not working at that moment in
time.
to be out of work To not have a job.
rewarding Giving a reward, especially by making you feel satisfied that you
have done something important or useful, or done something
well. F.e. a rewarding job.
stimulating It encourages new ideas, makes you feel enthusiastic.
hands-on Someone with a hands-on way of doing things becomes closely
involved in managing and organizing things and in making
decisions.
in charge of Being responsible for something or someone.
responsible for In charge of
to supervise To administer, to conduct, to oversee.
To watch a person or activity to make certain that everything is
done correctly, safely.
to run - To have enough money to buy something.
- If your taste or skill runs to something, that is the type of
thing that you enjoy or can manage to do.
to deal with - to talk to
someone meet someone, especially as part of your job
- To behave towards and talk to someone in an effective
way.
to involve - To be part of something, to include, to take part in …
- If a situation involves someone or something, he, she, or
it is affected by it.
unemployed Not having a job that provides money, jobless.
(to be made) redundant To led go, to lay off, having lost your job because your employer
no longer needs you.
jobless Unemployed.
margin call A demand to increase the amount of money or assets in a margin
account because it has fallen below the lowest amount allowed.
investment bank A bank that purchases large holdings of newly issued shares and
resells them to investors.
staff Employees, workers
trading floor The area of a stock exchange or financial market where dealers
work.
to lay off/ cut / let go/ make When a company stops employing someone.
redundant (staff)
compare with: to quit (informal)/to - To quit: to tell your supervisor over the phone of by email

,resign (formal) that you are leaving.
- To resign: to resign is to write a resignation letter and to
tell your supervisor in person that you are leaving.
risk manager/ management The job of deciding what possible financial risks are involved in a
planned activity and how best to avoid or deal with them.
severance contract/ package/ offer A contract between an employer and employee documenting the
etc. rights and responsibilities of both parties in the event of job
termination.
to revoke (an offer) To say officially that an agreement, permission, a law, etc. is
no longer in effect
precaution An action that is done
to prevent something unpleasant or dangerous happening.
Punitive - Intended as a punishment
- Used to describe costs that are so high they are difficult to
pay
lawyer Someone whose job is to give advice to people about the law and
speak for them in court
junior/ senior Senior implies superiority over junior employees. Junior
employees strive to become a senior employee because they see
it as a badge of honor
HR (Human Resources) The department of an organization that deals with finding new
employees, keeping records about all the organization's
employees, and helping them with any problems.
HR (Human Resource) The manager of the department (see above).
management /officer/ manager
security guard Someone whose job involves preventing people going into places
without permission, transporting large amounts of money, or
protecting goods from being stolen.
colleague One of a group of people who work together.
transition plan A business transition plan puts together all the goals, priorities,
and strategies in one place for a successful shift. ... Without a
well-defined plan, current employees might leave their financial
and personal future to chance.
employment The fact of someone being paid to work for a company or
organization.
to employ To hire, to recruit
employer A person or organization that employs people.
employee Someone who is paid to work for someone else.
in employment F.e. 21,7% of all those in employment were in part-time jobs.
employment opportunities/prospects F.e. the employment prospects for sciences graduate excellent.
The probability or chance for future success in a profession.
employment of The act of paying someone to work for you.
F.e. Maxican law prohibits the employment of children under 14.
full employment A situation in which everyone has a job.
F.e. Many economists consider full employment an unrealistic
goal.
paid employment/ work A job for which you receive money. F.e. 51% of women return to
paid employment within 5 years.
full-time/part-time employment/ - Full- time employment: considered between 30-40 hours
work a week.
- Part-time employment is usually less than 30 hours a

, week.
permanent/temporary employment/ - Permanent work: no defined employment end date and
work the employee receives a benefits package.
- Temporary work: has a defined duration of employment
with a contract end date
long-term/regular employment/ work Working for the same company for a long time.
F.e. She finally found regular employment.
continuous employment/ work Working all the time, without any periods of being unemployed.
F.e. You can join the pension scheme after two years of
continuous employment.
job title The name of a particular job in an organization
recruit (n.) / to recruit To hire, to persuade someone to work for a company or become a
new member of an organization.
job seeker Job hunter, someone who is trying to find a job
(vice) president (AmE) / CEO (Chief - President: the person who has the highest position in an
Executive Officer) / General Manager organization
- CEO: the person with the most important position in a
company
- General Manager: a person who is in charge of all or part
of an organization or company
data analyst A person whose job is to examine information in order to find
something out, or to help with making decisions.
to hire /a hire To recruit
newfangled New-fashioned, modern, contemporary
(tegengestelde: old-fashioned).
agility Being quick wit hit, quickness
to exude (e.g. passion or anger) You show that you have a lot of that feeling, f.e. to exude
confidence.
position (formal) A rank of level in a company, job.
a skill set The range of things that someone is good at, especially things that
are useful in a particular job
human resources manager Manager of the HR department.
Dignity - Calm, serious, and controlled behaviour that makes
people respect you.
- The importance and value that a person has, that makes
other people respect them.
latitude (formal) Freedom to behave, act, or think in the way you want to.
descriptive Representative, graphic…
to take ownership The initiative to bring about positive results.
to push the envelope Approach or extend the limits of what is possible.
icebreaker A game, joke, or story that makes people who do not know each
other feel more comfortable together
portfolio work/ worker/working To work for several different companies or organizations at the
same time
profession Career, occupation

client (compare with customer) - Client: the one who wants professional support/service
from the company.
- Customer: a person who purchases products or services
from the company.
career (path) The job or series of jobs that you do during your working life

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