Summary Business and Economic English: vocabulary list
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Course
Zakelijk En Economisch Engels
Institution
Universiteit Antwerpen (UA)
This document contains all the vocabulary to be known for the course Business and Economic English I. The words are made clear on the basis of context or definition. If you're studying this list along with the Quizlet added in the document, you're guaranteed to pass the “vocabulary” section!
English Vocabulary
UNIT 1
To work in She works in advertising / a department.
To work on She works on a project.
To work with She works with her colleagues.
To work for She works for a large supermarket chain.
To work under She works under a supervisor.
To leave for (work) She leaves for work at 6:50 every morning.
To go to (work) She goes to work by train and subway.
To arrive at (work) She arrives at work about 8.
To be at work When the economy is doing well, many people are in work.
To be out of work In times of stagnation or recession, more and more people lose
their job and have a hard time finding something new. They are
out of work.
To be off work She is rarely off work due to illness.
Rewarding / She loves her work, which she finds rewarding and stimulating.
Stimulating
Hands-on She is very hands-on: involved with the productive work of the
agency rather than managing it.
Responsible for / He is responsible for a team working on the development of new
In charge off supermarkets everywhere in Europe.
He is also in charge of the financial reporting of these new stores
and needs to deal with many different projects at the same time.
To supervise The Financial Services Authority (FSA) is responsible for
supervising Britain’s banking system.
To run He’s been running a restaurant since he left school.
To involve His jobs involves working with colleagues from many different
countries.
To be unemployed / There are now over 4 million unemployed in this country.
Jobless
To be made People who are redundant have become unemployed because
redundant they are no longer needed at their place of work.
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 helps companies sell and buy shares, or helps them
, buy other companies or merge (=join together) with each other.
Staff The group of people who work for an organization.
Trading floor The area of a stock exchange or financial market where dealers
work.
To lay off / Cut / Profits are down and 80% of the staff are being laid off.
Let go make Schmitz Chemicals plans to cut 20,000 jobs worldwide.
redundant (staff) To keep the company alive, half of the workforce is being made
(compare with: redundant.
To quit (informal) / Would you quit your job if you inherited lots of money?
To resign (formal) He resigned from the company in order to take a more
challenging job.
Risk manager / Uncertainty is a feature of many aspects of risk management.
Management
Severance contract / A severance contract is a contract between an employer and
package / offer employee documenting the rights and responsibilities of both
parties in the event of job termination.
A severance package is pay and benefits that employees may be
entitled to receive when they leave employment at a company
unwillfully.
To sever Money paid by an employer to an employee whose job the
employer has had to bring an end.
To revoke an offer To say officially that an offer is no longer in effect.
Precaution An action that is done to prevent something unpleasant or
dangerous happening.
Punitive Intended as a punishment.
Lawyer The lawyer proved innocence of his client.
Junior / Someone who has a job at a low level within an organization.
Senior High or higher ranking
HR (Human The department of an organization that deals with finding new
Resources) employees, keeping records about all the organization’s
management / employees and helping them with any problems.
officer / manager
Security guard Someone whose job is to guard buildings, goods in stores, money
that is being transported, etc…
Colleague One of a group of people who work together.
Transition plan A document that helps companies navigate changes such as
retirement or resignation from leadership roles, structural
changes within an organization, mergers with other companies,
or transitions between stages of business planning.
Employment The fact of someone being paid to work for a company or
organization.
In employment The condition of having a paid job.
To employ More people are now employed in service industries than in
, manufacturing.
Employer A person or organization that employs people.
Employee Someone who is paid to work for someone else.
Employment The employments prospects for science graduates are excellent.
prospects
(= opportunities)
Employment off The act of paying someone to work for you.
Formal use of a particular object, method, skill etc to achieve
something.
Full employment A situation which everyone has a job.
Paid employment / A job for which you receive money.
work
Full-time / Part-time Mike is in full-time employment, but his wife is not working.
employment / work
Permanent / University graduates entering permanent employment for the
Temporary first time. However, temporary employment is becoming more
employment / work acceptable these days as it appeals to individuals wanting to work
for a limited amount of time before they move to another job or
to study.
Long-term / Regular Long-term = working for the same company for a long time.
employment
Continuous Working all the time, without any periods of being unemployed.
employment
Job title The name of a particular job in an organization.
A recruit / A new member of an organization.
To recruit To persuade someone to work for a company or become a new
member of an organization.
Job seeker Someone who is trying to find a job.
(Vice) president The person who is responsible for a large, important part of a
(AmE) / company or organization.
CEO (Chief Executive The person with the most important position in a company.
Officer) / A person who is in charge of all or part of an organization or
General manager company.
Data analyst A person whose job is to examine information in order to find
something out, or to help with making decisions.
A hire / A person to whom a company has recently given a job.
To hire To employ someone or pay someone to do a particular job.
Newfangled Recently made for the first time, but not always an improvement
on what existed before.
Agility The ability to think quickly and clearly.
To exude If you exude love, confidence, pain, etc… You show that you have
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