Business and Economics

The act of buying or obtaining something, especially something that is valuable.

acquisition

A second university degree in business management.

MBA

A member of an organization with limited membership.

associate

A store, person, or business that sells goods to the public for their own use, not for resale.

retailer

(economics) A basic product or raw material that can be purchased or sold.

commodity

Goods offered for sale or the ones bought or sold.

merchandise

An organization or business that is jointly owned and run by its members.

cooperative

A formal inspection of a business's financial records to see if they are correct and accurate or not.

audit

The difference between the needed amount that is higher than the amount that is available, especially money.

deficit

The act of using money.

expenditure

A list of goods or services received and their total cost.

invoice

(business) The difference between the amount of money spent to buy or produce something and the amount of money gained from its sale.

margin

The overall amount of profit made by a business or company over a specific period of time.

turnover

An amount of profit gained from an investment or business.

yield

A company or business.

enterprise

A permission granted to a person or group by a government or company that enables them to sell their services or products in a specific area.

franchise

A business or company that has just begun operation

start-up

Used after the name of a company to indicate that its owners are not legally responsible for all the money that the company owes but only for the amount they have invested in it.

Ltd

A business activity that is mostly very risky.

venture

Final amount after the deduction of all costs.

net

Involving the partnership of a group of people working toward a common goal.

cooperative

Having become a legal business company.

incorporated

Related to managers and their work.

managerial

(of a business) Making or yielding profit.

profitable

To be responsible for a company, organization, etc. and manage its affairs, including financial matters.

to administer

To finalize a business deal.

to close

To publicly state that one supports or approves of someone or something.

to endorse

To join together or make things do so.

to merge

To draw the public's attention to something by giving information about it as an act of advertisement.

to publicize

To take control of a company or business, particularly by buying more shares.

to take over

A formal document that gives someone the right to be the only one who makes, uses, or sells an invention or product for a limited amount of time.

patent

The work of creating a good image of a person, product, or company among people.

pr

The act of transporting goods, particularly by sea.

shipping

Related to the way in which a business, organization, machine, etc. functions.

operational

A sole proprietorship is an unincorporated business that one person owns and manages. As the business and the owner are not legally separate, it is the simplest form of business structure.

sole proprietorship