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131 Business English Vocabulary With Meanings and Examples

Business English Vocabulary


As you know, English is quickly becoming a requirement for anyone to work, communicate and compete in the international market.

Perhaps you want to impress a potential employer, have a job that requires frequent international travel for work, or you may have set your sights on joining a multinational company.

For any situations, you must be able to communicate at an advanced level in Business English.


Business English vocabulary


Most of us are working now, and according to the rapid spread of the language and its daily need at work, we have collected for you the most useful business English vocabulary that you may need.


1. Accordance (in accordance with): Conformity or agreement. noun 

  • There is good accordance between the values.

2. Account:

A: A report or description of an event or experience. noun

  • A detailed account of what has been achieved.

B: A record or statement of financial expenditure and receipts relating to a particular period or purpose. noun

  • The ledger contains all the income and expense accounts.

C: An arrangement by which a body holds funds on behalf of a client or supplies goods or services to the client on credit. noun

  • A bank account.

D: An arrangement by which a user is given personalized access to a computer, website, or application, typically by entering a username and password. noun 

  • We've reset your password to prevent others from accessing your account.

 E: Importance. noun

  • Money was of no account to her. 

F: Consider or regard in a specified way. verb

  • Her visit could not be accounted a success.
 

3. Accounting error: An accounting error is an error in an accounting entry that was not intentional. When spotted, the error or mistake is often immediately fixed. If there is no immediate resolution, an investigation into the error is conducted.

  • All accounting errors messages will contain details about the error.
 

4. Acknowledge (to): To accept that something is true or exists. verb

  • He acknowledged that there was a problem.

5. Address:

A: The particulars of the place where someone lives or an organization is situated. noun

  • They exchanged addresses and agreed to keep in touch.

B: A formal speech delivered to an audience. noun

  • She delivered an address to the National Council of Teachers.

C: Write the name and address of the intended recipient on (an envelope, letter, or package). verb

  • I addressed my letter to him personally.

D: Speak to (a person or an assembly), typically in a formal way. verb

  • She addressed an audience of the most important Shawnee chiefs.

E: Think about and begin to deal with (an issue or problem). verb

  • A fundamental problem has still to be addressed.
 

6. Addressee: The person to whom something, typically a letter, is addressed. noun

  • The contents of the letters were calculated to cause distress to the individual addressee.
 

7. Advance (in advance)

A: Make or cause to make progress. verb

  • Our knowledge is advancing all the time. 

B: Put forward (a theory or suggestion). verb

  • The hypothesis I wish to advance in this article. verb 

C: Mend (money) to (someone). verb

  • The bank advanced them a loan. 

D: A development or improvement. noun

  • Genuine advances in engineering techniques. 

E: An amount of money paid before it is due or for work only partly completed. noun

  • The author was paid a $250,000 advance.
 

8. Advance payment: An advance payment, or simply an advance, is the part of a contractually due sum that is paid or received in advance for goods or services, while the balance included in the invoice will only follow the delivery. noun

  • Terms of cash on delivery or advance payment should be instituted for future sales to consistently delinquent accounts.
 

9. Advice of payment: Advance payment is a type of payment made ahead of its normal schedule such as paying for a good or service before you actually receive it. noun

  • They relied heavily on the advice of payment from their professional advisers.
 

10. After-sales service: After-sales service is any support provided to a customer after the product or service has already been purchased. noun

  • They need more after-sales service.
 

11. Agreement: Harmony or accordance in opinion or feeling; a position or result of agreeing. noun

  • There is wide agreement that investment is necessary.
 

12. Air freight

A: The transportation of goods by aircraft. noun 
  • The airfreight business.
B: Carry or send (goods) by aircraft. verb
  • Airfreighting them out would be much more reliable, though costlier.
 

13. Air waybill: An air waybill (AWB) is a document that accompanies goods shipped by an international air courier to provide detailed information about the shipment and allow it to be tracked. noun

  • This proprietary air waybill can be issued only by the airline whose identity is pre-printed on its or its agent's document.

14. Amount due: The amount due is the sum of money necessary to pay a bill in full, including principal, interest, fees and other charges. Amount due can also be used for the sum of charges related to partial or full payments for credit card loans. noun

  • The insurance company will refund any amount due to you.
 

15. Apology: An act of saying that you are sorry for something wrong you have done. noun

  • I have an apology to make to you - I'm afraid I opened your letter by mistake.
 

16. Apply (to apply for)

ِA: Make a formal application or request. verb

  • You need to apply to the local authorities for a grant. 

B: Be applicable or relevant. verb

  • Normal rules apply. 

C: Give one's full attention to a task; work hard. verb

  • For two years, she applied herself to her studies with dedication.
 

17. Approval (on approval): The action of approving something. noun

  • The road plans have been given approval.
 

18. As from: Used to indicate the time or date from which something starts. noun

  • Fares on all routes will rise as from January 11.
 

19. As mentioned: To speak about something quickly, giving little detail or using few words. noun

  • As mentioned earlier, the University supplements this information with an interview.
 

20. Balance (financial)

A: A condition in which different elements are equal or in the correct proportions. noun

  • Try to keep a balance between work and relaxation.

B: A predominating weight or amount; the majority. noun

  • The balance of opinion was that work was more important than leisure.

C: A figure representing the difference between credits and debits in an account; the amount of money held in an account. noun

  • He accumulated a healthy balance with the savings bank. 

D: Offset or compare the value of (one thing) with another. verb

  • The cost of obtaining such information needs to be balanced against its benefits.  

E: Compare debits and credits in (an account), typically to ensure that they are equal. verb

  • The law requires the council to balance its books each year.
 

21. Bank account: An arrangement made with a bank whereby one may deposit and withdraw money and in some cases be paid interest. noun

  • He has made several withdrawals from his bank account.
 

22. Bank transfer: The sending of money from one bank account to another, usually electronically. noun

  • Payment was in advance by bank transfer.
 

23. Bill of exchange: A written order to a person requiring the person to make a specified payment to the signatory or to a named payee; a promissory note. noun

  • Purchase of a post-dated bill of exchange or promissory note by a Bank by means of deducting non-accrued interest in advance shall be called a discount.
 

24. Bill of lading: A detailed list of a shipment of goods in the form of a receipt given by the carrier to the person consigning the goods. noun

  • Unless sent by an air courier, an ocean bill of lading can take as long as a week to arrive by air mail. 
 

25. Blank cheque: An unlimited amount of money, or the freedom to do anything. noun

  • We know there are limits to funding and we don't have a blank cheque.
 

26. Branch

A: A part of something larger. noun

  • Immunology is a branch of biological science.

B: One of the offices or groups that form part of a large business organization. noun

  • I used to work in the local branch of a large bank.
 

27. Brand

A: A type of product manufactured by a particular company under a particular name. noun

  • A new brand of detergent.

B: An identifying mark burned on livestock or (formerly) criminals or slaves with a branding iron. noun

  • The brand on a sheep identifies it as mine. 

C: Mark with a branding iron. verb

  • The seller had branded the animal with his grandfather's name.
 

28. Brisk trade: Brisk trade is a brisk activity or action is done quickly and in an energetic way. noun

  • The new shop has been doing a brisk trade in cut - price clothes.

29. Business (on business): The meaning of BUSINESS is the activity of making, buying, or selling goods or providing services in exchange for money. See more meanings of business. noun

  • He is absent on business.
 

30. Buyer: A person who makes a purchase. noun

  • These clauses form part of the contract between buyer and seller.

31. Cancel

A: Decide or announce that (a planned event) will not take place. verb

  • He was forced to cancel his visit. 

B: A mark made on a postage stamp to show that it has been used. noun

  • A stamp franked and with an adhesive cancel. 

C: A new page or section inserted in a book to replace the original text, typically to correct an error.  noun

  • A cancel title page.
 

32. Cargo: Goods carried on a ship, aircraft, or motor vehicle. noun

  • Transportation of bulk cargo.
 

33. Carriage free: Free Carrier means your baggage is free of charge, provided that it meets the weight and size limits. noun

  • The delivery company offers a carriage free on Mondays.
 

34. Carriage paid to: Carriage Paid To (CPT) is an international trade term that means the seller delivers the goods at their expense to a carrier or another person nominated by the seller. The seller assumes all risks, including loss, until the goods are in the care of the nominated party. noun

  • These samples to be to us, carriage paid to, if you find them unsuited for your trade.
 

35. Date

A: A particular day of the month or year. noun

  • Please give your name, address, and date of birth.

B: A time when something has been arranged to happen. noun

  • Let’s make a date to have lunch.

C: To write or print the day’s date on something. verb

  • Thank you for your letter dated 30 August
 

36. Discount

A: A deduction from the usual cost of something, typically given for prompt or advance payment or to a special category of buyers. noun

  • Many stores will offer a discount on bulk purchases.

B: Deduct an amount from (the usual price of something). verb

  • Current users qualify for a discounted price.

C: Regard (a possibility, fact, or person) as being unworthy of consideration because it lacks credibility. verb

  • I'd heard rumors, but discounted them.

D: (of a store or business) offering goods for sale at discounted prices. adjective

  • A discount drugstore ch.
 

37. Dispatch (to)

A: Send off to a destination or for a purpose. verb

  • He dispatched messages back to base. 

B: Deal with (a task, problem, or opponent) quickly and efficiently. verb

  • They dispatched the opposition. 

C: The sending of someone or something to a destination or for a purpose. noun

  • A resolution authorizing the dispatch of a peacekeeping force. 

D: An official report on state or military affairs. noun

  • In his battle dispatch he described the gunner's bravery.
 

38. Draft

A: A preliminary version of a piece of writing. noun

  • The first draft of the party's manifesto. 

B: Prepare a preliminary version of (a document). verb

  • I drafted a letter of resignation. 

C: Select (a person or group of people) and bring them somewhere for a certain purpose. verb

  • He was drafted to help with the task force on best safety practices.
 

39. Due

A: Expected at or planned for at a certain time. adjective

  • The report's due in August. 

B: Of the proper quality or extent; adequate. adjective

  • Sriving without due care and attention. 

C: A person's right; what is owed to someone. noun

  • He attracts more criticism than is his due. 

D: An obligatory payment; a fee. noun

  • He had paid union dues for years.

40. Duly signed: Duly signed means that a document has been properly and correctly signed according to specified protocol ( as it was intended to be)

  • The document was duly signed and authorized by the inspector.
 

41. Dutiable: Liable to customs or other duties. adjective

  • Dutiable goods.

42. Duty free

A: Exempt from payment of duty. adjective

  • The permitted number of duty-free goods.

B: Goods that are exempt from payment of duty. noun British

  • A bag of duty-free.
 

43. Enclosed: Surrounded or closed off on all sides. adjective

  • A dark enclosed space.
 

44. Enclose: Place (something) in an envelope together with a letter. verb

  • I enclose a copy of the job description.
 

45. Inquiry: An act of asking for information. noun

  • A reporter from New York makes inquiries.
 

46. Exchange rate: The value of one currency for the purpose of conversion to another. noun 

  • The exchange rate of the dollar against the Deutschmark.
 

47. Expense

A: He cost required for something; the money spent on something. noun

  • We had ordered suits at great expense. 

B: Offset (an item of expenditure) as an expense against taxable income. verb

  • Up to $17,500 in capital expenditures can be expensed in the year they were incurred.
 

48. Extension of payment time: Payment Extension means the extension of the due date already expired for payment in part or whole, where the municipality has agreed to substitute that due date with a payment extension date in applicable cases. 

  • If you need to make a payment but have an extension of payment time to file your personal income tax, you can make your payment directly on our website.
 

49. Failure to pay: Failure to Pay means, after the expiration of any applicable Grace Period (after the satisfaction of any conditions precedent to the commencement of such Grace Period), the failure by a Reference Entity to make, when and where due, any payments in an aggregate amount of not less than the Payment Requirement under one or more Obligations, in accordance with the terms of such Obligations at the time of such failure. 

  • The failure to pay penalty is 0.5% of the unpaid taxes for each month or part of a month the tax remains unpaid. 
 

50. Fee: A payment made to a professional person or to a professional or public body in exchange for advice or services. noun

  • They were faced with legal fees of $3000.
 

51. File

A: A folder or box for holding loose papers that are typically arranged in a particular order for easy reference. noun

  • A file of correspondence.

B: A line of people or things one behind another. noun

  • Plains Cree warriors riding in file down the slopes.

C: A tool with a roughened surface or surfaces, typically of steel, used for smoothing or shaping a hard material. noun

  • It is possible to make the necessary notch with a file.

D: Place (a document) in a cabinet, box, or folder in a particular order for preservation and easy reference. verb

  • The contract, when signed, is filed.

E: (of a group of people) walk one behind the other, typically in an orderly and solemn manner. verb

  • The mourners filed into the church.

F: Smooth or shape (something) with a file. verb

  • When I have nothing else to do, I file my nails. 
 
 

52. Firm offer: A firm offer is an offer that will remain open for a certain period or until a certain time or occurrence of a certain event, during which it is incapable of being revoked. As a general rule, all offers are revocable at any time prior to acceptance, even those offers that purport to be irrevocable on their face.  

  • They made a firm offer on the house over the weekend.
 

53. Free of charge

A: Without any payment due.

  • A Certificate of Posting is available free of charge at the counter. 

B: Without cost or payment. informal

  • These professionals were giving their time for free. 
 

54. Goods: Merchandise or possessions. noun 

  • Imports of luxury goods.
 

55. Grateful: Feeling or showing an appreciation of kindness; thankful. adjective

  • I'm very grateful to you for all your help.
 

56. Have (something) in stock: To have something currently available to purchase (in a store). idioms

  • Do you have any more of these cute mugs in stock?
 

57. Hereby: As a result of this document or utterance. adverb

  • The Port Authority hereby solicits proposals from developers. 
 

58. In storage: In storage means a place where things can be kept safely when they are not being used.

  • He kept his belongings in storage until he found an apartment.
 

59. Inadequate packing: Damage may result from inadequate packaging of the food in the country of origin and not because of improper handling during shipping or discharge.

  • The molder must recognize the dangers of excessive fill speed, insufficient injection pressure, excessive melt temperature, and inadequate packing
 

60. Included

A: Contained as part of a whole being considered. adjective

  • All of Europe (Britain included). 

B: Comprise or contain as part of a whole. verb

  • The price includes dinner, bed, and breakfast. 

C: Make part of a whole or set. verb

  • We have included some hints for beginners in this section.

D: Allow (someone) to share in an activity or privilege. verb

  • There were doubts as to whether she was included in the invitation. 
 

61. Initial order: Initial Order means an order that is not a Permit Order.

  • Our client would like the initial order payment terms at site. 
 

62. Insurance:

A: A practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium. noun

  • Many new borrowers take out insurance against unemployment or sickness.

B: A thing providing protection against a possible eventuality. noun

  • Adherence to high personal standards of conduct is excellent insurance against personal problems.
 

63. Introductory price: An introductory offer or price on a new product is something such as a free gift or a low price that is meant to attract new customers.

  • Zara has an introductory price for all clothing. 
 

64. Invoice: An invoice is a time-stamped commercial document that itemizes and records a transaction between a buyer and a seller. noun

  • The seller has to issue a tax invoice.
 

65. Leaflet

A: A printed sheet of paper, sometimes folded, containing information or advertising and usually distributed free. noun

  • Pick up a leaflet from your local branch.

B: Distribute leaflets to (people or an area).

  • I won't be leafleting neighborhoods. verb
 

66. Liability

A: The state of being responsible for something, especially by law. noun

  • The partners accept unlimited liability for any risks they undertake. 

B: A person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage. noun

  • He has become a political liability. 
 

67. Liable

A: Responsible by law; legally answerable. adjective

  • The supplier of goods or services can become liable for breach of contract in a variety of ways. 

B: Likely to do or to be something. adjective

  • Patients were liable to faint if they stood up too suddenly. 
 

68. Money order: Money order is a printed order for payment of a specified sum, issued by a bank or Post Office.

  • Payment must be by check or money order.
 

69. Negotiate

A: Obtain or bring about by discussion. verb

  • He negotiated a new contract with the sellers. 

B: Find a way over or through (an obstacle or difficult route). verb

  • She cautiously negotiated the hairpin bend. 
 

70. Net price: Net price is the final price paid for goods or services after subtracting tax and any other costs.

  • The above is net price, not including commission. 
 

71. Obliged: Make (someone) legally or morally bound to an action or course of action. verb 

  • Doctors are obliged by law to keep patients alive while there is a chance of recovery.
 

72. On request: In response to an expressed wish.

  • Application forms are available on request. 
 

73. Opportunity: A set of circumstances that makes it possible to do something.

  • We may see increased opportunities for export. 
 
 

74. Order

A: The arrangement or disposition of people or things in relation to each other according to a particular sequence, pattern, or method. noun

  • I filed the cards in alphabetical order.

B: An authoritative command or instruction. noun

  • He was not going to take orders from a mere administrator.

C: A particular social, political, or economic system. noun

  • They were dedicated to overthrowing the established order.

D: The quality or nature of something. noun

  • Poetry of the highest order.

E: Equipment or uniform for a specified purpose or of a specified type. noun

  • The platoon changed from drill order into PT kit.

F: Give an authoritative instruction to do something. verb

She ordered me to leave.

G: Request (something) to be made, supplied, or served. verb

  • My mate ordered the tickets last week.

H: Arrange (something) in a methodical way. verb

  • All entries are ordered by date.
 

75. Order form: A printed form on which a customer writes the details of a product or service they wish to order.

  • A catalogue and order form are included with this mailing.
 

76. Overdraft: A deficit in a bank account caused by drawing more money than the account holds. noun

  • When I left Cambridge I had a $900 overdraft. 
 

77. Overdue

A: Not having arrived, happened, or been done by the expected time. adjective

  • The rent was nearly three months overdue.

B: Having been needed for some time. adjective

  • Reform is now overdue.
 

78. Recipient

A: A person or thing that receives or is awarded something. noun

  • The recipient of the Nobel Peace Prize.

B: Receiving or capable of receiving something. adjective

  • A recipient country.
 

79. Registered letter: Registered mail is a mail service offered by postal services in many countries, which allows the sender proof of mailing via a mailing receipt and, upon request, electronic verification that an article was delivered or that a delivery attempt was made.

  • She sent a registered letter and the Post Office sent her his signed receipt for it, dated May 18.
 

80. Reimbursement: The action of repaying a person who has spent or lost money. noun

  • Reimbursement of everyday medical costs.
 

81. Remittance: A sum of money sent, especially by mail, in payment for goods or services or as a gift. noun

  • Complete your booking form and send it together with your remittance.
 

82. Repeat order: Repeat Order means a fresh contract or order given directly to the same contractor or consultant without going into the normal procurement process, in accordance with the specified conditions and limits contained in the rules.

  • If this initial order is satisfactorily executed, many repeat order will follow.
 

83. Recommend

A: Put forward (someone or something) with approval as being suitable for a particular purpose or role. verb

  • George had recommended some local architects.

B: Commend or entrust someone or something to (someone). verb

  • I devoutly recommended my spirit to its maker.
 

84. Refund

A: Pay back (money), typically to a customer who is not satisfied with goods or services bought. verb

  • If you're not delighted with your purchase, we guarantee to refund your money in full. 

B: A repayment of a sum of money, typically to a dissatisfied customer. noun

  • You are entitled to reject it and insist on a refund. 
 

85. Renew:

A: Resume (an activity) after an interruption. verb

  • The coworkers renewed their campaign to save the company.

B: Extend for a further period the validity of (a license, subscription, or contract). verb

  • Her contract had not been renewed.

C: Replace (something that is broken or worn out). verb

  • A generator was replaced and filters were renewed.
 

86. Request 

A: An act of asking politely or formally for something. noun

  • A request for information. 

B: Politely or formally ask for. verb

  • He received the information he had requested.
 
 

87. Retail

A: The sale of goods to the public in relatively small quantities for use or consumption rather than for resale. noun

  • The product's retail price.

B: Being sold by retail or at a retail price. adverb

  • It is not yet available retail.

C: Sell (goods) to the public by retail. verb

  • The difficulties in retailing the new products.

D: Relate or repeat (a story) in detail. verb

  • His inimitable way of retailing a diverting anecdote.
 

88. Replacement: The action or process of replacing someone or something. noun

  • The replacement of religion by poetry. 
 

89. Requirement: A thing that is needed or wanted. noun

  • Choose the type of window that suits your requirements best.
 

90. Respite

A: A pause or rest from something difficult or unpleasant. noun

  • We worked for hours without respite.

B: A useful delay before something unpleasant happens. noun

  • Their teacher was away, so they had a day's respite before their essays were due.
 

100. Retail price: The retail price is the final price that a good is sold to customers for, those being the end users or consumers.

  • The retail price index is published monthly.
 

101. Reward sales: Rewards sales are incentives, bonuses, and other motivation tools that help leadership boost rep performance.

  • Reward sales generated from banner impressions.
 

102. Sample

A: A small part or quantity intended to show what the whole is like. noun

  • Investigations involved analysing samples of handwriting. 

B: A sound or piece of music created by sampling. noun

  • Piano samples.

C: Take a sample or samples of (something) for analysis. verb

  • Bone marrow cells were sampled. 

D: Ascertain the momentary value of (an analogue signal) many times a second so as to convert the signal to digital form. verb

  • The input signal must be sampled at twice its highest frequency. 
 

103. Shipment: The action of shipping goods. noun

  • Logs waiting for shipment. 
 

104. Sold out: The meaning of SOLD-OUT is having all available tickets or accommodations sold completely and especially in advance.

  • Hardware stores have sold out of water pumps and tarpaulins.
 

105. Spare parts: A duplicate part to replace a lost or damaged part of a machine.

  • Where can I get spare parts for my bike?
 

106. Satisfy a requirement or meet requirements: If you satisfy the requirements for something, you are good enough or have the right qualities to fulfil these requirements.

  • Export-oriented enterprises have to meet requirements of target markets by all means.
 

107. Ship

A: Transport (goods or people) on a ship. verb

  • We dismantled the machine and shipped it in pieces.

B: Forming nouns denoting a quality or condition. suffix

  • Companionship.

C: Forming nouns denoting status, office, or honor. suffix

  • Ambassadorship.

D: Forming nouns denoting a skill in a certain capacity. suffix

  • Entrepreneurship.

E: Forming nouns denoting the collective individuals of a group. suffix

  • Membership.
 

108. Statement of account: A statement of accounts is a document that reflects all transactions that took place between you and a particular customer for a given period of time.

  • Please refer to the attached Statement of Account for you total outstanding tax balance.
 

109. Sign

A: An object, quality, or event whose presence or occurrence indicates the probable presence or occurrence of something else. noun

  • Flowers are often given as a sign of affection.

B: A gesture or action used to convey information or instructions. noun

  • She gave him the thumbs-up sign.

C: A notice that is publicly displayed giving information or instructions in a written or symbolic form. noun

  • I didn't see the stop sign.

D: The positiveness or negativeness of a quantity. noun

  • The last four bits hold a pattern to represent the sign of the number.

E: Write one's name on (a letter, card, or similar item) to identify oneself as the writer or sender. verb

  • The card was signed by the whole class.

F: Use gestures to convey information or instructions. verb

  • She signed to her coworker to leave the shift.

G: Mark or consecrate with the sign of the cross. verb

  • He signed himself with the cross. 
 

110. Substantially reduced: Substantial reduction means a reduction of 25 percent or more in the total dollar value of funds obligated by the contract.

  • Public opinion polls consistently support substantially reduced penalties, and often decriminalisation or limited legalisation. 
 

111. Store

A: A quantity or supply of something kept for use as needed.

  • The restaurant has a store of food. noun

B: Keep or accumulate (something) for future use. verb

  • A small room used for storing products. 
 

112. Subscribe

A: Arrange to receive something regularly, typically a publication, by paying in advance. verb

  • Subscribe to the magazine for twelve months and receive a free T-shirt. 

B: Express or feel agreement with (an idea or proposal). verb

  • We prefer to subscribe to an alternative explanation.

C: Sign (a will, contract, or other document). formal verb

  • He subscribed the will as a witness.
 

113. Short-listed: Put (someone or something) on a shortlist. verb

  • The novel was shortlisted for the Booker Prize. 
 

114. Terms

A: A word or phrase used to describe a thing or to express a concept, especially in a particular kind of language or branch of study. noun

  • The musical term 'leitmotiv'.

B: Each of the periods in the year, alternating with holiday or vacation, during which instruction is given in a school, college, or university, or during which a law court holds sessions. noun

  • The summer term.

C: Conditions under which an action may be undertaken or agreement reached; stipulated or agreed requirements. noun

  • Their solicitors had agreed terms.

D: Give a descriptive name to; call by a specified term. verb

  • He has been termed the father of modern theology. 
 

115. Terms of payment: Payment terms are the conditions surrounding the payment part of a sale, typically specified by the seller to the buyer.

  • What is your regular practice about terms of payment?

116. Mention

A: Refer to something briefly and without going into detail. verb

  • I haven't mentioned it to William yet.

B: A reference to someone or something. noun

  • Their eyes light up at a mention of Sartre.

117. Trade fair: An exhibition at which businesses in a particular industry promote their products and services. noun

  • Conferences and trade fairs are a great way to meet prospective new clients.
 

118. Turnover:

A: The amount of money taken by a business in a particular period. noun

  • A turnover approaching $4 million.

B: The rate at which employees leave a workforce and are replaced. noun

  • High staff turnover left the program with too many young instructors. 
 

119. Under mentioned: Mentioned at a later place in a book or document. 

  • We confirm having sold to you the under mentioned goods. 
 

120. Under separate cover: In a separate envelope.

  • The bill will be sent to you later under separate cover. 
 

121. Unfortunate: Having or marked by bad fortune; unlucky. adjective

  • He was unfortunate to lose in the final round.
 

122. Unit price: A unit price is the price for one item or measurement, such as a pound, a kilogram, or a pint, which can be used to compare the same type of goods sold in varying weights and amounts.

  • Our standard unit price to the wholesaler is 23.5.
 

123. Unsalable: Not able to be sold. adjective

  • The house proved unsalable.
 

124. Valid: Of an argument or point) having a sound basis in logic or fact; reasonable or cogent. adjective

  • A valid criticism.
 

125. Value

A: The regard that something is held to deserve; the importance, worth, or usefulness of something. noun

  • Your support is of great value.

B: A person's principles or standards of behavior; one's judgment of what is important in life. noun

  • They internalize their parents' rules and values.

C: The numerical amount denoted by an algebraic term; a magnitude, quantity, or number. noun

  • The mean value of x.

D: Estimate the monetary worth of (something). verb

  • His estate was valued at $45,000.

E: Consider (someone or something) to be important or beneficial; have a high opinion of. verb

  • She had come to value her privacy and independence. 
 

126. Warehouse

A: A large wholesale or retail store. noun

  • A discount warehouse.

B: Store (goods) in a warehouse. verb

  • The pallets were warehoused the following day. 
 

127. Warrant

A: A document issued by a legal or government official authorizing the police or some other body to make an arrest, search premises, or carry out some other action relating to the administration of justice. noun

  • Magistrates issued a warrant for his arrest. 

B: Justification or authority for an action, belief, or feeling. noun

  • There is no warrant for this assumption.

C: Justify or necessitate (a certain course of action). verb

  • That offense is serious enough to warrant a court martial. 
 

128. Waybill: A list of passengers or goods being carried on a vehicle. noun

  • An air waybill.
 

129. Wholesale

A: The selling of goods in large quantities to be retailed by others. noun

  • If you want to sell large expensive pieces then wholesale is probably not the way to go.

B: Being sold in large quantities to be retailed by others. adverb

  • Bottles from this region sell wholesale at about $72 a case.

C: Done on a large scale; extensive. adjective

  • The wholesale destruction of the natural order.

D: Sell (goods) in large quantities at low prices to be retailed by others. verb

  • Imported clothing, which he now wholesales to 20 retail stores.
 

130. With reference to: About or concerning (something or someone) : in relation to I have something further to add with reference to what was said earlier.

  • I am writing with reference to your job application.
 

131. Within a week/month: Within a week means how long it'll take, no more than seven days to do.

  • We guarantee to deliver your goods within a week.
 
 
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