English on the Internet - Business English




Lesson 1

goods
any article or commodity that is the subject of manufacture or trade

economy
a system for the production, distribution and consumption of wealth

economics
the science of the application of wealth

economic
pertaining to economy or economics

economical
careful and saving money

commodity
an article or raw material

profit
the difference between business income and expenses, (financial) gain

market
public meeting of people to buy and sell; open space for this purpose

trade
buying and selling goods; to trade in st.

business
one's work or employment; trade and the getting of money; a shop; duty
Mind your own business - look to your own matters and do not ask about mine

competition
rivalry between companies when trying to be the best

enterpriser (entrepreneur)
a person running a business

production
act of producing, making or manufacturing goods for sale

price
money for which a thing is sold

currency
money; that which is used for money

demand
desire to purchase or possess; the calling for in order to purchase

supply
to provide, to satisfy, to furnish; act of supplying; quantity supplied; store







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