🗣️ Professional English

The specific conditions of an agreement.

“Let's review the payment terms before signing.”

The latest time or date something must be finished.

“The deadline for the proposal is next Thursday.”

Something you agree to give in order to reach a deal.

“We made a small concession on the price to close the deal.”

To complete and confirm the last details of something.

“Let's finalize the contract by end of week.”

The amount of money planned for something.

“Our marketing budget for this quarter is limited.”

A stated price for goods or services.

“Can you send me a quote for 500 units?”

The total money a business earns from sales.

“Revenue grew by 20% this year.”

The money left after costs are subtracted from revenue.

“The company made a small profit this quarter.”

Money spent on something.

“Travel expenses will be reimbursed.”

Money put into something to earn a future return.

“The new equipment was a good investment.”

A person or company that pays for goods or services.

“We onboarded three new clients this month.”

A company that supplies goods or services to another business.

“We switched to a cheaper vendor for office supplies.”

A written agreement between two parties.

“Please review the contract before signing.”

A document requesting payment for goods or services.

“I've sent the invoice for last month's work.”

A newly established, usually small, business.

“She joined a tech startup right after graduation.”

A business that sells similar products or services.

“Our main competitor launched a similar product.”

The percentage of total sales a company controls in its industry.

“We grew our market share by 5% last year.”

A plan to achieve a long-term goal.

“We need a clearer marketing strategy.”

Doing something well without wasting time or resources.

“The new process is much more efficient.”

Able to grow easily without major extra cost.

“We built a scalable solution that can handle more users.”

Able to continue over a long time without running out of resources.

“We're aiming for sustainable business growth.”

An outcome good for both sides in a negotiation.

“We found a win-win solution for the contract terms.”

To end a negotiation without an agreement.

“Sometimes it's better to walk away than accept a bad deal.”

The lowest acceptable outcome, or the most essential point.

“Our bottom line is a 10% discount, no less.”

The specific rules of an agreement.

“Read the terms and conditions before signing.”

To compromise so both sides give something up.

“Let's meet halfway on the price.”

The last proposal, not open to further negotiation.

“This is our final offer — take it or leave it.”

To argue back and forth about a price.

“They haggled over the price for ten minutes.”

A legally enforceable agreement.

“Once signed, this becomes a binding agreement.”

Honest intention to reach a fair agreement.

“Both sides negotiated in good faith.”

A person who owns shares (part-ownership) in a company.

“Shareholders vote on major company decisions.”

The full process of producing and delivering a product.

“The supply chain was disrupted by the storm.”

The planning and handling of moving goods or resources.

“Logistics is a major cost for delivery companies.”

Gathering information about customers and competitors.

“Market research showed strong demand for the product.”

The identity and reputation of a company or product.

“They spent years building a trusted brand.”

Keeping existing customers loyal to a business.

“Good service improves customer retention.”

A specific source of income for a business.

“Subscriptions became their main revenue stream.”

Ongoing business expenses not tied to a specific product, like rent.

“Overhead costs include rent, utilities, and insurance.”

The point where income equals costs, with no profit or loss.

“The business reached its break-even point in year two.”

Two companies combining into one.

“The merger created the region's largest logistics company.”

When one company buys another.

“The acquisition was completed last quarter.”

A unit of ownership in a company.

“He owns stock in several local companies.”

The percentage of revenue kept as profit.

“Their profit margin is around 15%.”

A business performance report published every three months.

“The quarterly report showed strong sales growth.”

Something that makes a company better than its rivals.

“Fast delivery is their main competitive advantage.”

To hire an outside company to do a task instead of doing it internally.

“They outsource their accounting to a local firm.”

The ability of a business to grow without major extra cost.

“Investors look closely at a startup's scalability.”

A careful investigation before a business deal.

“The investor did due diligence before signing.”

A short slide presentation used to explain a business idea to investors.

“She prepared a pitch deck for the investor meeting.”