Topic: New Business (Business English lesson)

Cash flow

The amount of money moving into and out of a business.

Economic growth

Increase in the production of goods and services in a country.

Interest rate

Cost of borrowing money.

Exchange rate

Price at which one currency can buy another.

Inflation rate

General increase in prices, causing the value of money to fall.

Balance of trade

Difference in value between a country's imports and exports.

Import

Buy/bring goods from another country.

Export

Send goods to another country for sale.

Monetary policy

Actions by the government or central bank to control money supply and interest rates.

Stable

Not likely to change or fail; steady.

Foreign investment

Investment made by a company or individual in one country in business interests in another country.

Tax incentives

Reductions in taxes to encourage businesses or individuals to invest or spend.

Labour force

All the people in a particular country who are of the right age to work.

GDP

The total value of goods and services produced by a country in one year.

Stimulate

To encourage something to grow, develop, or become active.

Reputation

The beliefs or opinions that people have about someone or something.

Acquaintances

A person whom you know but do not know well.

Innovation

The creating and use of new ideas or methods.

Turbulence

A state of rough or violent movement, especially in air or water.

Damp

Slightly wet, often in a way that is unpleasant.

Hazy

Not clear, especially because of heat; not remembering things clearly.

Mild

Not very cold or not as cold as usual; gentle.

Roasting

Very hot; the act of criticizing someone in an angry way.

Overcast

With clouds in the sky and therefore not bright and sunny.

Sacrifice

To give up something that is valuable to you in order to help another person.

Aviation

The activity of flying aircraft, or of designing, producing, and keeping them in good condition.

Pharmaceuticals

Relating to the production of medicines.

Premises

The land and buildings owned by someone.

Grant

Money given for a particular purpose.

Subsidy

Money given as part of the cost of something.

USP

A marketing statement that differentiates a product or brand from its competitors.

Qualification

An ability, characteristic, or experience cultivated and learned.

Target group

The particular group of people that an advertisement is intended to reach.

Forecast

A statement of what is judged likely to happen in the future.

Expenditure

Spending or the act of spending money.

Profit & Loss account/Income statement

Accounts which show income & expenditure.

Return on investment

The money you expect to get back on the amount you invested.

Sales

The number of items sold.

Revenue

The income received from selling a product or service.

Income

Money that is earned from doing work or received from investments.

Profit

Money that is earned in trade or business after paying the costs.

Loan

An amount of money that is borrowed and has to be paid back.

Gourmet

(of food) very high quality.

High-class

Describes exclusive, premium, luxurious products or services.

Ingredients

A food used with other foods in the preparation of a particular dish.

Cater

To provide, and sometimes serve, food.

Utensils

A tool, instrument, cookware.

Customised

Made or changed according to the buyer's or user's needs.

Biodegradable

Able to decay naturally and in a way that is not harmful to the environment.

Full-time mother & grandmother

A woman who spends all of her time taking care of her children and grandchildren.

Relocate

To move or move something or someone from one place to another.

Estimate

To guess or calculate the cost, size, value, etc. of something.

Sector

One of the areas into which the economic activity of a country is divided.

Automotive

Relating to road vehicles.