Business vocabulary 176-200

overdrawn

adjective: having taken more money from an account than it contained; also, having had more money taken from an acc. than it contained

ownership

noun: [U] the state or fact of owning something; also, the fact of taking responsibility for an idea or problem

pack

noun: [U] the state or fact of owning something; also, the fact of taking responsibility for an idea or problem

package

noun: [C] an object or set of objects wrapped in paper, usually to be sent by post; also, the pay and other advantages that a manager receives

packed

adjective: completely full

pay off

phrasal verb: [I] if something you have done pays off, it is successful; also, [T] to pay all of the money that you owe

payable

adjective: [after verb] used for saying how, when or to whom an amount of money should be paid

payment

noun: [C] an amount of money that has been paid or is expected to be paid; also, [U] the act of paying or being paid a sum of money

a peak

noun: [C] a period during which something reaches its highest level, price, rate, etc.

peak (adj)

adjective: [before noun] relating to the highest level, price, rate, etc. that something reaches

to peak

verb: [I] to reach the highest level, price, rate, etc.

penalty

noun: [C] an amount of money that someone is forced to pay for failing to obey a rule, law, etc.

percentage

noun: [C] an amount of something, expressed as a number out of 100; also, [sing.] a part of the profit received for selling something

pick up

phrasal verb: [I] to improve

premises

noun: [plural] the buildings and land owned or used by someone, especially by a company or organization

a premium

noun: [C] an amount of money that is more than usual; also, an amount of money paid to get insurance

premium (adj)

adjective: of very high quality; also, very high or higher than usual

a price

noun: [C] the amount of money for which something is sold; also, [sing.] the unpleasant results that you must accept for getting or doing something

to price

verb: [T often passive] to say what the price of something is

priceless

adjective: use to describe something with such a high value that its price cannot be calculated; also, used to describe a skill or quality that is very useful

primary

adjective: more important than anything else; also, relating to agriculture, forestry, and the extractive industries or their products

to produce

verb: [T] to make or grow something to be sold; also, to make a particular thing happen or to organize the financial arrangements for a film, TV programme, etc.

the produce

noun: food that has been grown on a farm, especially to be sold

the / a profit

noun: [C or U] money that is earned in trade or business, especially after paying the costs of producing and selling goods and services

to profit

verb: [I] to earn money or gain an advantage from something