English words on the topic “Economy, business” (nouns). Political and Economic English

business vocabulary common not only in the business sphere, many of the words below are common in ordinary everyday speech, for example: store - store, price - price, product - goods, products, etc.

Notes have been added to some words - you can find them at the end of the page.

Examples:

In the examples, not all possible meanings of words are given, but only one or two basic ones related to a given part of speech and topic. If you want to know more meanings and examples, use online dictionaries and translators.

• price– price

price tag - price tag

The price is high (low). – The price is high (low).

• tax- tax

All citizens pay taxes. All citizens pay taxes.

• cost- price

at all costs - at any cost

What is the cost of this? – What is the cost of this?

• product- product (goods)

We produce the best product in the country. We produce the best product in the country.

• organization– organization

I am the founder of the organization. “I am the founder of the organization.

• economy- economy

The economy is in crisis. - The economy is in crisis.

• bank– bank

bank account - bank account

The gang has robbed the bank. The gang robbed a bank.

• agency– agency

detective agency - detective agency

• store– shop (warehouse)

He went to a furniture store. He went to a furniture store.

• fund– fund

The company has a fund for emergencies. The company has an emergency fund.

• stock stock, stock of something

Our food stock is low. Our food supply is running out.

She buys and sells stocks (shares). She buys and sells shares.

• loss– damage

One wrong decision caused huge losses. They wrong decision caused huge losses.

• trade– trade

Trade is always better than war. Trade is always better than war.

• deal- deal

to make a deal - make a deal

• bill– bill (e.g. in a restaurant)

Bill please! - The check, please!

to pay the bills - pay bills

• benefit– benefit, benefits for the employee (insurance, vacation, etc.)

The discovery of oil brought many benefits to the town. – Finding oil has brought many benefits (positive effects) to the city.

My job gives medical benefits. – My work gives advantages in medical care (health insurance).

• firm- company

He works for a low firm. - He works at a law firm.

• management– management (leadership)

Management has offered staff a pay increase. – The management team offered the staff a pay increase.

• charge– fee (price)

We don't take any charge for that. We don't charge any fee for this.

• property– property

private property - private property

• base- base, foundation

We want to expand our customer base. We want to expand our customer base.

• owner- owner

I am the owner of this restaurant. - I am the owner of this restaurant.

• investment– investments

Education is the best investment. “Education is the best investment.

• consumer- consumer

low consumer demand - low consumer demand

• budget– budget

I am on a tight budget. - My budget is very limited.

• agreement– agreement

We came to the agreement. – We have come to an agreement.

• capital– capital

He keeps his capital in the bank. He keeps his capital in the bank.

• account- account (bank)

I would like to withdraw money from my bank account. I would like to withdraw money from my bank account.

• credit– credit

He bought the car on credit. He bought a car on credit.

• income- income

Job is my only source of income. Work is my only source of income.

• insurance– insurance

Sorry, but your insurance doesn't cover it. Sorry, but your insurance does not cover this case.

• sales- sales

Car sales a low this year. Car sales are low this year.

Examples:

Examples:

• sale– sale (sale)

The house if for sale. - The house is for sale (put up for sale).

• foundation foundation (creation of something)

the foundation of a new company - the foundation of a new company

• goods- products

We sell different goods from many states. We sell different products from many states.

• marketing– marketing

Marketing is vital for good sales. “Marketing is vital to good sales.

• poverty- poverty

Millions of people live in poverty. Millions of people live in poverty.

• spending(spendings) - expenses

They'll have to cut their spending (spendings). They will have to cut their spending.

• evaluation- grade

evaluation of real estate

• commission– commission

The salesperson in on commission. - The seller works for a commission ("percentage").

• deficit– deficit

budget deficit - budget deficit

• estimate- grade

I made a rough estimate of the likely cost. “I made a rough estimate of the likely cost.

• enterprise- company

This is a state-owned enterprise. - This is a state enterprise.

• employment- employment

employment agency

• wealth- wealth

poverty and wealth - poverty and wealth

• brand– brand

Coca Cola is one of the most expensive brands in the world. - Coca Cola is one of the most expensive brands in the world.

• stake- stock

He holds a ten percent stake in the company. He owns ten percent of the company's shares.

• corporation– corporation

He used to work in a large corporation but now he works in a small company. He used to work for a big corporation, but now he works for a small company.

• provision- supply, supply

Our work in impossible without the provision of good internet connection. “Our work is impossible without a good Internet connection.

• fortune- condition (monetary)

to make a fortune - make a fortune

• shopping- Shopping

Shopping might be addictive. – Shopping can be addictive.

• finance– finance

finance department - financial department

the company's finances - company finances

• transfer– transfer, transfer (e.g. cash)

Why was my money transfer declined? Why was my money transfer rejected?

• treatment- agreement (between countries), negotiations

The peace treaty has been signed. - The peace treaty has been signed.

• license(Br.) license (Am.) - license

driving license (Br.), driver's license (Am.) - driver's license

• establishment foundation (creation of something), organization

The establishment of the organization is our priority now. “Now our priority is to found an organization.

educational establishment - educational organization

• partnership– partnership

Our partnership is productive. “Our partnership is productive.

• buyer- buyer

I am looking for a buyer for my car. – I am looking for a buyer for my car (a person who will buy a car)

• stability– stability

We need some stability in our lives. We need some stability in our lives.

• customer- customer, customer

You are the first customer today. You are the first buyer today.

• client- customer

Is the client always right? Is the client always right?

• package- package

The package has been delivered. - The package has been delivered.

• business– business

He runs his own business. - He runs his own business.

Notes:

• Difference between advertising and commercial

Under advertising usually understand advertising in print, outdoor advertising, advertising as a publication. Also the word advertising refers to advertising as a business process. TV commercials are called commercial. In colloquial speech, the word advertising very often shortened to ad.

• Difference between store and shop

Both words are translated as “shop”, but they mean several different types of shops. There are also similar words grocery, mall, supermarket.

1. Store- This is usually a department store, a large store with different types of goods.
2. shop- a store with one type of goods, a shop. However, shop and store are often used interchangeably.
3. Grocery- grocery store.
4. Mall- a large shopping center, mall.
5. supermarket- supermarket, self-service store. However, if this is a grocery store, then it will be called a mall rather than a supermarket.

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Do you want to improve your spoken English? Learning colloquial phrases and expressions is just where to start!

This article contains everything you need in a conversation on absolutely any topic. You will make your speech richer and more varied, and communication with people more enjoyable and exciting!

Greetings and goodbyes

Of course, you can always get by with the words “Hello”, “How are you?” and “Goodbye”, but there are more diverse ways to say hello and goodbye, especially in a friendly setting (for example, in a group):

Introductory words

They make sentences more coherent and help the other person follow your train of thought. They also give you time to pick up words without creating large pauses in speech.

Ways to express agreement or disagreement

There are many shades between "yes", "no" and "maybe". Whether you want to evade a direct rejection or, on the contrary, express your enthusiasm, these expressions will help you:

Polite phrases

Always nice in any language. Be sure your interlocutor will appreciate the knowledge of these phrases, whether it be gratitude, apology or just courtesy.

Ways to keep up the conversation and respond to what was said

Undoubtedly, the most popular conversational reaction is the word “Really?” Depending on intonation, it can express a variety of emotions, from sarcasm and irony to surprise and sincere delight. But, of course, there are other ways to show interest in what has been said:

economic English.

Hegemony(Greek ηγεμονία, “leadership, management, leadership”) - primacy, superiority in strength, influence. Historically, the term was used to denote the supremacy of the most powerful city-state from the union of Greek policies.

To be honest, I am not a political person, but the current situation in the economic and political sector of Russia leaves much to be desired. Let's see what Western political scientists think about financial and political forecasts. Is it all so sad? Let's analyze the news and the opinion of political scientist George Friedman (George Friedman) about the forecasts in Russia, Ukraine and our relations with the West. Here I will help you with economic and political terms and expressions from an article in English, which is quite easy to understand (Intermediate Level). I will also insert some interesting remarks about Mr. Friedman's Russia. Also, please see my post.

economic expectations - economic expectations

foremost - the most important, prominent

plunge of the ruble - a sharp drop in the ruble

decline in oil prices - decrease in oil prices

general slowdown - general slowdown

effect of Western Sanctions - the effect of Western sanctions

decline in the ruble - decline of the ruble

real impact - real impact

inflation - inflation

bluff - bluff

pivot of the conversation - the main topic of the conversation

policy towards Ukraine - policy towards Ukraine

Russians' strength is that they can endure things that would break other nations.- The strength of the Russians is that they can withstand things that would break other nations.

Interesting idea.

harsh - hard

seizing the assets of Western companies- seizing the assets of Western companies

curtailing agricultural imports- reduction of agricultural imports

cut off natural gas - cut off gas supply

increased sanctions -increasing sanctions

oil price drops - decrease in oil prices

Economic downturns - economic downturn

Opinion:

Russians don't respond to economic pressure as Westerners do- Russians do not respond to economic pressures in the same way as the West.

An interesting note.

propaganda campaign - propaganda activity

invasion - invasion

assertion - statement, statement

high degree of autonomy. - high degree of autonomy

Redrawn map of Serbia - a redrawn map of Serbia

necessary strategic buffer - necessary strategic buffer zone

significant threat - significant threat

pursuing a single objective - pursuing a single goal

military weakness - military weakness

political disunity .-political differences

to impinge - encroach, encroach

Geopolitical - geopolitical

Immediate issue - an urgent issue

Attempt to embarrass the president- an attempt to embarrass the president

cope with the existing sanctions- deal with existing sanctions

endure economic problems - endure economic problems

affirm significance - affirm significance

Curious wording:

But obviously, nothing is more dangerous than wounding a bear. Killing him is better, but killing Russia has not proved easy.

But, obviously, there is nothing more dangerous than hurting a bear. Killing him is better, but as it turned out, not so easy.

fundamental strategic importance- fundamental strategic importance

rising power - power increase

I will also give an excerpt from the article and translate it. Either way, stay positive and look ahead.

The United States and Europe have trouble understanding Russia's fears. Russia has trouble understanding particularly American fears. The fears of both are real and legitimate. This is not a matter of misunderstanding between countries but of incompatible imperatives. All of the good will in the world - and there is precious little of that - cannot solve the problem of two major countries that are compelled to protect their interests and in doing so must make the other feel threatened. I learned much in my visit. I did not learn how to solve this problem, save that at the very least each must understand the fears of the other, even if they can’t calm them.

Europe and the US have some difficulty understanding Russia's concerns. Russia has big problems understanding American fears. Fears are equally real and justified. This is not a matter of misunderstanding between countries, but a matter of mismatched political ambitions. All the goodwill in the world, and there is precious little of it, cannot solve the problem of two huge mammoths who are forced to protect their interests and thus feel threatened by each other. I learned so much during my visit to Moscow. But I still don't understand how to solve the problem. The only thing left clear is that each country must understand the other's fears, even if they cannot assuage them.

P.S Anti-whining everyone and have a great day!