Source: https://www.fluentu.com/blog/business-english/advanced-business-english-vocabulary/

Business/Professional English

(Verb) To arrange something in an orderly way (such as reports or products) or to plan for a certain function (such as business meetings or events).

"Organize"

"Our sales and marketing team will organize the upcoming Annual Sales Convention in Las Vegas."

(Noun) The act of giving direction or help.

"Guidance"

"Martha, our manager, tells us we can go to her for guidance any time."

(Verb) To increase the size or amount of something (e.g. department or business).

"Expand"

"I hear that your company plans to expand to Europe and China next year."

(Noun) A statement or term in the contract.

"Clause"

"Our legal team has raised some questions about a couple of clauses in the contract."

(Phrase) A contract or clause that’s invalid, non-binding or which has no legal force.

"Null and void"

"Our lease will become null and void in 30 days if we don’t renew it now."

(Noun) Another business that is trying to perform better than your business and others in the same market.

"Competitor(s)"

"Management is concerned about the number of new competitors entering the market this year."

(Noun) An itemized bill showing the list of goods sold or services provided, their prices and the total amount to be paid.

"Invoice"

"Don’t forget that we need to pay within 45 days of receiving the invoice."

(Noun) An offer you make in response to an offer made by another party. If you’re unhappy with an offer someone has made to you, you may make a counteroffer.

"Counteroffer"

"John offered to sell me his used car for $15,000. It’s a nice car but that’s a little too expensive. So I’m going to make him a counteroffer."

(Noun) An officially registered name, symbol or logo used to represent a product or firm. Can also be used as a verb (to trademark something).

It’s similar in some ways to a copyright or a patent, but not the same!

"Trademark"

"One of the most famous trademarks in the world today is the “Golden Arches,” the symbol of McDonald’s."

(Noun) An idea or opinion that’s been agreed on by everyone

"Consensus"

"After a four-hour meeting, the committee still couldn’t come to a consensus, so they’ll be meeting again next week."

(Noun) The activities used to promote and create a good public image of your company so that people will view it in a positive way.

"Public Relations (PR)" 

"I feel that sponsoring the Fitness For All program will be an excellent public relations move."

(Noun) A list of things to be discussed or done at a meeting or business event

"Agenda" 

"Are you sure we can cover everything on today’s agenda in 2 hours?"

(Noun) Things like charts, pictures, maps, etc. that make it easier for your audience to understand something. You commonly use visual aids if you’re giving a presentation or when you’re in a meeting.

"Visual Aids"

"Your visual aids really helped me get a better picture of this complex construction project."

(Noun) The service, such as maintenance and repairs, that you continue to provide after your customer buys your product or service.

"After-sales service" 

"Our company’s after-sales service is considered one of the best in the electronics market."

(Noun) A plan that’s been carefully put together to achieve a certain goal.

"Strategy" 

"Our corporate department is developing a strategy to place our company at the top of the tourism industry."

(Noun) Refers to a general idea about the value, size or cost of something based on a rough calculation.

Estimate can also be used as a verb, but the pronunciation is a bit different.

"Estimate(s)"

"The finance team is requesting estimates from several information technology companies to get an idea of the project cost."

(Noun) A set of tools or devices you need for a special purpose. For instance, office equipment may include photocopiers, cabinets, etc.

"Equipment"

"My manager thinks we should sell off the unused office equipment to create more space."

(Noun) The local office or shop of a company.

"Branch/Branches"

"Our bank will be opening many new branches in smaller cities next year."

(Phrase) Refers to a set of company rules about what clothing may and may not be worn at work (or event).

"Dress code"

"Our company has a strict dress code that requires all customer service staff to wear a suit."

(Verb) To make an assurance, usually in written form, of the quality of your product or service. Noun: guarantee refers to the assurance itself (potentially with a physical document called a warranty).

"Guarantee"

"Don’t worry, all our products come with a guarantee against major defects."

(Phrase) The research you do to collect information about what your customers need or prefer in a certain product or service.

"Market Research"

"New market research shows that food manufacturing is one of our country’s top income earners."

(Noun) Comes from the verb to authorize, which means to give someone the legal or official approval to do something. Authorization refers to the approval itself.

"Authorization"

"A manager’s authorization is required for refunds over $500."

(Noun) An official punishment, usually through a fine or other payment, for breaking a contract.

"Penalty"

"If you don’t pay your suppliers on time, there will be a penalty of 15%."

(Noun) The head office where a company is controlled or managed from. It can be used with a singular or plural verb.

"Headquarters"

"Apple’s new headquarters in Silicon Valley cost around $5 billion to build!"

(Noun) To a paid advertisement on radio or TV.

"Commercial"

"Our marketing department has a brilliant idea for our next Super Bowl commercial."