Learn common words used in a business setting.

Business English Vocabulary

A planned reduction in the number of employees needed in a firm in order to reduce costs and make the business more efficient

The person or group who will use the product produced by the project.

Monetization - the process of converting something that once was free into a product that is sold

Outsourcing - contracting out selected functions or activities of an organization to other organizations that can do the work more cost-efficiently

R&D - Research and Development: Business or government activity that is purposely designed to stimulate invention and innovation

Stakeholder - any group within or outside the organization that has a stake in the organization's performance

Venture Capital - money that is invested in new or emerging companies that are perceived as having great profit potential

Wholesale - selling or related to selling goods in large quantities for resale to the consumer

Scalable - The property of a network that allows you to add nodes or increase its size easily.

Party - a person involved in legal proceedings