Business English Vocabulary and Meaning
Trademark | A name or symbol that identifies a particular company’s product and that cannot be used without permission |
Market Research | The collecting of information about what products or services people want to use or buy and why |
Brand | A product made or sold by a particularly company |
Product | Something that is made or grown to be sold, often in large quantities |
Launch | The intoduction of a new product or service for sale to the public |
Consumer | A person who buys products or services |
Wholesaler | A person or company that sells products mainly to stores and businesses to be resold by the stores and businesses |
Deficit | the total amount by which money spent is more than money received |
Lucrative | Producing a lot of money; profitable |
Commodity | A substance or a primary product that can be traded or bought and sold usually in large quantities |
Inflation | An increase in the prices of goods and services over time, causing a reduction in the value of money |