Vocabulary

Business English Vocabulary and Meaning

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
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