Master 186 English Business Vocabulary Words: From Due Diligence to Notice Period
Learn 186 business English terms with flashcards: finance, contracts, HR and trade, grouped into contrast clusters like client vs customer and bid vs tender.
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Business English is less about rare words than about near-synonyms that mean different things on a contract. A client is not a customer, a quote is not a tender, and a redundancy is not a termination. The Flip It deck DC0039 — English Business Vocabulary (186 cards) covers exactly that ground, from finance to HR to trade law. Here is how to get through it without mixing everything up.
Study this deck: English Business Vocabulary
1 / 10Negotiation
Tap the card for the answer · swipe right if you knew it, left if not
What the deck covers
Each card gives an English term on the front and a one-line English definition on the back. The order follows a workday: finance, companies, supply chain, marketing, meetings, HR, contracts, trade, customers, then work arrangements.
| Front | Back |
|---|---|
| Due diligence | Comprehensive appraisal of a business before signing a contract |
| Overhead | Ongoing business expenses not directly attributed to creating products |
| Equity | The value of ownership interest in a company |
| Minutes | A written record of what was discussed and decided at a meeting |
| Procurement | The process of finding and acquiring goods or services |
| Tender | A formal offer to supply goods or services at a fixed price |
| Arbitration | Resolution of a dispute by an impartial third party |
| Redundancy | Dismissal from a job due to the position no longer being necessary |
| Notice period | The time between resignation and leaving a job |
You'll learn: revenue, profit margin, cash flow, dividend, asset, liability, invoice, audit, compliance, merger, acquisition, subsidiary, joint venture, IPO, bond, commodity, logistics, inventory, outsourcing, vendor, target market, market share, ROI, KPI, milestone, agenda, action item, onboarding, probation, compensation, NDA, clause, amendment, breach, litigation, settlement, mediation, bid, quote, purchase order, customs, tariff, quota, exchange rate, inflation, recession, SWOT analysis, executive summary, pitch, prospectus, warranty, refund, retention, referral, webinar, overtime, roster and freelancer.
Study it by contrast clusters, not in order
The deck's real difficulty is that neighbouring cards sit side by side without being compared. Group them into mini-tables of 3-4 terms and write one distinguishing feature per row:
- Client / Customer / Consumer (cards 56-58): a client buys a service and has an ongoing relationship; a customer buys goods; a consumer is the end user, who may not be the buyer.
- Proposal / Bid / Quote / Tender (119-122): a tender is the formal, often public, competitive process; a quote is a price; a bid is your offer inside that competition.
- Resignation / Termination / Redundancy (82-84): who ends the job, and whether it's the person or the position that goes.
- Litigation / Arbitration / Mediation / Settlement (113-117): arbitration produces a binding decision, mediation only helps the parties agree.
- Warranty / Guarantee (154-155): the deck defines them almost identically; in practice a warranty is a written, often contractual commitment to repair or replace.
Cards to fix before your first review
- Cards 1-18 describe Business English as a subject (lingua franca, native speaker, grammar, vocabulary, communication skills). They won't help you in a meeting — suspend them.
- Turnover (card 33) stacks two meanings behind an or: total sales (UK usage) and staff turnover. Split it into two cards.
- Testimonial (card 150) gives the old sense of a character reference; in marketing today it means a customer quote praising a product.
- Several cards are British English: redundancy (US layoff), annual leave (US vacation or PTO), roster (US schedule). Tag them UK so you know which one you're saying.
Add the verbs
All 186 cards are nouns, but business English is spoken in collocations. On the back of the key cards, add the verb that goes with the noun: negotiate a deal, chair a meeting, take the minutes, submit a bid, issue an invoice, hand in your notice. Our guide to 199 English phrasal verbs covers many of them, and the English Academic Vocabulary article is the right next step for reports and formal writing.
Open Flip It and search for DC0039 — English Business Vocabulary in the library to start.
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