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Marketing vocabulary 1

a brand noun
a type of product made by a particular company:
What brand of soap do you usually buy?

launch verb
to introduce a new product, with advertising and publicity:
We plan to launch the new product next month.

a consumer noun
a person who buys goods or services:
The rise in transport cost will mean higher prices for the
consumer.

an end user noun


the person who buys and uses a product, as opposed to someone
who buys then sells the products:
The new software makes the system easier for the end user.

market research noun


collecting and processing of information about customers - how
they feel about a product and why they will or will not use a
product or service:
Market research shows that there is demand for another large
supermarket in the area.

public relations noun


creating and maintenaning a good image with your customers and
the public:
After the recent scandal, the company has started a new
advertising campaign to help improve public relations.

Marketing vocabulary 2
Brand identity noun
How a company wants the consumer to see its product. The
company may want the customer to see the product as a luxury
item or perhaps a cheaper item.

Brand image noun


How a company's product is perceived (seen) by the consumer.

Banner ad noun
An advertisment seen on the internet, often in the form of a
rectangle at the top of an internet page. It has a large headline
and sometimes moving or flashing colours and images.
They placed a banner ad at the top of each page.

Circulation noun
About a newspaper or magazine - the average number of copies
distributed. For billboards and posters outdoors - the number of
people who will potentially see it.
The magazine has a weekly circulation of 50,000 copies.

Cost per inquiry (CPI) noun


The financial cost of getting one person to inquire (ask) about
your product or service. This term is used in direct response
advertising.
The advertisment cost us $1000. As a result, we had 200 calls
from customers, so CPI was $5.

Direct mail noun


Marketing leaflets or letters sent directly to customers or potential
customers via the postal service.
We used direct mail to inform our customers about our new
special offer.
We sent it by direct mail.

Macromarketing noun
When a company adapts itself (changes the product, price, image,
etc.) because of changes in the market and in the industry.

Advertising

1 ad abbr. advertisement - advert abbr.

2 advertisement n. item of publicity for a product or service, in magazine, on TV


etc

3 advertising n. company specialising in producing and placing


agency advertisements for clients

4 AIDA abbr. Attention, Interest, Desire, Action - the objective of all


advertisements
5 benefit n. advantage of a product or service, usually derived from its
features

6 billboardUS n. signboard, usually outdoors, for advertising posters;


hoardingUK

7 circulation n. average number of copies of a magazine sold in a particular


period

8 classified ads n. small advertisements in magazine or newspaper categorised


by subject

9 commercial n. paid advertisement on radio or TV

1 coupon n. part of a printed advertisement used for ordering goods,


0 samples etc

1 double-page n. advertisement printed across 2 pages in a magazine or


1 spread newspaper

1 eye-catcherUS n. something that especially attracts one's attention - eye-


2 catching adj.

1 features n. special characteristics of a product, usually leading to certain


3 benefits

1 hoardingUK n. signboard, usually outdoors, for advertising posters;


4 billboardUS

1 poster n. large sheet of paper, usually illustrated, used as


5 advertisement

1 prime time n. hours on radio & TV with largest audience, esp. the evening
6 hours

1 promote v. to (try to) increase sales of a product by publicising and


7 advertising it

1 slot n. specific time in a broadcasting schedule, when a commercial


8 may be shown

1 target n. objective; what one is aiming at - target audience n.


9

2 U.S.P. abbr. Unique Selling Proposition; what makes a product different


0 from others

Banking
1 balance n. the difference between credits and debits in an account

2 bank n. money paid to a bank for the bank's services etc


charges

3 branch n. local office or bureau of a bank

4 checkbookUS n. book containing detachable checks; chequebookUK

5 checkUS n. written order to a bank to pay the stated sum from one's
account; chequeUK

6 credit n. money in a bank a/c; sum added to a bank a/c; money lent by a
bank - also v.

7 credit card n. (plastic) card from a bank authorising the purchasing of goods
on credit

8 current n. bank a/c from which money may be drawn at any time; checking
account accountUS

9 debit n. a sum deducted from a bank account, as for a cheque - also v.

10 deposit n. bank a/c on which interest is paid; savings accountUS


account

11 fill inUK v. to add written information to a document to make it complete; to


fill outUS

12 interest n. money paid for the use of money lent - interest rate n.

13 loan n. money lent by a bank etc and that must be repaid with interest -
also v.

14 overdraft n. deficit in a bank account caused by withdrawing more money


than is paid in

15 pay in v. [paid, paid] to deposit or put money in to a bank account

16 payee n. person to whom money is paid

17 paying-in n. small document recording money that you pay in to a bank


slip account

18 standing n. an instruction to a bank to make regular payments


order

19 statement n. a record of transactions in a bank account

20 withdraw v. [-drew, -drawn] to take money out of a bank account -


withdrawal (n)

Contracts

1 agreement n. an arrangement between two or more people, countries etc;


contract

2 appendix n. additional or supplementary material at end of contract, book


etc

3 arbitration n. settlement of a dispute by a person chosen by both parties - to


arbitrate v.

4 article n. a particular statement or stipulation in a contract etc; clause

5 clause n. a particular statement or stipulation in a contract etc; article

6 condition n. anything necessary before the performance of something else

7 force n. superior, power; unforeseeable event excusing one party from


majeure fulfilling contract

8 fulfil v: to satisfy a condition; to complete the required task; to fulfillUS

9 herein adv: in here; in this (document etc)

1 hereinafter adv: in the following part (of this document etc)


0

1 hereto adv: to this (document etc) [eg: attached hereto]


1

1 heretofore adv: up until now; until the present; before this


2

1 in behalf of in the interests of (person etc); for (person etc); on behalf ofUK
3

1 null and invalid; without legal force; not binding


4 void

1 on the one on one side - on the other hand on the other side
5 hand

1 party n. the person or persons forming one side of an agreement


6

1 stipulate v. to specify as an essential condition - stipulation n.


7

1 terms n. conditions or stipulations


8

1 warrant v. to give formal assurance; to guarantee


9

2 whereas conj: it being the case that; in view of the fact that [in introduction
0 to contracts]

Employment

1 bonus n. additional pay given to employee as incentive or reward

2 curriculum n. short account of one's education, career etc; CVUK; resumeUS;


vitaeUK resumeUS

3 dismiss v. to remove or discharge from employment; to sack [colloq.]; to


fireUS

4 employer n. person or firm who employs people - employee n. person


employed

5 fireUS v. [colloq.] to dismiss

6 interview v. an oral examination of an applicant for a job - also v.

7 make v. [made, made] to dismiss because of not being needed -


redundantUK redundancyUK n.

8 maternity n. period of absence from work (for a woman) when having a


leave baby

9 notice n. advance warning of intention to resign - to give or tender


one's notice v.

10 perk abbr. perquisite; something additional to regular salary [eg: free


meals; a car]

11 personnel n. the people who work for a firm

12 personnel n. manager responsible for recruitment, training and welfare of


officer personnel

13 promotion n. advancement in rank or position - to promote v.

14 prospects n. opportunity for success, promotion etc


15 recruit n. to look for and employ personnel - recruitment n.

16 resign v. to give up a job - letter of resignation n.

17 retire v. to leave employment, esp. because of age - retirement n.

18 salary n. a fixed, regular payment, usually monthly, made by employer


to employee

19 staff n. the people who work for a firm or a particular department;


employees

20 take on v. [took, taken] to employ; to hire

Import-Export

1 bill of lading n. list of goods and shipping instructions; waybill

2 c.&f. abbr. cost & freight: includes shipping to named port but not
insurance

3 c.i.f. abbr. cost, insurance & freight: includes insurance and shipping
to named port

4 cargo n. goods or products that are being transported or shipped

5 certificate of n. a document that shows where goods come from


origin

6 container n. huge box to hold goods for transport - container port n. to


containerise v.

7 customs n. 1 government tax or duty on imported goods 2 officials who


collect this tax

8 declare v. to make a statement of taxable goods - customs declaration


form n.

9 f.a.s. abbr. free alongside ship [includes delivery to quayside but not
loading]

1 f.o.b. abbr. free on board: includes loading onto ship


0

1 freight n. goods being transported; cargo


1

1 irrevocable adj. that cannot be undone; unalterable - irrevocable letter of


2 credit n.

1 letter of n. a letter from a bank authorising a person to draw money from


3 credit another bank

1 merchandise n. things bought and sold; commodities; wares - also v.


4

1 packing list n. a document that is sent with goods to show that they have
5 been checked

1 pro forma n. an invoice or request for payment sent in advance of goods


6 invoice supplied

1 quay n. a solid, artificial landing place for (un)loading ships; wharf -


7 quayside n.

1 ship v. to send or transport by land, sea or air - also n. shipment n.


8

1 shipping n. a person acting for or representing a ship or ships at a port


9 agent

2 waybill n. list of goods and shipping instructions; bill of lading - air


0 waybill n.

Insurance

1 actuary n. a person who calculates risks for insurance companies

2 assessor n. a person who calculates the value of something [eg: a


building, car etc]

3 claim n. an application for payment under an insurance policy - to


make a claim v.

4 comprehensiv n. [of an insurance policy] all-inclusive; providing complete


e protection

5 consequential n. a loss that happens as a consequence of or as a result of


loss another

6 coverUK n. the protection given by an insurance policy [eg: public liability


cover]

7 employer's n. liability or responsibility of a firm for damage caused to one of


liability its employees
8 goods in n. property, merchandise or any goods in the process of being
transit transported

9 insurance n. agent who arranges insurance; middleman between insurer &


broker policyholder

1 liability n. 1 the state of being liable 2 anything for which a person is


0 liable

1 liable adj. legally obliged to pay for damage, injury etc; responsible -
1 liability n.

1 loss n. death, injury, damage etc that is the basis for a claim - to
2 lose v.

1 loss adjuster n. a person who assesses the amount of compensation arising


3 from a claim

1 policy n. a contract of insurance [eg: a product liability policy]


4

1 policyholder n. the person to whom an insurance policy is issued


5

1 premium n. a payment, usually monthly, yearly etc, for an insurance


6 policy

1 product n. liability or responsibility of a firm for damage caused by one of


7 liability its products

1 public liability n. responsibility of a firm for damage caused to a member of the


8 public

1 reinsurance n. the insuring of risk by one insurance company with another -


9 to reinsure v.

2 risk n. 1 chance or possibility of injury, loss etc 2 person or thing


0 causing risk

Meetings

1 A.G.M. abbr. Annual General Meeting

2 A.O.B. abbr. Any Other Business [usually the last item on an agenda]

3 absent adj. not here; not at the meeting; not present


4 agenda n. a written programme or schedule for a meeting

5 apologies n. item on agenda announcing people who are absent; apologies


for absence

6 ballot n. a type of vote, usually in writing and usually secret- secret


ballot n.

7 casting vote n. a deciding vote (usually by the chairman) when the votes are
otherwise equal

8 chairman n. the person who leads or presides at a meeting; chairperson;


chair

9 conference n. formal meeting for discussion, esp. a regular one held by an


organisation

1 conference n. telephone call between three or more people in different


0 call locations

1 consensus n. general agreement


1

1 decision n. a conclusion or resolution to do something - to decide v.


2

1 item n. a separate point for discussion [as listed on an agenda]


3

1 matters n. item on agenda for discussion of what has happened as a result


4 arising of last meeting

1 minutes n. a written record of everything said at a meeting


5

1 proxy vote n. a vote cast by one person for or in place of another


6

1 show of n. raised hands to express an opinion in a vote


7 hands

1 unanimous adj. in complete agreement; united in opinion


8

1 videoconfer n. conference of people in different locations linked by satellite, TV


9 ence etc

2 vote v. to express opinion in a group by voice or hand etc - also n. - to


0 cast a vote v.

Money

1 A.T.M. abbr. Automated Teller Machine; cash dispenserUK

2 banknote n: a piece of paper money; billUS

3 billUS n. a banknote; a piece of paper money

4 black market n. illegal traffic in officially controlled commodities such as foreign


currency

5 bureau de n. establishment where currencies of different countries may be


change exchanged

6 cash n. 1 coins or bank notes (not cheques); 2 actual money paid (not
credit)

7 cash n: automatic machine from which clients of a bank may withdraw


dispenserUK money; ATM

8 cashier n. person dealing with cash transactions in a bank, store etc

9 coin n: a piece of metal money

1 currency n. the money in general use or circulation in any country


0

1 debt n. money etc owed by one person to another


1

1 exchange n. the rate at which one currency can be exchanged for another
2 rate

1 foreign n: the currency of other countries


3 exchange

1 hard n. currency that will probably not fall in value and is readily
4 currency accepted

1 invest v. to put money for profit into business, land etc - investment n.
5

1 legal tender n: currency that cannot legally be refused in payment of a debt


6

1 petty cashUK n. a cash fund for small, everyday expenses


7

1 soft currency n. currency that will probably fall in value and is not readily
8 accepted

1 speculate v. (risky) buying of foreign currency, land etc for rapid gain -
9 speculation n.

2 transaction n. a (usually commercial) exchange; a deal - to transact v.


0

Selling

1 after-sales n. service that continues after a product has been sold [eg:
service repairs etc]

2 buyer n. 1 any person who buys anything 2 a person employed by a


firm to buy

3 client n. a person who buys services from a lawyer, architect or other


professionals

4 close v. to finalise a deal or sale; to make a sale

5 cold call v. to telephone a prospect without previous contact - also n.

6 customer n. a person who buys goods or services from a shop or business

7 deal n. a business transaction - also v. dealer n.

8 discount n. a reduction in the price; a deduction [usually expressed as a


percentage (%)]

9 follow up v. to continue to follow persistently; to maintain contact [eg: after


a lead]

1 guarantee n. a promise that a product will be repaired or replaced etc if


0 faulty - also v.

1 in bulk in large quantity, usually at a lower price


1

1 lead n. useful indication of a possible customer to be followed up


2

1 objection n. a reason given by a prospect for not buying - to object v.


3 seeovercome
1 overcome v. [-came, -come] to overcome an obj-ection to show an
4 objection is invalid

1 product n. something made and usually for sale - to produce v.


5 seeservice

1 prospect n. a possible or probable customer; prospective customer


6

1 representativ n. sales representative person who represents & sells for a


7e firm; salesperson

1 retail v. to sell in small quantities (as in a shop to the public) - also n.


8 see wholesale

1 service n. work done usually in return for payment - to serve v. see


9 product

2 wholesale v. to sell in bulk (as to a shop for resale to the public) - also n.
0 see retail

British and American Financial Terms


Here are some of the main differences between British and American financial terminology.

British American

Annual General Meeting (AGM) Annual Stockholders Meeting

Articles of Association Bylaws

authorised share capital authorized capital stock

barometer stock bellwether stock

base rate prime rate

bonus or capitalisation issue stock dividend or stock split

bridging loan bridge loan

building society savings and loan association

cheque check

company corporation

creditors accounts payable


current account checking account

debtors accounts receivable

gilt-edged stock (gilts) Treasury bonds

labour labor

Memorandum of Association Certificate of Incorporation

merchant bank investment bank

ordinary share common stock

overheads overhead

profit and loss account income statement

property real estate

quoted company listed company

retail price index (RPI) consumer price index (CPI)

share stock

share premium paid-in surplus

shareholder stockholder

shareholders' equity stockholders' equity

stock inventory

trade union labor union

unit trusts mutual funds

visible trade merchandise trade

Business Vocabulary
404: Someone who's clueless. From the World Wide Web error message "404 Not found",
meaning that the requested document could not be located. Example: "Don't bother asking him.
He's 404, man."

adminisphere: The rarefied organizational layers beginning just above the rank and file.
Decisions that fall from the adminisphere are often profoundly inappropriate or irrelevant to the
problems they were designed to solve.
assmosis: The process by which some people seem to absorb success and advancement by
kissing up to the boss. You will all be measured on this at some point in your career.

blamestorming: Sitting around in a group discussing why a deadline was missed or a project
failed and who was responsible. This one will be particularly valuable to those of you who have
projects going right now.

chainsaw consultant: An outside expert brought in to reduce the employee head count,
leaving the brass with clean hands.

clm: Short lingo for "career limiting move". Used among microserfs to describe ill-advised
activity. Trashing your boss while she is within earshot is a serious clm. (Related to clb, "career
limiting behavior".)

dilberted: To be exploited and oppressed by your boss. Derived from the experiences of
Dilbert, the geek-in-hell comic strip character. For example, "I've been Dilberted again. The old
man revised the specs for the fourth time this week."

flight risk: Used to describe employees who are suspected of planning to leave the company
or department soon.

ohnosecond: That minuscule fraction of time it takes to realize that you've just made a big
mistake. (See also clm.)

percussive maintenance: The fine art of whacking the crap out of an electronic device to get
it working again.

salmon day: The experience of spending an entire day swimming upstream only to die in the
end. We've had these before --- and will again.

seagull manager: A manager who flies in, makes a lot of noise, poops all over everything then
leaves. Another word for consultant.

Marketing Glossary - 1

The use of this lexical approach is essential for successful language acquisition in English for Specific Purposes. However,
teachers are often not equipped with the exact English terminology required in very specific trade sectors. For this reason,
core vocabulary sheets go a long way in helping teachers provide adequate materials for students with English for Special
Purposes needs.

These core vocabulary reference sheets provide between 150 and 240 key words and phrases for each industry. Each
series is divided into three pages that, when combined, form an alphabetical list. In taking this lexical approach to
attaining key vocabulary, students should be encouraged to translate the specific words and phrases into their native
tongues as each phrase has a very specific translation in each language.

to act on the price market penetration

after-sales activities market potential


after-sales service market research

assisted brand identification market segmentation

to be competitive market share

to be out of stock market size

behaviour pattern market survey

blind product test market test

brand equity marketing goals

brand extension marketing mix

brand loyalty marketing plan

brand positioning marketing techniques

brand preference mass-market product

brand range maturity phase

brand strategy memory research

brand switching merchandiser

brand value minimarket

branded product mission

buy for fun multipack

buying frequency niche strategy

buying habit one-stop shopping

buying motivation open question

call planning own brand products

cannibalization panel - consumer panel

cartel price parallel import


case history penetration index

cash and carry perceived quality

certificate of guarantee pilot scheme

chain of retailers pilot shop

cluster analysis pilot survey

commercial strategy point of sale (POS)

competition to position

competitive advantage positioning

competitive products potential market

competitiveness premium price

Marketing - Core Vocabulary Sheets Continued

List of 100 Essential Business English Nouns


100 commonly-used nouns you should know and be able to use if you work in an English-
speaking business environment.

Do you know them all? Tick them off as you learn and keep this page as a record.

advantage debtor fall objective repairs


advertise- decision feedback offer report
ment decrease goal opinion responsi-
advice deficit goods option bility
agenda delivery growth order result
apology department guarantee output retailer
authorization description improvement payment rise
bill difference increase penalty risk
brand disadvantage industry permission salary
budget distribution instructions possibility sales
change employee interest preparation schedule
commission employer inventory price share
comparison enquiry invoice product signature
competition environment knowledge production stock
competitor equipment limit profit success
confirmation estimate loss promotion suggestion
costs experience margin purchase supply
creditor explanation market reduction support
customer facilities message refund target
deadline factory mistake reminder transport
debt turnover

100 Essential Business English Verbs


Here are 100 commonly-used verbs you should know and be able to use if you work in an
English-speaking business environment.

Do you know them all? Tick them off as you learn and keep this page as a record.

accept complain extend order reduce


add complete fall organize refuse
admit confirm fix owe reject
advertise consider fund own remind
advise convince get worse pack remove
afford count improve participate reply
approve decide increase pay resign
authorize decrease inform plan respond
avoid deliver install present return
borrow develop invest prevent rise
break dismiss invoice process sell
build dispatch join produce send
buy distribute lend promise separate
calculate divide lengthen promote shorten
call drop lower provide split
cancel employ maintain purchase structure
change encourage manage raise succeed
charge for establish measure reach suggest
check estimate mention receive write
choose exchange obtain recruit vary
List of English irregular verbs - past simple and past
participle
Here is a checklist of English irregular verbs. Use this page as a reference and to test
yourself.

Index A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

verb past tense past participle


arise arose arisen
awake awoke awoken

bear bore borne


beat beat beaten
become became become
begin began begun
bend bent bent
beset beset beset
bet bet/betted bet
bid bid bid
bind bound bound
bite bit bitten
bleed bled bled
blow blew blown
break broke broken
breed bred bred
bring brought brought
broadcast broadcast broadcast
build built built
burn burnt/burned burnt/burned
burst burst burst
buy bought bought

cast cast cast


catch caught caught
choose chose chosen
cling clung clung
come came come
cost cost cost
creep crept crept
cut cut cut

deal dealt dealt


dig dug dug
dive dived/dove (AmE) dived
do did done
draw drew drawn
dream dreamt/dreamed dreamt/dreamed
drink drank drunk
drive drove driven

eat ate eaten

fall fell fallen


feed fed fed
feel felt felt
fight fought fought
find found found
fit fit fit
flee fled fled
fling flung flung
fly flew flown

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