Business English Words

Business English Words list and explanations/definitions;

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
Merger	The joining of two or more companies to make one larger company
Annual	happening once a year

Wage	is the money that someone is paid every week by their employer
Earning	is the total amount of money you earn from the job you do
Biannual	happening twice a year
Billboard	signboard for advertising posters
Scarcity	a very small supply of resources; a lack of something
Annual	happening once a year