These 70 words come up again and again in meetings, reports and work email: stakeholder, deliverable, bottleneck, forecast and more. Each one has a short meaning and an example from the workplace, so you can recognise it in a document and use it in your next meeting.
| # | Word | Meaning | Level | Example |
|---|---|---|---|---|
| 1 | acquisition | the act of obtaining something, usually a company or property | C2 | The acquisition of the startup will strengthen our market position. |
| 2 | agenda | a list of items to be discussed in a meeting | B2 | The agenda for the meeting includes budget updates and project timelines. |
| 3 | agile | able to move quickly and easily; adaptable to change | C2 | Our agile approach allows us to respond to customer feedback quickly. |
| 4 | alignment | the arrangement of items in a straight line; agreement or cooperation | C2 | We need alignment between departments for the project's success. |
| 5 | allocate | to distribute resources or tasks for a specific purpose | B1 | The manager will allocate funds for the new marketing campaign. |
| 6 | asset | something valuable owned by a person or company | B2 | Our main asset is our skilled workforce and innovative technology. |
| 7 | audit | an official examination of financial accounts | C1 | The annual audit revealed several discrepancies in the financial report. |
| 8 | bandwidth | the capacity to handle tasks or workloads | C1 | We have the bandwidth to take on more projects this quarter. |
| 9 | benchmark | a standard for comparing or measuring performance | B2 | We use industry standards as a benchmark for our performance evaluation. |
| 10 | bottleneck | a point of congestion or blockage that slows progress | B2 | The manufacturing process has a bottleneck that delays deliveries. |
| 11 | budget | a plan for managing income and expenses | B2 | We need to create a budget for next year's marketing expenses. |
| 12 | capital | financial resources or assets used for investment | B1 | The company raised capital to expand its product line. |
| 13 | churn | the rate at which customers stop doing business with a company | C1 | High churn rates can signal issues with customer satisfaction or service. |
| 14 | compliance | the act of following rules or laws | B2 | The company is committed to compliance with all industry regulations. |
| 15 | consensus | general agreement among a group of people | C2 | We reached a consensus on the new marketing strategy after lengthy discussions. |
| 16 | consolidate | to combine things into a single, more effective whole | B2 | We need to consolidate our resources to improve efficiency in operations. |
| 17 | contingency | a future event that may happen, affecting plans | C2 | We have a contingency plan in case of unexpected delays. |
| 18 | deadline | the latest time by which something must be done | B2 | We have a deadline to submit the project proposal by Friday. |
| 19 | delegate | to assign tasks or responsibilities to others | C2 | The manager will delegate tasks to team members for the project. |
| 20 | deliverable | a tangible or intangible item produced as part of a project | B2 | The final report is a key deliverable for the research project. |
| 21 | diligence | careful and persistent effort in work or duties | C2 | Her diligence in completing tasks earned her a promotion. |
| 22 | dividend | a share of profits paid to shareholders of a company | C1 | The company announced a dividend for its shareholders this quarter. |
| 23 | efficiency | the ability to achieve maximum productivity with minimum wasted effort | C1 | We need to improve efficiency to reduce operational costs. |
| 24 | endorse | to publicly support or approve something | C2 | The board will endorse the new policy after further discussion. |
| 25 | equity | the value of shares owned in a company or property | C2 | He invests in equity to increase his financial portfolio. |
| 26 | escalate | to increase or intensify in severity or seriousness | C1 | The conflict may escalate if not addressed promptly. |
| 27 | expenditure | the action of spending funds or resources | B2 | The company's expenditure on marketing has increased this year. |
| 28 | feasible | possible to do easily or conveniently; practical | B2 | Is it feasible to complete this project within the budget? |
| 29 | forecast | a prediction or estimate of future events | C1 | The sales forecast for next quarter shows significant growth. |
| 30 | incentive | something that encourages or motivates someone to do something | C1 | We offer bonuses as an incentive to achieve targets. |
| 31 | initiative | an act or strategy intended to resolve a problem | B2 | She took the initiative to improve team communication and collaboration. |
| 32 | innovation | the introduction of new ideas or methods | C1 | Innovation is crucial for staying competitive in the market. |
| 33 | invoice | a document requesting payment for goods or services | C2 | Please send the invoice for the consulting services rendered. |
| 34 | leadership | the action of leading a group or organization | B2 | Strong leadership is essential for driving company growth. |
| 35 | leverage | to use something to maximum advantage | C1 | We can leverage technology to improve our customer service. |
| 36 | liaison | a person who acts as a link between parties | C1 | He serves as a liaison between the company and its clients. |
| 37 | logistics | the detailed organization and implementation of complex operations | C2 | Logistics management is crucial for efficient supply chain operations. |
| 38 | margin | the difference between the selling price and cost of goods | C1 | The profit margin on this product is higher than our average. |
| 39 | mentor | an experienced and trusted advisor or guide | B2 | She acts as a mentor to new employees in the department. |
| 40 | merger | a combination of two companies into one | C1 | The merger will create a larger and more competitive company. |
| 41 | milestone | an important event in a project or process | B1 | The project reached a major milestone last week. |
| 42 | mitigate | to make something less severe or serious | B2 | We need to mitigate the risks associated with this project. |
| 43 | negotiate | to discuss terms to reach an agreement | B2 | We will negotiate the contract terms next week. |
| 44 | objective | a goal or aim that one wants to achieve | B2 | Our main objective is to increase sales this quarter. |
| 45 | onboarding | the process of introducing a new employee | C1 | Onboarding new staff is crucial for a smooth transition. |
| 46 | outsource | to hire another company to do work for you | B2 | We decided to outsource our IT support services this year. |
| 47 | overhead | the ongoing expenses of operating a business | C1 | Reducing overhead is essential for improving profitability. |
| 48 | pivot | to change direction or focus in business | C1 | The company plans to pivot its strategy to target new markets. |
| 49 | portfolio | a collection of products or investments | C1 | Her portfolio includes several high-performing tech companies. |
| 50 | procurement | the act of obtaining goods or services | B2 | Procurement is essential for managing supply chain efficiency. |
| 51 | productivity | the rate at which work is done or products are made | B2 | Increasing productivity can lead to higher profits for the business. |
| 52 | proposal | a plan or suggestion put forward for consideration | B2 | The proposal was approved in the last board meeting. |
| 53 | prospect | a potential customer or client | C1 | We have several good prospects for our new product. |
| 54 | quota | a fixed share or amount of something | C1 | Each sales team has a monthly quota to meet. |
| 55 | recruitment | the process of finding and hiring new employees | C2 | Recruitment for the new positions starts next week. |
| 56 | redundancy | the state of no longer being needed; layoffs | B2 | The company announced several redundancies due to budget cuts. |
| 57 | reimburse | to pay back money spent or lost | B2 | The company will reimburse your travel expenses after the trip. |
| 58 | retention | the ability to keep employees or customers | B2 | Employee retention is critical in a competitive job market. |
| 59 | revenue | the income generated from normal business activities | C1 | The company's revenue increased significantly last year. |
| 60 | roadmap | a plan detailing how to achieve goals | B2 | We created a roadmap to guide our project timeline. |
| 61 | runway | the time available before a business runs out of money | B2 | Startups need to manage their runway carefully to survive. |
| 62 | scalable | able to grow or expand without losing performance | C1 | This solution is scalable and can support more users easily. |
| 63 | stakeholder | a person or organization with an interest in a project | B2 | Engaging stakeholders is vital for project success. |
| 64 | strategy | a plan designed to achieve a particular goal | B1 | Our strategy focuses on market expansion and customer satisfaction. |
| 65 | streamline | to make a process more efficient by removing steps | B2 | We aim to streamline our operations to cut costs. |
| 66 | synergy | the increased value from combined efforts or cooperation | C1 | The merger should create synergy between both companies' strengths. |
| 67 | turnover | the rate at which employees leave and are replaced | C2 | High turnover can impact company culture and productivity. |
| 68 | venture | a risky or daring business undertaking | B2 | He invested in a tech venture with high growth potential. |
| 69 | workflow | the sequence of processes through which work passes | B2 | We need to improve our workflow for better efficiency. |
| 70 | yield | to produce or provide something, often as a result | C1 | This investment is expected to yield significant returns over time. |
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The words people use at work to talk about plans, money, teams and results. Many are ordinary English words with a specific meaning at work, like bandwidth or runway.
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