Business Terms

The following terms are used in managing a business. They will be useful for you if you work for a business in China or abroad where English is used. Please study them--they are likely to be on the exam. Make sure you know 1) what the terms mean in a business context, and 2) how to define them using your available English vocabulary.

appreciation
asset
backup
bonus
breach of contract
browser
cash
closing
cold call
compensation
copyright
corporation
credit rating
default
entrepeneur
FAQs
fair use
firewall
foot traffic
interest
invoice
lease
letter of intent
liability
market share
merger
partnership
patent
pay period
power of attorney
press release
profit sharing
public domain
public relations
salary
sexual harassment
stock option
trademark
venture capital
warranty