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B2 Unit 45: Business & economy 2

18 B2 words: revenue, corporation, scheme, manufacturing, client, expansion… Learn them in 4 steps, then review them every day.

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Word list

WordMeaningExample
revenue/ˈrɛvəˌnu/ nrevenuemoney a business receives from salesThe shop’s revenue grew by ten percent.The shop’s revenue grew by ten percent.
corporation/ˌkɔrpɚˈeɪʃən/ ncorporationa big companyHer father works for a large corporation.Her father works for a large corporation.
scheme/skim/ nschemean organized plan or systemThe shop started a loyalty scheme for regular customers.The shop started a loyalty scheme for regular customers.
manufacturing/ˌmænjəˈfæktʃɚɪŋ/ nmanufacturingthe business of making goods in factoriesManufacturing is the biggest industry in this region.Manufacturing is the biggest industry in this region.
client/ˈklaɪənt/ nclienta person who pays for a professional serviceThe lawyer met a new client this morning.The lawyer met a new client this morning.
expansion/ɪkˈspænʃən/ nexpansionthe process of becoming largerThe expansion of the shop took six months.The expansion of the shop took six months.
shipping/ˈʃɪpɪŋ/ nshippingthe sending of goods by ship or truckShipping to Spain takes about five days.Shipping to Spain takes about five days.
partnership/ˈpɑrtnɚˌʃɪp/ npartnershipa business relationship between two groupsThe two companies formed a partnership last year.The two companies formed a partnership last year.
guarantee/ˌɡɛrənˈti/ vto guaranteeto promise that something will happenThe shop will guarantee your money back within a month.The shop will guarantee your money back within a month.
replacement/rɪˈpleɪsmənt/ nreplacementa new thing that takes another’s placeThe shop sent a replacement for the broken lamp.The shop sent a replacement for the broken lamp.
output/ˈaʊtˌpʊt/ noutputthe amount of something producedThe factory doubled its output this year.The factory doubled its output this year.
boost/bust/ n/vboosta thing that helps something increaseA new advert gave sales a boost.A new advert gave sales a boost.
enterprise/ˈɛntɚˌpraɪz/ nenterprisea business or a bold projectAli started a small enterprise selling handmade soap.Ali started a small enterprise selling handmade soap.
mill/mɪl/ nmilla building where grain is made into flourThe old mill by the river produces flour.The old mill by the river produces flour.
commerce/ˈkɑmɚs/ ncommercethe buying and selling of goodsCommerce between the two countries is growing.Commerce between the two countries is growing.
headquarters/ˈhɛdˌkwɔrtɚz/ nheadquartersthe main office of an organizationThe company’s headquarters are in Berlin.The company’s headquarters are in Berlin.
equity/ˈɛkwəti/ nequitythe value of a property after debtsHome equity is the value of a house minus its loans.Home equity is the value of a house minus its loans.
margin/ˈmɑrdʒən/ nmarginthe difference between cost and selling priceThe shop works with a low profit margin.The shop works with a low profit margin.