169 Business Vocabulary Nouns Collocations Business English Course Lesson 10
Hello everyone and welcome back to English with Lucy in this vocabulary lesson
I’m going to give you 20 commonly used business English nouns and then loads of collocations that can relate to them
By the end of the lesson you’ll have learnt over 150 business vocabulary collocations
I will give you the definition if the collocation changes the meaning of the noun or if I think the combination is particularly complicated
Let’s get started with the lesson
The first noun is advice
You can have sound advice which is good advice, a piece of advice
Expert advice
professional advice
legal advice
You can take someone’s advice or you can give a word of advice
You can also give a bit of advice or a piece of advice
Now number two is
brand
you can have a leading brand, a major brand
well-known brand, a brand identity
Which are the visible elements of a brand such as color design and logo and brand awareness
Which is how aware people are of your brand?
The third noun is budget you can have budget cuts which are budget reductions
budget constraints which are limitations, a tight budget which is a small budget or a
Shoestring budget, which is a very small budget
Now number four is
conclusion
different ways to say to come to a conclusion are to draw a conclusion to reach a conclusion
to jump to a conclusion or to draw conclusions
you can also have a logical conclusion and you can say in conclusion, which means finally
You would use this to start a final paragraph
Number five is cost
You can have prohibitive costs which are costs that get in the way. You can also have rising costs or
Escalating costs which are costs that get bigger and bigger. There are also additional costs
operating costs
administrative costs, you can cut costs
You can lower costs
You can keep costs down or keep down costs and you can maintain low costs
Number six is customer
you can have a loyal customer
a regular customer
a satisfied customer
You can talk about customer service or customer support
You deal with a customer?
Help a customer, assist a customer, lose a customer
Keep a customer and attract a customer. You can also talk about a customer base
Number seven is decision. You can have a tough decision which is a difficult decision
A hasty decision, which is a quick or premature decision
you can have a majority decision, which means most people agree on the decision
A unanimous decision where everyone makes the same decision and you can make a decision
Number eight is delivery
You’ve got fast delivery
free delivery
guaranteed delivery
scheduled delivery
next day delivery
To make a delivery, to accept a delivery, to receive a delivery and you can have a delivery service
Number nine is estimate
you can have a rough estimate, a preliminary estimate which means an early estimate
a realistic estimate
a reasonable estimate
a conservative estimate which means a cautious estimate, you can give an estimate and you can provide an estimate
Number ten is
experience
you can have a lack of experience or
wealth of experience which is lots of experience
you can have
Considerable experience, which means the same thing
you can have valuable experience or
hands-on experience
Which someone gets from doing something rather than just reading about it or studying, it you can also have personal
rewarding experience
and unforgettable experience
You can also learn from experience and gain experience
Number eleven is knowledge
You can have working knowledge
technical knowledge
First-hand knowledge, which you get from seeing something yourself
You can acquire knowledge
gain knowledge
Apply knowledge and broaden knowledge which means increase knowledge
You can also use the phrase to the best of one’s knowledge, which means as far as one knows
To the best of my knowledge is as far as I know
Number 12 is loss. You can have heavy loss, significant loss or huge loss
Number 13 is market
you can have a competitive, market a foreign market
a global market
an international market, a black market which is an illegal or unofficial market
an expanding market
a growing market, a stock market and you can talk about market value
market conditions, the market leader and to be in the market
Number fourteen is mistake
You can have a big mistake a huge mistake a terrible mistake an honest mistake a common mistake
You can make a mistake. You can repeat a mistake
You can learn from a mistake and you can say an easy mistake to make
Number Fifteen is payment
you can say an annual payment, a monthly payment
an interest payment, a down payment which is a deposit. You can make a payment
you can receive a payment, you can stop a payment, you can demand payment and you can say
payment in advance
Number 16 is price
you can say a high price or an exorbitant price which means an overly high price
a low price
a reasonable price, the right price
asking price
half price
retail price
cut prices
You can quote someone on a price
something can go up in price and you can talk about a price range, a price increase
a price rise, a price cut and a price war
Number 17 is production
You can increase production, you can have production costs. You can talk about mass production
You can start production and you can stop production
Number 18 is profit
You can have gross profit, which is the difference between the revenue and cost
You can have first second third and fourth quarter profit
You can have annual profit. You can make a profit
You can generate a profit, you can maximize profit and you can talk about the profit margin
Number 19 is risk you can have high or low risk
You can have big risk, you can have considerable or calculated risk
You can talk about a safety or health risk. You can minimise risk you can take a risk
You can run the risk of something. You can do something at one’s own risk and you can outweigh the risk of something
Number twenty is salary you can have a high or a low salary. You can have a competitive salary
A starting salary . An annual or monthly salary. You can receive a salary and you can have a salary cut .
Now it’s time for the quiz
I’m going to give you a sentence and I’ll give you some time to think about what should fill the gap
Don’t forget to share your scores in the comments down below
Right. That’s it for today’s lesson. I hope you enjoyed it and I hope you learnt something
Don’t forget to connect with me on all of my social media
I’ve got my facebook my Instagram and my Twitter and I shall see you soon for another lesson