100 TOEIC Vocabulary Words You Need to Know

Business jargon is crucial for navigating the world of commerce and services. Knowing these terms will allow you to understand and participate effectively in business discussions.

• Investment : Commitment of financial resources with the hope of future profits.
• Budget (budget): An estimate of income and expenses expected for a given period, essential for financial planning.
• Contract : A formal agreement between two or more parties, often used to formalize transactions.
• Merger (fusion): The process by which two companies unite to form a single legal entity.
• Revenue : The amount of money generated by a company through its business activities, often used to measure performance.
• Profit (profit): Net income after deduction of all expenses and taxes.
• Loss : A financial situation where costs exceed revenues.
• Asset : A resource owned by a company, considered to have economic value.
• Liability (passive): Financial obligation or debt taken on by a company.
• Equity (shareholders' equity): The value of the shares of a company owned by the shareholders.
• Share (action): Certificate representing a share in the ownership of a company.
• Dividend (dividend): A portion of a company's profit distributed to its shareholders.
• Market share : The proportion of the market controlled by a company, often expressed as a percentage.
• Stakeholder : An individual or group with an interest in the performance and actions of a company.
• Partnership : A cooperative agreement between two or more entities to work together towards common goals.
• Acquisition (acquisition): The process of buying or taking control of another company.
• Negotiation (negotiation): Strategic discussion aimed at reaching a mutual agreement in a commercial context.
• Trade (commerce): The buying and selling of goods and services between companies or countries.
• Supply Chain : The complete system of production and distribution of a product, from the initial supplier to the final consumer.
• Inventory : A complete list of items held by a company for sale or production.
• Wholesale : Selling goods in large quantities, often to retailers or other businesses rather than to the end consumer.
• Retail (retail sales): Selling goods directly to consumers.
• Marketing (marketing): The process of promoting and selling products or services, including market research, advertising, etc.
• Brand : A distinctive identity representing a product or company, as perceived by consumers.
• Consumer : A person who buys goods or services for their personal use.
• Client (customer): A person or company that receives services or buys products from another company.
• Competitor : A company operating in the same sector and targeting the same market.
• Monopoly (monopoly): Exclusive control of the market by one company, without significant competition.
• E-commerce (electronic commerce): Buying and selling goods or services via the Internet.

In the field of employment, certain keywords will help you better understand job offers, job descriptions, and improve your interactions during job interviews.

• Salary : Financial compensation received by employees for their work, often expressed annually or monthly.
• Interview : A formal discussion between a recruiter and a candidate, aimed at assessing the candidate's suitability for the proposed position.
• Promotion (promotion): Advancement of an employee to a higher position of responsibility, often accompanied by a salary increase.
• Freelance (freelance): A form of independent work without long-term commitment to a specific employer.
• Recruitment : The process of searching for, selecting, and hiring new employees.
• Employee : A person who works for another person or for a company in exchange for remuneration.
• Employer : A person or organization that employs people.
• Manager : A person responsible for leading and managing a team or department within an organization.
• Supervisor : An employee responsible for monitoring and directing the work of other employees.
• Colleague : A person with whom one works, particularly in a professional setting.
• Team : A group of people working together to achieve a common goal.
• Leadership (leadership): The ability to lead and influence others within an organization.
• Training : The learning process that enables employees to acquire knowledge and skills for their job.
• Skills : Aptitudes and abilities acquired through experience or education.
• Experience : Knowledge or skill acquired through involvement in or exposure to events.
• Qualification (qualification): Aptitude, skill or knowledge necessary to perform a job.
• Career : Profession or series of jobs that a person holds in their life.
• Objective (objective): A goal or target that one plans to achieve, especially in a professional context.
• Performance (performance): Evaluation of an employee's work by their employer.
• Appraisal (evaluation): The process by which an employee's performance is evaluated, usually to consider a promotion or career development.
• Resignation (resignation): The act of officially relinquishing a position.
• Termination (cancellation): End of an employment contract, often initiated by the employer.
• Layoff (dismissal): The act of terminating an employee's employment for non-disciplinary reasons.
• Unemployment : The state of an active person seeking employment without being able to find one.
• Part-time : Work performed for fewer hours than full-time, often at variable times.
• Full-time : Work performed for the standard total duration, often 35 to 40 hours per week.
• Outsourcing : The practice of delegating certain tasks or jobs to third parties or external companies.
• Networking : The practice of meeting and building professional relationships that can be beneficial for business or employment opportunities.
• Mentorship : A professional development relationship where a more experienced person helps guide a less experienced person.

Succeeding on the TOEIC or any other English exam requires regular immersion in the English language. By engaging in daily reading, active listening, and consistent vocabulary practice, you will progress.

Using language learning apps, participating in quizzes, and interacting in English in real-life contexts (such as during an English language immersion program ) can greatly improve your comprehension and your ability to use professional English vocabulary fluently and naturally.