Business & Economics Vocabulary

Vocabulary words related to business & economics that appear on standardized tests including GRE, SAT, TOEFL, and IELTS.

306 words · Page 1 of 6

abacus GRE

A device consisting of beads or counters on wires used for performing arithmetic calculations

abound GRE TOEFL

To be plentiful or abundant

account SAT TOEFL IELTS

A record or report of financial transactions or other data, often presented or audited.

accountant TOEFL IELTS

A person who keeps or examines financial records and statements, often in a business or company.

accounting TOEFL IELTS

The process or profession of keeping and examining financial records and statements, often in a busi...

acquiesce SAT GRE TOEFL

To accept or submit to something, especially a decision, condition, or demand, often reluctantly or ...

acquisition TOEFL IELTS

The act of acquiring or gaining possession of something, especially through effort, skill, or achiev...

acumen SAT GRE TOEFL

A person's ability to discover and understand things that are not immediately apparent, often charac...

adaptable GRE TOEFL

Able to adapt or adjust to new situations, environments, or purposes, often characterized by flexibi...

administration TOEFL IELTS

The management or organization of something, especially a business or government department.

administrator SAT TOEFL

A person who manages or organizes a particular place or activity, especially a school, business, or ...

adversely TOEFL

In a way that is not favorable or helpful; tending to harm or obstruct.

advisory SAT GRE

Providing advice or guidance; serving as a source of counsel or recommendation.

affected GRE TOEFL

Impacted or influenced in a certain way, often in a negative or disadvantageous manner.

aggravate SAT GRE TOEFL IELTS

To make a situation worse or more difficult, often through actions or behaviors.

aggregation GRE TOEFL IELTS

A process or result of gathering or collecting separate things into a single unit or entity.

aggressive GRE TOEFL IELTS

Acting in a bold or forceful manner, often to achieve a goal or gain an advantage.

ambition TOEFL IELTS

A strong desire or drive to achieve something, often accompanied by persistence, effort, and determi...

ameliorate SAT GRE

To make something better or improve a situation, often by reducing its negative aspects or consequen...

amends IELTS

to make amends means to apologize, repair, or compensate for a wrong done; a way of making up for so...

anomaly GRE TOEFL

A deviation from what is normal, expected, or typical.

anticipate GRE TOEFL IELTS

To expect or predict that something will happen, or to think about something before it occurs.

apportion TOEFL

To divide or share something, such as resources or responsibilities, among a group or people.

appraise SAT GRE TOEFL

To evaluate or assess the value or quality of something.

apprentice TOEFL

A person who is learning a trade or skill from an experienced person.

arrears GRE

Overdue amounts, typically referring to debts, taxes, or other financial obligations.

arson GRE

The act of intentionally setting fire to property, often with malicious intent or for financial gain...

arsonist GRE

Someone who intentionally sets fire to property, often with malicious intent or for financial gain.

asset GRE TOEFL IELTS

Something that has value or use, especially a piece of property, equipment, or financial resource.

assistance TOEFL IELTS

Help or support given to someone, usually in the form of financial aid or practical assistance.

audit GRE TOEFL

A systematic examination or review of an account, performance, or situation, often to ensure accurac...

avarice SAT GRE TOEFL

Extreme greed or love of wealth; an insatiable desire for material possessions or riches.

banker TOEFL IELTS

A person who manages or owns a bank; someone employed in the banking industry who oversees financial...

bankruptcy GRE TOEFL

The legal status of a person or organization that is unable to repay its debts; financial insolvency...

barter GRE TOEFL

To trade goods or services without using money.

bazaar GRE

A market selling various goods, often associated with Middle Eastern or South Asian regions.

behemoth GRE

Something that is extremely large or powerful, often used to describe a massive object or organizati...

benefactor SAT GRE TOEFL

A person who provides help or financial support, often through generous donations.

bilateral SAT TOEFL

Relating to or involving two sides or parties.

bleed IELTS

To lose or emit blood from the body; can also refer to color spreading in print or financial loss.

bold TOEFL IELTS

Showing a willingness to take risks; confident and courageous.

bonanza GRE TOEFL

A situation that creates sudden wealth or prosperity; a source of great benefit or profit.

budget TOEFL IELTS

A plan for managing income and expenses over a period; or the available money for a purpose.

burgeon GRE TOEFL

To grow or develop rapidly; flourish.

bursar SAT

An official in an institution, especially a school, responsible for managing funds and financial mat...

business IELTS

Commercial or professional activity; an organization engaged in such activities.

canal IELTS

a man-made waterway used for transportation, irrigation, or water supply.

canny GRE

Careful, shrewd, and possessing good judgment, especially with money or business.

capital IELTS

A city that serves as the seat of government; also refers to wealth in the form of money or assets.

champion GRE TOEFL IELTS

A person who has defeated or surpassed all rivals in a competition; a winner.

charge IELTS

To demand payment, or to fill something with energy; also refers to the price or cost of something.

chicanery GRE TOEFL

Deceptive or dishonest practices, especially in business or politics.

claim TOEFL IELTS

To assert something as true or one's own, often without proof; a demand for something as due.

clientele GRE

The customers or clients of a business or professional, typically viewed as a group.

coinage TOEFL IELTS

The creation or invention of a new word or phrase; currency in the form of coins.

collateral GRE

Something pledged as security for repayment of a loan, to be forfeited if the borrower defaults.

colleague SAT TOEFL IELTS

A person with whom one works, especially in a profession or business.

combine TOEFL IELTS

To join or merge two or more things into a single unit or entity.

commerce TOEFL IELTS

The activity of buying and selling goods and services.

commercial TOEFL IELTS

Related to the buying and selling of goods and services; intended to make a profit.

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