TOEIC: Intermediate Business Vocabulary
Set 7 Exam Questions and Answers
administration
(noun) The activities performed to manage the affairs of a business or
organization.
big business
(noun) Large and extremely powerful companies.
capital
(noun) The acquired wealth of someone that has a purpose of getting re-invested.
economics
(noun) The field that deals with the supply and demand of products and services.
establishment
(noun) The act of starting or implementing something.
establishment
(noun) A business, usually one with a physical location.
exporter
(noun) A company, organization, or country that sells a product or resource to
another country.
foundation
(noun) An act of establishing something, such as an organization or business.
freeze
(verb) To stop authorizing.
human resources
, (noun) A business's department in charge of recruiting, training, managing, and
supporting employees.
import
(noun) Something that is bought from a foreign country, or the act of making such
a purchase.
incentive
(noun) Something presented or offered that raises one's motivation.
lease
(noun) A document describing the conditions of renting out a property.
logo
(noun) A symbol or small design adopted by businesses to make them instantly
recognisable to people.
shut down
(phrasal verb) To stop working; stop the work of a company or organization.
stock
(noun) Having a supply or keeping an amount of goods and belongings for future
us.
stock
(noun) A share in a company or business.
subscriber
(noun) A person who joined a service that is then provided continuously.
supply
(verb) To provide another party with goods, belongings, or other resources that
they need.
administration
Set 7 Exam Questions and Answers
administration
(noun) The activities performed to manage the affairs of a business or
organization.
big business
(noun) Large and extremely powerful companies.
capital
(noun) The acquired wealth of someone that has a purpose of getting re-invested.
economics
(noun) The field that deals with the supply and demand of products and services.
establishment
(noun) The act of starting or implementing something.
establishment
(noun) A business, usually one with a physical location.
exporter
(noun) A company, organization, or country that sells a product or resource to
another country.
foundation
(noun) An act of establishing something, such as an organization or business.
freeze
(verb) To stop authorizing.
human resources
, (noun) A business's department in charge of recruiting, training, managing, and
supporting employees.
import
(noun) Something that is bought from a foreign country, or the act of making such
a purchase.
incentive
(noun) Something presented or offered that raises one's motivation.
lease
(noun) A document describing the conditions of renting out a property.
logo
(noun) A symbol or small design adopted by businesses to make them instantly
recognisable to people.
shut down
(phrasal verb) To stop working; stop the work of a company or organization.
stock
(noun) Having a supply or keeping an amount of goods and belongings for future
us.
stock
(noun) A share in a company or business.
subscriber
(noun) A person who joined a service that is then provided continuously.
supply
(verb) To provide another party with goods, belongings, or other resources that
they need.
administration
