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267
barrier to trade also trade barrier n plural barri-
ers to trade [C] something that makes trade between two
countries more difficult or expensive, for example a tax
on imports
benefits package n [C] the total amount of pay and
all the other advantages that an employee may receive
such as bonuses, health insurance, a company car etc
bid
1
n [C]
1) an offer to buy something, for example a company in a
takeover, or the price offered
2) an offer to do work or provide services for a fixed
price, in competition with other offers
bid
2
v past tense and past participle bid present par-
ticiple bidding
1) [I,T] to offer to pay a particular price for some-
thing, for example a company in a takeover
2) [I] to offer to do work or provide services for a
fixed price, in competition with others – bidding n [U]
billboard n [C] AmE a large sign used for advertis-
ing. Billboards are usually called hoardings in British
English
blue-chip company adj. a blue-chip company or in-
vestment is profitable and safe: blue chip stocky and
shares – blue chip n [C]
blueprint n [C] a plan for achieving or improving
something
board also board of directors n [C usually singu-
lar] the group of people who have been elected by share-
holders to manage a company
bonus n [C] an extra amount of money added to an
employee's wages, usually as a reward for doing difficult
work or for doing their work well
boom
1
n [C,U]
1) a time when business activity increases rapidly, so
that the demand for goods increases, prices and wages go
up, and unemployment falls
2) a time when activity on the stockmarket reaches a high
level and share prices are very high
boom
2
v [I] if business, trade, or the economy is
booming, it is very successful and growing.
boost v [T] to increase something such as sales, pro-
duction or prices
bottom line n [C] the figure that shows a company's
total profit or loss
brainstorm v [I,T] to develop new ideas and solve
problems by having a meeting where everyone makes
suggestions and these are discussed
brand
1
n [C] a name given to a product or group of
products by a company for easy recognition
brand
2
v [T] to give a name to a product or group of
products
branded adj branded goods or products have brand
names
branding n [U] the activity of giving brand names
to products, developing people's awareness of them etc
brand leader n [C] the brand with the most sales in
a particular market
bribe
1
n [C] money that is paid secretly and dishon-
estly to obtain someone's help
bribe
2
v [T] to dishonestly give money to someone
to persuade them to do something that will help you
bribery n [U] dishonestly giving money to someone
to persuade them to do something to help you
broad-band n [U] a system of sending radio signal
which allows several messages to be sent at the same time
broker n [C] a person or organization whose job is
to buy and sell shares, currencies, property, insurance etc
for others
bureaucracy n plural bureaucracies
1) [C] a system of governing that has a large number
of departments and officials
2) [U] disapproving all the complicated rules and
processes of an official system, especially when they are
confusing or responsible for causing a delay
bust adj [informal] if a company goes bust, it cannot
continue to operate because it does not have enough
money to pay its debts
buyout also buy-out n [C]
1) the act of buying a business
2) the act of buying all the shares in a company of a
particular shareholder
canvass v [T] to try to get information or support
from people
capitalization also -isation BrE n [U]
1) the total value of a company's shares
2) the total value of all the shares on a stockmarket
at a particular time
cash cow n [C] a very profitable business or part of
a business
cash flow also cashflow n
1) [U] the amounts of money coming into and going
out of a company, and the timing of these
2) [C,U] profit for a particular period, defined in dif-
ferent ways by different businesses
cash generation n [U] money that a company gets
from sales after costs are taken away. Cash generation is
often used in talking about the degree to which the com-
pany is able to do this
chair n [singular]
1) the position of being the chairman of a company
or organization or the person who is chairman
2) the position of being in charge of a meeting or the
person who is in charge of it
chair v [T]
challenge n [C] something difficult that you feel de-
termined to solve or achieve
Chief Executive Officer (CEO) n [C usually singu-
lar] the manager with the most authority in the day to day
management of a company, especially in the US. The job
of CEO is sometimes combined with others, such as that
of president
clock v
clock in/on phr v [I] to record on a special card or
computer the time you arrive at or begin work
clock off/out phr v [I] to record on a special card or
computer the time you stop or leave work
collapse v [I] if a company, organization, or system
collapses, it suddenly fails or becomes too weak to con-
tinue – collapse n [C,U]
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