Business Vocabulary for IELTS, TOEFL and TOEIC

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BUSINESS

BUSINESS

audit compensate

reimburse revenue

turnover creditor

debtor

audit

audit

Each year they audit our accounts and check if they are accurate. They plan to audit the company. The bank found out the problem when they carried out an internal audit.

an accountant audit audit

company

audits accounts a company audit

auditsingedor

audit

inspection

investigationreview

analysis scrutiny

check

compensate

compensate

compensate

When the bank collapsed, the government compensated customers for their losses. She promised to compensate her victims for the trauma they suffered. The court ordered him to pay £300 compensation.

compensate compensate

fully adequately

someone for a loss compensated compensated

compensatesingedion

compensate

repay

pay back

reimburse

make up for

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reimburse

reimburse

reimburse

reimburse

Participants will have their travel expenses reimbursed. The funds will reimburse policyholders in the event of insurer failure. She is demanding reimbursement for her medical expenses.

reimburse reimburse reimburse

seek

someone for costs expenses reimbursement

reimbursesingedement

reimburse

pay back

compensate

refund

repay

revenue

revenue

Last year, we enjoyed a massive increase in revenue. The government increased revenue by raising taxes. Fishing is the town’s main source of revenue.

generate boost raise

extra

revenue revenue revenue revenue

revenue

profit

incomeearnings

funds receipts

proceeds

turnover

turnover

The company had a turnover of $1.2 billion in 2015. Total turnover rose by 13%. The manager admitted that staff turnover was high.

a turnover annual

high staff

of turnover turnover turnover

turnover

income

revenue earnings

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creditor

creditor

creditor

creditor

The company said that it would repay all its creditors. It will be the second bailout of Greece and its creditor banks. You must pay back your creditors within 30 days.

creditor owe

repay persuade

banks creditor creditor creditor

creditors

creditor

banker

bank

loan shark

lender

debtor

debtor

debtor

debtor

Debtors must manage their finances carefully. If you are a debtor, we can give you financial advice. In Europe, economic decisions often pit creditor nations against debtor nations.

debtor debtor debtor debtor

owes repays country nation

debtors

debtor

borrower

BUSINESS

audit compensate

reimburse revenue

turnover creditor

debtor

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