English advanced vocabulary: Business
41 words with meanings and example sentences.
leverageto use something (an asset, relationship, or piece of information) to maximum advantageThe startup leveraged its early customer data to negotiate better terms with investors.
synergythe combined effect of two or more parties working together that is greater than the sum of their individual effortsMerging the two departments created real synergy between the sales and product teams.
streamlineto make a process simpler and more efficient by removing unnecessary stepsManagement streamlined the approval process so contracts could be signed within a day.
stakeholdera person or group with an interest or investment in the success of a business or projectBefore launching the new policy, HR consulted every stakeholder across the organization.
contingencya possible future event or circumstance that is planned for in advanceThe project manager built a contingency into the budget in case shipping costs rose.
escalateto increase in intensity or refer a problem to someone with greater authorityIf the client remains unresponsive, escalate the issue to the account director.
benchmarka standard or point of reference against which performance is measuredThe new factory's output was used as a benchmark for the other plants.
consensusgeneral agreement reached among a group of peopleAfter a lengthy meeting, the board finally reached consensus on the acquisition.
diversifyto expand a business or investment portfolio into a variety of products or markets to reduce riskThe company diversified into renewable energy to reduce its reliance on oil revenue.
proprietaryowned exclusively by a company and protected from use by others, often referring to technology or processesTheir proprietary algorithm gives the company a significant edge over competitors.
scalablecapable of being expanded or adapted to handle a growing amount of work or a larger scopeInvestors were impressed by how scalable the business model was across new markets.
mergeto combine two or more things into oneThe two departments merged into a single team after the restructuring.
expandto make or become larger in size, scope, or amountThe company plans to expand into three new markets next year.
enhanceto improve the quality, value, or effect of somethingThe new dashboard enhances how quickly the team can spot issues.
reduceto make something smaller or less in amountThey managed to reduce operating costs by ten percent this quarter.
postponeto delay an event to a later timeWe had to postpone the launch until the testing was complete.
manageto be in charge of or handle something responsiblyShe manages a team of twelve across two offices.
regulateto control or govern something through rulesA new body was set up to regulate how the data is shared.
contributeto give something, such as effort or money, toward a shared goalEvery team member contributed ideas during the brainstorm.
dominateto have a controlling or overwhelming influence over somethingThat one supplier has come to dominate the entire market.
estimateto roughly calculate or judge the value, size, or cost of somethingCan you estimate how long the migration will take?
distinguishto recognize or point out the difference between thingsIt's hard to distinguish the two proposals without seeing the numbers.
rectifyto correct or put right a mistake or problemThe team worked overnight to rectify the billing error.
detectto discover or notice the presence of somethingThe new tool can detect unusual activity within minutes.
occurto happen or take placeThe outage occurred during peak business hours.
clarifyto make something clearer or easier to understandCould you clarify what you mean by 'final version'?
verifyto confirm that something is true or accuratePlease verify the figures before we send the report.
acknowledgeto accept or admit that something is true or existsHe acknowledged the delay and apologized to the client.
tolerateto accept or put up with something you may not likeThe manager won't tolerate repeated missed deadlines.
divideto separate something into partsThey divided the project into three manageable phases.
enableto make something possible or give someone the means to do itThe new software enables the team to work remotely with ease.
broadento make wider in range or scopeThis partnership will broaden our reach into new regions.
narrowto make smaller in range or focusLet's narrow the search down to the top three candidates.
mandatoryrequired by rule or law; compulsoryAttendance at the safety briefing is mandatory for all staff.
reliableconsistently good in quality or performance; able to be trustedWe need a reliable vendor who can meet tight deadlines.
temporarylasting for a limited time onlyIt's a temporary fix until the new system goes live.
pertinentrelevant or directly related to the matter at handThat's a pertinent question, let's address it before we move on.
mentionto refer to something briefly, often in passingShe mentioned the delay during the call, almost as an afterthought.
depictto show or represent something, often in a report or imageThe chart depicts how sales have changed over five years.
manifestto become clear or visible; to show itselfThe problems in the process only manifested once volume increased.
expireto come to an end or no longer be validThe current contract expires at the end of this month.
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