169 Business Vocabulary Nouns & Collocations | Business English Course Lesson 10

169 Business Vocabulary Nouns & Collocations | Business English Course Lesson 10


Hello everyone and welcome back to English with Lucy in this vocabulary lesson I’m going to give you 20 commonly used business English nouns and then loads of collocations that can relate to them By the end of the lesson you’ll have learnt over 150 business vocabulary collocations I will give you the definition if the collocation changes the meaning of the noun or if I think the combination is particularly complicated Let’s get started with the lesson The first noun is advice You can have sound advice which is good advice, a piece of advice Expert advice professional advice legal advice You can take someone’s advice or you can give a word of advice You can also give a bit of advice or a piece of advice Now number two is brand you can have a leading brand, a major brand well-known brand, a brand identity Which are the visible elements of a brand such as color design and logo and brand awareness Which is how aware people are of your brand? The third noun is budget you can have budget cuts which are budget reductions budget constraints which are limitations, a tight budget which is a small budget or a Shoestring budget, which is a very small budget Now number four is conclusion different ways to say to come to a conclusion are to draw a conclusion to reach a conclusion to jump to a conclusion or to draw conclusions you can also have a logical conclusion and you can say in conclusion, which means finally You would use this to start a final paragraph Number five is cost You can have prohibitive costs which are costs that get in the way. You can also have rising costs or Escalating costs which are costs that get bigger and bigger. There are also additional costs operating costs administrative costs, you can cut costs You can lower costs You can keep costs down or keep down costs and you can maintain low costs Number six is customer you can have a loyal customer a regular customer a satisfied customer You can talk about customer service or customer support You deal with a customer? Help a customer, assist a customer, lose a customer Keep a customer and attract a customer. You can also talk about a customer base Number seven is decision. You can have a tough decision which is a difficult decision A hasty decision, which is a quick or premature decision you can have a majority decision, which means most people agree on the decision A unanimous decision where everyone makes the same decision and you can make a decision Number eight is delivery You’ve got fast delivery free delivery guaranteed delivery scheduled delivery next day delivery To make a delivery, to accept a delivery, to receive a delivery and you can have a delivery service Number nine is estimate you can have a rough estimate, a preliminary estimate which means an early estimate a realistic estimate a reasonable estimate a conservative estimate which means a cautious estimate, you can give an estimate and you can provide an estimate Number ten is experience you can have a lack of experience or wealth of experience which is lots of experience you can have Considerable experience, which means the same thing you can have valuable experience or hands-on experience Which someone gets from doing something rather than just reading about it or studying, it you can also have personal rewarding experience and unforgettable experience You can also learn from experience and gain experience Number eleven is knowledge You can have working knowledge technical knowledge First-hand knowledge, which you get from seeing something yourself You can acquire knowledge gain knowledge Apply knowledge and broaden knowledge which means increase knowledge You can also use the phrase to the best of one’s knowledge, which means as far as one knows To the best of my knowledge is as far as I know Number 12 is loss. You can have heavy loss, significant loss or huge loss Number 13 is market you can have a competitive, market a foreign market a global market an international market, a black market which is an illegal or unofficial market an expanding market a growing market, a stock market and you can talk about market value market conditions, the market leader and to be in the market Number fourteen is mistake You can have a big mistake a huge mistake a terrible mistake an honest mistake a common mistake You can make a mistake. You can repeat a mistake You can learn from a mistake and you can say an easy mistake to make Number Fifteen is payment you can say an annual payment, a monthly payment an interest payment, a down payment which is a deposit. You can make a payment you can receive a payment, you can stop a payment, you can demand payment and you can say payment in advance Number 16 is price you can say a high price or an exorbitant price which means an overly high price a low price a reasonable price, the right price asking price half price retail price cut prices You can quote someone on a price something can go up in price and you can talk about a price range, a price increase a price rise, a price cut and a price war Number 17 is production You can increase production, you can have production costs. You can talk about mass production You can start production and you can stop production Number 18 is profit You can have gross profit, which is the difference between the revenue and cost You can have first second third and fourth quarter profit You can have annual profit. You can make a profit You can generate a profit, you can maximize profit and you can talk about the profit margin Number 19 is risk you can have high or low risk You can have big risk, you can have considerable or calculated risk You can talk about a safety or health risk. You can minimise risk you can take a risk You can run the risk of something. You can do something at one’s own risk and you can outweigh the risk of something Number twenty is salary you can have a high or a low salary. You can have a competitive salary A starting salary . An annual or monthly salary. You can receive a salary and you can have a salary cut . Now it’s time for the quiz I’m going to give you a sentence and I’ll give you some time to think about what should fill the gap Don’t forget to share your scores in the comments down below Right. That’s it for today’s lesson. I hope you enjoyed it and I hope you learnt something Don’t forget to connect with me on all of my social media I’ve got my facebook my Instagram and my Twitter and I shall see you soon for another lesson

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100 Comments

  1. THE FINAL LESSON IN THE COURSE! Don't forget to complete the quiz at the end and share your answers and results in the comment section! CONTRIBUTE SUBTITLE TRANSLATIONS HERE: http://bit.ly/EWLBEC10subs (Have your name displayed under the video as a token of my thanks)

  2. Bardzo dziekuje za te video! Zawsze wiesz co powiedziec- i to bardzo pomaga.
    (Translate from Polish to English, and you will see.)
    Many thanks and wish you good luck, Lucy 🙂

  3. Do these make sense to you??

    1) Advice – Bad Advice.
    2) Brand – Brand Ambassador.
    3) Budget – Budget Control.
    4) Conclusion – Final Conclusion.
    5) Cost – Marginal cost.
    6) Customer – Foreign Customer.
    7) Decision – Bold Decision.
    8) Delivery – Pay/ Cash on delivery.
    9) Estimate – Rough Estimate.
    10) Experience – Loads of experience.
    11) Knowledge – Hands on Knowledge.
    12) Loss – Financial Loss.
    13) Market – Vegetable Market.
    14) Mistake – Accidently by Mistake.
    15) Payment – Payment Gateway.
    16) Price – Tough Price.
    17) Production – Large Scale Production.
    18) Profit – Capitalistic Profit.
    19) Risk – Risky Business.
    20) Salary – Top Salary.

  4. Hey Lucy! I love your videos! Very informative! Thank you!

    I was surprised to see that you wrote "sheduled". I would expect "scheduled", with a "c".
    Can we also write that word without the "c"?
    What about the word "aquire"? I would write it "acquire". Are both versions accepted?

    Again, thank you for your work!

    Jordan

  5. It helps me a lot, Lucy… I love you… 😘😘😘 I always watch your videos before I go to bed… You inspired me a lot.. 💗

  6. Hi dear teacher, I am from Myanmar, English is not my language but I can express writing my feelings with English. But I can't speak it. Kindly guide me with some tips and I love your English accent and teaching. Could you plz also make a long video about phonemes and phonetic with great example plz. Thx so much .

  7. Finally life is a business but not for me
    A piece of advice is nothing it it doesn't affect us to change a bit
    Love is a pleasant experience as long as it doesn't disturbs our heart
    How are my lines ?

  8. A thing though, saying in conclusion, isn't it weird ? Like say something else to end your paragraph (like in an essay). We could use "thus" for instance. Because we don't say "In introduction" when you start your essay, right ? (also know that it might be because of my french way to see things)

  9. Business Vocabulary Nouns & Collocations
    1. Advice – sound advice, a piece of advice, expert advice, professional advice, legal advice, take someone’s advice, give a word of advice, give a bit of advice, give a piece of advice
    2. Brand – leading brand, major brand, well-known brand, brand identity, brand awareness
    3. Budget – budget cuts, budget constraints, tight budget, shoestring budget
    4. Conclusion – draw a conclusion, reach a conclusion, jump to a conclusion, draw conclusions, logical conclusion, in conclusion…
    5. Cost – Prohibitive cost, rising costs, escalating costs, additional costs, operating costs, administrative costs, cut costs, lower costs, keep costs down, maintain low costs
    6. Customer – loyal customer, regular customer, satisfied customer, customer service, customer support, deal with a customer, help a customer, assist a customer, lose a customer, keep a customer, attract a customer, a customer base
    7. Decision – tough decision, hasty decision, majority decision, unanimous decision, make a decision
    8. Delivery – fast delivery, free delivery, guaranteed delivery, scheduled delivery, next-day delivery, to make a delivery, to accept a delivery, to receive a delivery, a delivery service
    9. Estimate – rough estimate, preliminary estimate, realistic estimate, reasonable estimate, conservative estimate, give an estimate, provide an estimate
    10. Experience – lack of experience, wealth of experience, considerable experience, valuable experience, hands-on experience, personal experience, rewarding experience, unforgettable experience, learn from experience, gain experience
    11. Knowledge – working knowledge, technical knowledge, first-hand knowledge, acquire knowledge, gain knowledge, apply knowledge, broaden knowledge, to the best of one’s knowledge
    12. Loss – heavy loss, significant loss, huge loss
    13. Market – competitive market, foreign market, global market, international market, black market, expending market, growing market, stock market, market value, market conditions, market leader, to be in the market
    14. Mistake – big mistake, huge mistake, terrible mistake, honest mistake, common mistake, make a mistake, repeat a mistake, learn from a mistake, an easy mistake to make
    15. Payment – annual payment, monthly payment, interest payment, down payment, make a payment, receive a payment, stop a payment, demand payment, payment in advance
    16. Price – high price, exorbitant price, low price, reasonable price, the right price, asking price, half price, retail price, cut prices, quote someone on a price, something can go up in price, price range, price increase, price rise, price cut, price war
    17. Production – increase production, production costs, mass production, start production, stop production
    18. Profit – gross profit, first second third forth quarter profit, annual profit, make a profit, generate a profit, maximise profit, profit margin
    19. Risk – high/low risk, big risk, considerable calculated risk, safety/health risk, minimise risk, take a risk, run the risk of something, do something at one’s own risk, outweigh the risk of something
    20. Salary – high/low salary, competitive salary, starting salary, annual/monthly salary, receive a salary, a salary cut

    Quiz Questions/Answers

    1. Before attending court, you should seek legal ______? – (advice)
    2. Redundancies will be made in an attempt to cut _____? – (costs)
    3. Margot is a regular _______? and visits our café every lunchtime. – (customer)
    4. If you complete your order before 1pm you qualify for next-day ________? – (delivery)
    5. He will give you a rough ______ for the completion of the construction work. – (estimate)
    6. To the best of my ________ Shelagh doesn’t work here anymore. – (knowledge)
    7. We were frustrated to find fake versions of our products being sold on the black ______. – (Market)
    8. We can offer you a competitive ____ for this particular position. – (salary)
    9. Due to the recent ___ increases, we can no longer afford expensive coffee beans in the office. – (Price)
    10. He jumped to _________ and really annoyed the customer. (conclusions)

  10. Thank you for help me to My english teacher Lucy I like it your class I hope so god bless you. see you for another lesson again yours

  11. I prefer the lesson when you're stand up I feel less lazyness and you show off authority best regards Lucy from North Korea.

  12. So the course if over I guess,My answer is. Will we able to see you again in thhis room with your crossing legs?

  13. Great vid from the gorgeous advisor we have. If it wasn't you, I'll never have encourage to pursue English again.

    School doesn't teach this. esp, how to pronounce properly a word in the sentence. Thanks again! God bless.

  14. Superb 👏 it would be even better if you have explained the meaning and definition of collocation why because there are lots of people to watch who don't know elementary English .

  15. Also we use these terms Dr & Cr as abreviation of debit and credit I know we don't have the consonant R at the end of th word debit but it's back to the history when Italian Lucia create debitere and creditere

  16. Could you please made the series of official Documentation tour EX. fill in the paper like a pro , understand correctly what to fill in etc. Thank you 4 Vocab as My breakfast sidedish.

  17. Out of world's approximately 7.5 billion inhabitants,1.5 billion speak English. Good lord, that approximately 20% of earth's population!! And universal mode of communication..English. That's why you're a great role model for those and i appreciate your efforts in improving people like us non native English speakers including myself. What I like the most about your teaching style is that you keep it quite simple, speak in full sentence, avoid slang and culturally sensitive. Plz do carry on with your good work.

  18. It is weird, but for the first in my life I found enterteiment with a clip about business words. The clip is not tedious at all, rather ligth. I didn´t guess a single answer though.

  19. Try saying "common colloquial collocations". 🙂  If you're working in the US, your students might hear "shipping" or "shipment" instead of "delivery", depending on the context.  Another for loss that your students might hear is "loss leader".  Another for "price" is "wholesale price".  There's also "net profit".  In the US, your students will hear "lay offs" instead of "redundancies".  "Redundant" is not all that common a word in the US, really, in any context.  I hope you don't mind this input.  Lovely video!

  20. Hi Lucy!
    I love your channel. I’ve been living and working in the U.K. for the past 7 years but I still love your videos and the way in which you pronounce words. It’s almost therapeutical ahah!
    Just spotted a couple of mistakes on the slides; isn’t “scheduled delivery” spelt with a C? Equally I think “to receive a delivery” is shown with the E and I mixed up. I thought I’d share as I’m sure it’s just a typo but might be misleading to beginners. 🙂
    Love your content!
    Audrey

  21. Thank you so much for your help, I'm improving my language skills very quickly!!! Greeting from Argentina 🙂

  22. You know what lucy ! I fully understand your lesson and really really like them BUT I can’t save them in my mind WHY in the world the miss i liked to learn with her i can’t save her lessons 😫

  23. Thanks a lot for teaching technical knowledge!
    Many collocations learned and waiting more .
    Keep doing!

  24. Hi lucy ur voice is like an angel voice your English is as fountains falling from mountain of himalya the words pronounced by your rosy lips like the rain falling in the state of North East in india meghalya. Message from jassi in the depth of my heart

  25. Hello Lucy! Nice to see you! Thanks a lot for the lesson! It was a hard lesson for me. So that I wouldn't like to show my score this time:(

  26. Maybe someone already noticed it, but it is written twice "recieve" instead of "receive". Btw I really like this channel

  27. Thanks Lucy, your lessons were very useful to me and it developed a lot of concepts, Finally I hope from you to do a lesson about 'the use of punctuation marks'

  28. hii, where did lucy learn spanish from? and did someone know best channel to learn spanish who have video and teach us the way Lucy did

  29. Hi, very helpful good lesson Lucy. By the way where is the dancing part at the end of the video? I like it so much. 🙂

  30. 6:05 you forgot to put "expanding market". But thank you very much, I've learned a lot from this video❤️❤️

  31. 1) Advice – sound advice, piece of advice, expert advice, professional advice, legal advice, take someone’s advice, give a word of advice, give a abit of advice, give a piece of advice

    2) Brand – leading brand, major brand, well known brand, brand idendity, brand awarness

    3) Budget – budget cuts, budget constraints, tight budget, shoesting budget

    4) Conclusion – draw a conclusion,reach a conclusion, jump to a conclusion, draw conclusions,logical conclusion, in conclusion

    5) Cost – porhibitive cost, rising cost, escalating cost, additional cost, operating cost, administrive cost, cut costs, low cost, keep costs down, maintain low costs

    6) Customer – loyal customer, regular costumer, satisfied customer, customer service or support, deal with a customer, help a customer, asist a customer,lose a customer, keep a customer, attract a customer, a costumer base

    7) Decision – tough desicion, hasty desicion, quick or premature desicion, unanimous desicion, make a desicion

    8) Delivery – fast delivery, free delivery, guarentee delivery, sheduled delivery, next delivery, to make a delivery,to accept a delivery, to recieve a delivery, a delivery service

    9) Estimate – rough estimate, prelimanry estimate, realistic estimate, reasonable estimate, considerable estimate, give an estimate, provide an estimate,

    10) Experience – lack of experience, wealth of experience, considerable experience, valuable experience,hands on experience, personal experience, rewarding experince, unforgettable experience, learn from experience, gain experience

    11) Knowledge – working knowledge, techincal knowledge, first hand knowledge, aquire knowledge, gain knowledge, apply knowledge, broaden knowledge,to the best of one’s knowledge

    12) Loss – heavy loss, significant loss, huge loss,

    13) Market – competitive market, foreign market, global market,international market, black market, expanding market,growing market, stock market, market value, market conditions, market leader, to be in the market

    14) Mistake – big mistake, huge mistake, terrible mistake, honest mistake, common mistake, make a mistake, repeat mistake, learn mistake, an easy mistake to make

    15) Payment – annual payment, monthly payment, interest payment, down payment, make a payment, recieve a payment, stop a payment, demand a payment, payment in advance

    16) Price – high price, exorbitat price, low price, reasonable price, the right price, asking price, half price, retail price, cut prices, quote someone on a price, something go up in price, price range, price increase, price cut,

    17) Production – increase production, production costs, mass production,start production, stop production

    18) Profit – gross profit, first/second/thirth/fourth quarter profit, anual profit, make a profit, generate profit, maximize profit, profit margin

    19) Risk – high/low risk, big risk, considerable risk, calculated risk, safety/health risk, minimize risk, take a risk, run the risk of something, do something at one’s own risk, outweigh the risk of something

    20) Salary – high/low salary, competitive salary, starting salary, anual/monthly salary, receive a salary, a salary cut

  32. Hi Lucy, thank you for your video. At 9:01, there is a mistake: recieve, it should be receive.

  33. Acquire knowledge – acquire is written with a C in it. But anyway this video is quite useful to acquire some knowledge. Thanks!

  34. Just worried about the spelling here. It is spelled as "receive" on dictionaries but it seems there was a typo there as it was spelt as "recieve a delivery". Thanks

  35. I don't know the answer of quiz except number 7. I thought that I'm not good at understanding business vocabularies.

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