The Lexicon
Browse Business.
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entrepreneur
noun
A person who organises and operates a business, taking on financial risk to do so.
globalisation
noun
The process by which businesses develop international influence or operate on an international scale.
revenue
noun
Income generated by a business from its normal business activities.
supply chain
noun
The network of organisations involved in producing and delivering a product to the consumer.
merger
noun
The combination of two organisations into one.
outsourcing
noun
Obtaining goods or services from an outside supplier instead of producing them internally.
investment
noun
The action of putting money or resources into something for future benefit.
brand
noun
A name, design, or symbol that distinguishes a company's products or services.
productivity
noun
The efficiency with which inputs are converted into outputs in a business or economy.
tariff
noun
A tax imposed on imported goods and services.
monopoly
noun
Exclusive possession or control of the supply of a commodity or service.
stakeholder
noun
A person or group with an interest or concern in something, especially a business.
recession
noun
A period of temporary economic decline, marked by a fall in GDP and rising unemployment.
incentive
noun
A thing that motivates or encourages someone to do something.
sustainability
noun
The ability to maintain business practices without long-term damage to the environment.
inflation
noun
A general increase in prices and fall in the purchasing value of money.
niche
noun
A specialised segment of the market for a particular kind of product or service.
dividend
noun
A sum of money paid to shareholders from a company's profits.
trademark
noun
A symbol, word, or words legally registered to represent a company or product.
outsource
verb
To obtain goods or services from an outside supplier rather than an internal source.