ABOUT general BUSINESS ENGLISH FOR FINANCE
When working on your Business English in the area of finance it's important to differentiate 'Specialist Finance Terms' from 'General Business English' (GBE).
Specialist Finance Terms are used by finance specialists, so these terms are used 'one accountant to another'. It's not necessary to know this specialist language unless you work in Finance.
General Business English however includes a range of must-know words, abbreviations and phrases that relate to finance. All managers should understand these terms. Here are some examples of General Business English terms that relate to finance:
Operating Profit
EBITDA
Turnover
Churn
Rebate
Cashflow
Debtor Days
Budget
You might not use these terms every day in your job, but it's important that you have a general idea what they mean. These concepts will be discussed more and more as you are promoted in the organisation.
We learn to be comfortable using General Business English for finance by practicing usage. This often involves role play. Try out our Business English Test if you are unsure of your level in this area. There's a button at the top of this page to link you to the test.
