Business Vocabulary — Set 2: In Context flashcards
10 of 33 cards free to study here · 9 topics · the whole deck is built into Willys
Fill the blank: 33 of the Set 2 terms, each in a new sentence from working life, from earnings reports and factory floors to meetings and contracts, whose clues point to one term (where a second also fits, the back says so).
Learn deck · part of Business Vocabulary · written against: The terms of everyday business, finance, marketing and the workplace; American usage; our own word selection. Updated 2026-10-10.
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With only two pharmacists on shift, Brennick Pharmacy made filling prescriptions for patients just home from the hospital its first ______ and left restocking the vitamin aisle for the morning.priorityStrategy & Planning
Something dealt with first, ahead of work that can wait, is a priority. A goal or an objective is a result to work toward; here the question is which task comes first and which waits. -
The grocery chain's new ______, a two-year program to cut food waste by giving unsold bread to shelters, starts in its twelve northern stores in March.initiativeStrategy & Planning
When an organization rolls out a program against a problem like food waste, that program is an initiative. A campaign can also name an organized push toward a goal, not just a run of ads or messages, so it fits here too.
Also right: campaign -
Unable to pay her first engineer a full salary, the founder of Quillby offered her ______ instead: two percent of the company, worth something only if it succeeded.equityFinance & Accounting
Two percent of the company is ownership: equity. A commission is a share of a sale's price, and an incentive would need "an." -
Last month, after shifts were stretched from eight hours to ten, the packers' ______ averaged a thousand boxes a day, up from eight hundred, though no one packed more per hour.outputOperations & Supply
What the packers actually turned out, a thousand boxes a day on average, is their output. Productivity measures what's made per hour, and that didn't change; capacity is the most they could pack, not what they averaged. -
Okafor Logistics never had to look for its new supervisor: the temp who had driven its forklifts for a year asked for a permanent job, and the company decided to ______ her starting Monday.hirePeople & Management
Taking someone onto the staff for pay is hiring them. To recruit is to go looking for people and win them over, and nobody was sought out here: the temp asked. -
A guaranteed window seat on Corva Air comes at a ______: fifteen dollars on top of the regular fare, paid when the ticket is booked.premiumDeals & Negotiation
Fifteen dollars more than the regular fare for a better seat is a premium. "On top of the regular fare" rules out discount, and a deposit is money paid in advance to hold a booking or as security, not a charge for an add-on. -
In four years the Calder shipyard swung from ______ to bust: it hired two thousand welders and still turned away orders, then laid nearly all of them off.boomEconomics & Markets
When an industry grows so fast that hiring and orders shoot up, that is a boom, and the set phrase is "from boom to bust." Growth and expansion can name a busy time too, but the fixed partner of bust is boom. -
The new labeling law took effect in January, but Sorrel Snacks was still out of ______ in March, its bags missing the required allergy warnings.complianceLaw & Compliance
Staying within the rules a business must meet is compliance, so "out of compliance" means breaking them. A regulation is the rule itself, and nobody is "out of regulation." -
Advertisers must approve their page proofs by noon Tuesday, the printer's ______, or their ads get pushed back to the following month's issue.deadlineMeetings & Communication
The cutoff for turning work in, noon Tuesday, is a deadline. Lead time is a span between order and result, not a fixed cutoff. -
Pellow Airways' check-in agents still type codes onto green-on-black screens: behind them sits a ______ written in 1987, which the airline does not dare replace because the switch would put every booking at risk.legacy systemTechnology & Data
An old computer system kept because replacing it is risky is a legacy system. Software would not take "a," and a platform is what other software is built on; the clue here is the age and the danger of swapping it out.
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About these cards
Review status: Second-reader reviewed, with corrections applied.
Checked against:
- Senses and parts of speech checked against Merriam-Webster.com, the American Heritage Dictionary, the Oxford Learner's, Longman and Cambridge learner's dictionaries and the SEC's Investor.gov glossary; all definitions, notes and example sentences are original.
- Word selection is our own, by frequency (wordfreq, CC BY-SA 4.0) and editorial judgment; no publisher's business glossary is reproduced.
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