IELTS Vocabulary part 3: Business🫡

1️⃣ Merger - combination of two companies to form one
2️⃣ Profit margin - the difference between revenue and cost
3️⃣ Stakeholder - a person or group with an interest in a company’s success
4️⃣ Revenue - income generated from sales
5️⃣ Bankruptcy - legal status when a person or company cannot repay debts
6️⃣ Asset - a resource owned by a company
7️⃣ Liability - a debt or financial obligation of a company
8️⃣ Equity - ownership interest in a company
9️⃣ Dividend - a share of profits distributed to shareholders
1️⃣0️⃣ Market share - the percentage of an industry’s sales controlled by a company
1️⃣1️⃣ Inflation - a general increase in prices over time
1️⃣2️⃣ Recession - a period of economic decline
1️⃣3️⃣ Supply chain - the network involved in producing and delivering products
1️⃣4️⃣ Outsourcing - hiring external firms to perform business functions