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Samenvatting - Economisch Engels I

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Samenvatting van 9 pagina's voor het vak Economisch Engels I aan de KU Leuven (engels woordenschat)

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WORD COLLOCATIONS + MEANING WORD

plant fabriek ;The company opened a new manufacturing plant to increase production. quality high quality We always aim to provide high quality
products to our customers.

portfolio noun: diverse business portfolio (activiteiten portefeuille) ;Our company manages a raise raise prices; Due to inflation, we were forced to raise
diverse business portfolio across several industries. prices this quarter.

range verb: range from … to … The prices for our new services range from €10 to €500 range noun: price range - product range - a wide range of
products
verb: business portfolio ranges from… to …
We offer a wide range of products within various price
ranges.

record noun: track record ;The CEO has an impressive track record of increasing annual profits. repeat to repeat business; Providing excellent service is the best
way to repeat business

run noun: family-run business; He prefers working for a small family-run business. research to conduct market research; It is essential to conduct
market research before launching a new brand.

senior noun: senior executives, senior management retail retail price; The retail price is often much higher than the
= highest level of managers in an organisation The senior executives made the final wholesale price.
decision about the merger.

small adj: small and medium-sized firms ;Most of the local economy relies on small and retailer high street retailer; That high street retailer has branches
medium-sized firms. in every major city.

spokesman, - prep: a spokeswoman for company x rival
woman, -person = woordvoerder ; The spokeswoman for company X addressed the media this morning.

staff noun: staff member (member of staff) ;Every staff member is required to attend the sale; Despite the sale(s) of - stong sales figures - (go) on sale - put up for
safety training. decline in retail sales, sale - sales growth - retail sales - strong sales
our online sales growth to go on sale,
remains strong. decline in retail sales

stakeholder keu stakeholder groups= belanghebbende partij sell best-selling (product); This has become our best-selling
We need to identify the key stakeholder groups before starting the project. product this year

step down verb: to step down as chief executive officer service goods and services - provide a service
executive = kaderlid, iem met hoge positie → executive director We strive to provide a service that covers both goods
He decided to step down as chief executive officer after ten years. and services

subsidiary share market share; The company successfully increased its
market share last year.

target verb: to reach its target audience (= doelpubliek) store department store; You can find everything you need in a
Marketing campaigns must reach their target audience to be effective. large department store.

, 2
track noun: track record = strong achievement strong strong demand for; There is currently a strong demand
Her track record shows a history of strong achievement. for sustainable energy solutions.

worker prep: workers at company x (= arbeiders) supply supply and demand; Market prices are generally
analoog: an economist at the bank; There are over five hundred workers at company X. determined by supply and demand.

empire verb: to build a global business empire value good value - offers good value services
It took decades to build a global business empire. to be valued at …; Our firm offers good value services
and is valued at 2 million euros

low noun: low-income (average income), low labour costs war price war; The two companies are engaged in a fierce
The region is known for its low labour costs and low-income families. price war.

to make made redundant from my job wholesale (groothandel) wholesale price; Most retailers buy their stock at a
= werkloos geworden wholesale price and sell it at a profit.
redundancies = afvloeiingen
redundancy = afvloeiing → to volunteer for redundancy
After the merger, many employees were made redundant from their jobs.

market noun: job market It is very difficult for young graduates to enter the current job market. afford cannot afford to; Small startups often cannot afford to
hire expensive consultants

a package noun: pay package (salaris, loonpakket) The new manager was offered a very attractive asset(s)
pay package.

part-time noun: part-time work bill pay the bills; It is getting harder for low-income families to
Many parents prefer part-time work to better balance their family life. pay the bills every month

pay noun: executive pay (= loon van management), pay package (loonpakket), pay rise bottom bottom line; The CEO is always focused on the bottom
The unions are negotiating for a significant pay rise for the staff. line and the net profit of the company.

a pension noun: pension fund; break even
The company contributes a percentage of every salary to the pension fund.

a redundancy afvloeiing; The factory closure resulted in over two hundred redundancies. cash (… million / billion) in cash - cash pile - cash flow
Managing the cash flow is vital for the survival of any
small business.

a redundant made redundant; He was made redundant after the company decided to automate the charge to charge … for; The law firm will charge a fixed fee for
production line. their legal advice.

a retirement noun: retirement age, early retirement (= vervroegd pensioen) cost; High operating operating costs - labour / labor costs (= loonkosten) -
verb: to raise the retirement age costs can significantly low-cost (airline)- cover the cost(s) (of) - fixed costs -
The government is planning to raise the retirement age to sixty-seven reduce the total profit of variable costs
a plant.

to rise pay rise (lonen stijgen) cover cover the cost(s) (of); The revenue from the sales was just
When inflation is high, employees usually demand a pay rise to maintain their purchasing enough to cover the costs of production.

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Uploaded on
February 25, 2026
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