Advanced Vocabulary for IELTS 7.0 – 8.0 – 9.0: The Business World (Part 1)
Learn advanced vocabulary for IELTS 7.0 – 8.0 – 9.0 with a focus on the business world in our blog, which also includes exercises like fill-in-the-blanks,& collocations, to build topic-specific fluency in IELTS Writing and Speaking.
Table of Contents
- How Business Vocabulary Helps You Improve Band Scores?
- Key Vocabulary Areas in the Business World
- Section A: Business Verbs in Context
- Business Verbs: Usage Tips
- Section B: Business Collocations Matching
- Section C: Apply the Collocations in Sentences
- Answer Key
- Common Business Topics in IELTS Writing and Speaking
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To score a band 7.0 or higher in IELTS Writing or Speaking, it’s essential to use precise and topic-specific vocabulary. One such high-value topic is The Business World. Whether you are tackling essay questions about the economy, companies, or entrepreneurship, a strong command of business vocabulary can set your responses apart.
This blog post, Advanced Vocabulary for IELTS 7.0 – 8.0 – 9.0: The Business World (Part 1), introduces high-level verbs, collocations, and practical exercises to sharpen your lexical resource and accuracy. Let’s get started!
How Business Vocabulary Helps You Improve Band Scores?
Lexical resource accounts for 25% of your IELTS Writing and Speaking scores. Examiners reward the use of:
- Less common and topic-specific vocabulary
- Collocations and idiomatic expressions
- Accuracy in usage and spelling
Learning IELTS Vocabulary for Business prepares you to handle abstract or formal discussion topics, common in Speaking Part 3 and Writing Task 2.
Key Vocabulary Areas in the Business World
When preparing business Vocabulary for IELTS, focus on the following areas:
- Business operations and management
- Finance and investment
- Mergers and acquisitions
- Human resources and employment
- Economic trends and policy
This blog post covers verbs, collocations, and expressions across many of these areas.
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Section A: Business Verbs in Context
Use the advanced verbs from the list below to complete the sentences (1–20). This section tests your ability to understand and apply verbs used frequently in business contexts.
Verb List: facilitate, issue, overrun, direct, audit, write, face, put, convene, embark, budget, break, operate, put, engage, wind, recapitalise, run, float, strip, merge, form, cut
Complete the sentences:
- All staff have been warned that they ___________ the axe should productivity not improve...
- Rumours abound that Maxwell Mining is about to __________ on the stock exchange.
- There is talk of the two struggling companies __________...
- The company is willing to __________ on a hostile takeover bid...
- Management has promised to __________ an easy transition...
- The company __________ an unexpected profit warning...
- The owners have made the decision to __________ the business up...
- The owners __________ a very tight ship...
- The two former rivals have __________ an unlikely strategic alliance...
- The board has __________ forward a motion of no confidence...
- The company’s assets have been __________ down...
- The company’s books were __________ by Deforbes Accountants...
- The additional expenditure had not been __________ for...
- The interim team is looking to __________ the firm...
- In an effort to __________ wage-related costs...
- Staff have been __________ on notice...
- Financial mismanagement has resulted in spending __________ considerably...
- The value of the company has been __________ down...
- The company had succeeded in __________ even...
- A meeting of the Board has been __________ to discuss...
Business Verbs: Usage Tips
- Facilitate = make a process easier or smoother
- Recapitalise = restructure the company’s capital or finance
- Float = launch on the stock market
- Merge = combine with another company
- Overrun = exceed time or budget
Understanding the nuances of these words helps ensure accurate usage and tone in your IELTS Speaking answers.
Section B: Business Collocations Matching
Collocations are natural word combinations that make your English sound more fluent and native-like. They also enhance coherence in both IELTS Writing Task 1 and IELTS Writing Task 2 and Speaking.
Match words from Column A with their strongest business-related collocates in Column B to improve recognition of business word pairings.
| Column A | Column B |
|---|---|
| (a) credit | (iii) check |
| (b) credit | (iv) crunch |
| (c) double-dip | (ii) recession |
| (d) cottage | (i) industry |
| (e) corporate | (vii) ladder |
| (f) cash | (viii) flow |
| (g) junk | (ix) bond |
| (h) false | (vi) bottom |
| (i) factory | (v) floor |
| (j) cut-throat | (x) business |
| (k) exit | (xi) strategy |
Section C: Apply the Collocations in Sentences
Use the correct collocations from Section B to complete these sentences. These help build fluency in structured contexts like IELTS Speaking Part 3 and Writing Task 2.
- This is a(n) cut-throat business...
- Investors failed to notice the false bottom...
- The company did not consider creating an exit strategy...
- The bond was downgraded to junk bond...
- The company reassured shareholders about its cash flow...
- They ran a credit check and rejected the application...
- Word on the factory floor is that staff may strike...
- The double-dip recession is now confirmed...
- You’ll never reach the corporate ladder’s top unless...
- The credit crunch is affecting home buyers...
- She grew from a cottage industry into a global name...
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Answer Key
Check your answers to assess your vocabulary level. Understanding your mistakes can help you avoid similar errors in the actual test.
Section A – Verbs
- face
- float
- merge
- embark
- facilitate
- issued, put
- wind, operate
- run
- formed
- put
- stripped
- audited
- budgeted
- recapitalise
- cut
- put
- overrun
- written
- breaking
- convened, direct
Section B – Matching
- a. iii
- b. iv
- c. ii
- d. i
- e. vii
- f. viii
- g. ix
- h. vi
- i. v
- j. x
- k. xi
Section C – Sentences
- cut-throat business
- false bottom
- exit strategy
- junk bond
- cash flow
- credit check
- factory floor
- double-dip recession
- corporate ladder
- credit crunch
- cottage industry
Common Business Topics in IELTS Writing and Speaking
Business-related questions are common in IELTS Speaking Part 2 and IELTS Speaking Part 3. These may involve topics like globalisation, employment, or economics. Here are some IELTS topics where this vocabulary will be useful:
-
Writing Task 2:
- “Large businesses have more economic influence than governments.”
- “Governments should support local industries.”
-
Speaking Part 3:
- “Should employees have job security or performance-based contracts?”
- “What challenges do small businesses face today?”
Using specific business terms gives your answers more depth and precision.
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Building advanced vocabulary around the business world can dramatically increase your chances of scoring IELTS Band 7.0, 8.0, or even 9.0. By mastering topic-specific terms and applying them in context, you’ll stand out in both Writing Task 2 and Speaking Part 3. Practice regularly, use vocabulary in your mock tests, and stay tuned for Part 2 of the Advanced Vocabulary for IELTS 7.0 – 8.0 – 9.0: The Business World series! For those aiming for top scores, following IELTS Exam Preparation Tips for Band Score of 8+ can further enhance your vocabulary and overall test performance.
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