budgetnoun / verb
n budgetv budgetadj budgetary
The marketing department exceeded its budget by 15% in the third quarter.
TOEICB1→B2Business English
TOEIC Essential Vocabulary
400 high-frequency business English words organised by workplace topic — finance, HR, travel, marketing, legal, and more. Covers the core vocabulary tested across all TOEIC Listening and Reading parts.
400 essential words8 business topicsWorkplace scenariosTarget: 600–800+
What does TOEIC test?
The TOEIC (Test of English for International Communication) measures your ability to use English in real workplace situations. Unlike academic English, TOEIC vocabulary is built around professional scenarios — office conversations, business emails, announcements, reports, and phone calls.
TOEIC does not test highly technical or industry-specific jargon. Instead, it focuses on universal workplace communication: scheduling meetings, discussing budgets, dealing with customers, booking travel, and understanding HR policies.
Browse by topic400
Core business wordsCovering 8 workplace topics — the foundation for TOEIC 600+.
7
Parts in TOEIC L&RVocabulary appears in every section: photo descriptions, conversations, talks, sentence completion, and reading passages.
B1–B2
CEFR level rangeMost TOEIC core vocabulary is intermediate. Advanced scores (850+) also require strong listening fluency.
990
Maximum TOEIC score495 Listening + 495 Reading. Vocabulary knowledge directly impacts both sections.
Score reference
TOEIC Score & CEFR Level
Where do these 400 words fit in the TOEIC score scale?
220–545A2
Elementary. Basic workplace vocabulary — greetings, simple requests, numbers.
550–780B1–B2
This word list. Business discussions, reports, emails, and workplace scenarios.
785–900B2+
Upper-intermediate. Nuanced business language, complex negotiations.
905–990C1
Advanced fluency. Near-native comprehension of natural business speech.
Word list by topic
400 Essential TOEIC Words
Select a business topic to browse its vocabulary, related word forms, and example sentences from real workplace contexts.
Finance & Business — 50 words. Accounting, banking, investment, and financial reporting vocabulary. Appears in TOEIC Parts 6 and 7 business documents.
revenuenoun
n revenueadj revenue-generating
Annual revenue increased by 22% following the product launch.
invoicenoun / verb
n invoicev invoice
Please invoice the client for all hours worked before the end of the month.
expenditurenoun
n expenditurev expendadj expendable
Capital expenditure on new equipment was approved at the board meeting.
quarterlyadjective / adverb
adj quarterlyadv quarterlyn quarter
The quarterly financial report will be presented to shareholders on Friday.
reimburseverb
n reimbursementadj reimbursable
Employees will be reimbursed for travel expenses within 30 days of submission.
forecastnoun / verb
n forecastv forecast
The sales forecast for next year projects a 10% increase in domestic markets.
deficitnoun
n deficitadj deficit
The company reported a deficit of $2.3 million in its year-end accounts.
fiscaladjective
adj fiscaladv fiscally
The fiscal year ends on the 31st of December for most European subsidiaries.
Showing 9 of 50 Finance words. Full exercises available below.
Related vocabulary and grammar topics
Frequently asked questions
TOEIC Vocabulary Questions
TOEIC tests business English vocabulary across workplace scenarios: office administration, finance, HR, travel, marketing, legal, and customer service. A core set of 400 high-frequency business words covers the language patterns that appear repeatedly in TOEIC Listening (Parts 1–4) and Reading (Parts 5–7).
Mastering these 400 essential words is designed to support a TOEIC score of 600–800+. Learners at B1 level can expect to reach 550–650 with strong vocabulary knowledge; B2 learners aiming for 750–850 should also focus on listening fluency and reading speed alongside vocabulary.
By topic. Unlike academic vocabulary (AWL), TOEIC words appear in themed listening passages and reading texts. Learning words in their business context clusters (HR, finance, travel) makes them easier to remember and faster to recognise in the exam.
Yes. All exercises on EngQuiz.Pro are completely free — no account required. Your scores are saved locally in your browser.