Language/Norwegian-bokmal/Vocabulary/Economic-and-business-language
In this lesson, we will explore specialized Norwegian Bokmål vocabulary related to economic and business language. Whether you're an entrepreneur, a student of finance, or simply interested in learning more about Norwegian Bokmål, this lesson will teach you the essentials you need to know. Norway is an affluent country, so economic and business issues are central to Norwegian society. Therefore, it’s essential to master the vocabulary specific to these fields for effective communication in Norwegian Bokmål-speaking societies.
Money and Finance
Let's start with the basics of money and finance. These are essential concepts to understand in the world of business and economics.
| Norwegian Bokmål | Pronunciation | English |
|---|---|---|
| Penger | /pɛŋər/ | Money |
| Økonomi | /økɔnɔmi/ | Economy |
| Bankkonto | /bæŋkkɔnto/ | Bank account |
| Skatt | /skɑt/ | Tax |
| Rente | /rɛntə/ | Interest |
| Inflasjon | /ɪnflɑːsjɔn/ | Inflation |
Now that you know some essential vocabulary let's move on to some useful business terms:
Business Terminology
The following terms are crucial to know for anyone working in business or entrepreneurship.
- Ledelse - Management
- Markedsføring - Marketing
- Økonomisk vekst - Economic growth
- Forskning og utvikling - Research and development
- Aksje - Share
- Budsjett - Budget
- Avkastning - Return on investment
- Gjeld - Debt
- Skattesats - Tax rate
- Omsetning - Turnover
- Kunde - Client
- Leverandør - Supplier
Let's move to more specialized vocabulary that is commonly used in the economic and financial world:
Specialized Vocabulary
- Kapital - Capital
- Aktiva - Assets
- Passiva - Liabilities
- Bilateral handel - Bilateral trade
- Frie midler - Free funds
- Økonomisk styring - Financial management
- Verdsettelse - Valuation
- Bruttoprodukt - Gross domestic product
- Importkvote - Import quota
- Importtoll - Import duty
Examples
Here are a few examples of how to use some of the specialized words in context:
- Det økonomiske resultatet i siste kvartal var veldig bra. (The financial result in the last quarter was very good.)
- Vi undersøker en oppkjøpsavtale for å øke vår omsetning. (We're exploring a merger to increase our turnover.)
- Selskapet har investert i forskning og utvikling for å få større avkastning. (The company has invested in research and development to achieve higher returns.)
- Regjeringen har innført nye reguleringer for å kontrollere inflasjonen. (The government has introduced new regulations to control inflation.)
With this specialized vocabulary, you can effectively communicate and participate in economic and business discussions in Norwegian Bokmål.