This section defines the following business terms:

 

• Accounting
• Banking
• Finance
• Marketing
• Insurance
• Real Estate

 

Business terminology, central to business communication, contains vocabulary specific to the various areas of the business community. While the segments share common ground, each communicates in ways that best define the individual operations of that field. Taking some time to understand some of the key segments may allow you enhanced communication in that segment, and also enable you to determine the most appropriate person to contact.

 

It's also important to understand the connections between the different segments. What follows are briefs on key segments, what they do, and how they relate to each other. This information can be most useful if you further study the flow of these segments in an attempt to visualize them in the real world. You will find plenty of content on the internet, such as case studies, that can support your learning efforts.

 

You will receive considerable benefit if you learn the words that relate to each segment. Give yourself a running start to further develop your communications skills for success in the real world.