TOEIC Vocab 3

benefit: (noun)

• Hours worked in addition to the regular schedule.
• Something a company gives employees other than salary/a perk
• A written agreement to rent something.
• The rate at which people leave an organization and are replaced by other people.

CEO: (noun)

• A type of company
• The managing director
• A mobile phone contract
• A logistics abbreviation

overtime: (noun)

• Working flexible hours
• The rate at which people leave an organization and are replaced by other people.
• Public holidays
• Hours worked in addition to the regular schedule.

resign: (verb)

• To get the sack.
• To sign a contract with another company.
• To voluntarily leave a position.
• To accept a decrease in oneʹs salary.

take a pay cut: (verb)

• To accept a decrease in oneʹs salary.
• To invest in company shares.
• To get a pay rise
• To work for benfits in kind.

turnover: (noun)

• The total number of employees.
• The value of company shares.
• The number of clients.
• The rate at which people leave an organization and are replaced by other people.

borrow: (verb)

• To temporarily use something without paying for its use.
• To sign a contract with another company.
• To voluntarily leave a position.
• To accept a decrease in oneʹs salary.

lease: (noun)

• A written agreement to rent something.
• Something a company gives employees other than salary/a perk
• an open-plan office
• A piece of furniture.

mortgage: (noun)

• A written agreement to rent something.
• An agreement that allows you to borrow money from a bank to buy a house.
• A written contract for insurance.
• Bad working conditions

policy: (noun)

• A security guard
• a pay slip
• A written contract for insurance.
• a schedule