
Spanish Business Vocabulary and Phrases You Need to Know
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The development of new competitive markets and growth opportunities for foreign investment in Spanish-speaking countries has made knowing Spanish an indispensable requirement for standing out in the business field.
In this global world, no business, regardless of its scale, limits its reach to local markets and organizations anymore, thanks to the focus on digital interconnectivity that has brought the COVID-19 pandemic.
To conduct business successfully, effective communication is key. With almost 500 million speakers around the globe, recent reports show that Spanish has become the second most spoken language in the world just after Chinese Mandarin, proving the relevant role it has played in cultural and economic development.
And it’s with that in mind that companies value the prospect of having people with multilingual skills among their ranks that can help foster stronger relations with clients, service providers, and other businesses, ensuring prosperity and growth.
Thinking of learning a new language? Here we’ll give you plenty of reasons on why you should study Spanish as a second language.
What is business Spanish?
Bear in mind that the business field conveys in itself its own formal practices, specialized terminology, and technical vocabulary that allow the proper understanding between two or more parties in order to conduct successful trading with each other.
For that reason, we regard business Spanish as a technical specialty in this language study. But in language, no matter your area of expertise, context is important to effectively communicate ideas, and to do so you can’t limit yourself to technical vocabulary alone.
It’s recommended to learn Spanish comprehensively so you can have a solid notion of how ideas are constructed using phrases, vocabulary, grammar, and the preparation you need to handle real-life scenarios in the field.
Business Spanish is used in professional contexts, avoiding colloquialisms and giving special emphasis to the proper use of specialized jargon, showing confidence and expertise in formal communication.
How useful is it to learn Business Spanish?
Challenging times like we’re living in today bring novel ways to accomplish goals, to work, and do things better. In the digital era, intercultural and virtual teams are a trend for startups and big corporations alike.
We all agree that having multilingual language skills can open new opportunities for professional career growth, but have we thought of the impact on our experience in the working environment?
Employees with knowledge of Spanish for business would improve team productivity by communicating effectively, minimizing stress, and promoting optimal performance.
Customer service employees with Spanish-speaking skills can help the company reduce the dependency on interpreters, resulting in more valuable negotiations.
Employees that can communicate with consumers in their native language will be able to create relationships, trust, and client loyalty far more effectively. And in a global market, great business trades rely on that.
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Is Spanish a business language? Its global reach proves it is
Beyond the number of speakers worldwide, Spanish maintains a status of relevance as it is also considered an official language in several international organizations such as the UN, Mercosur, OAS, European Union, WTO, among others, making the language fundamental for any political, economic integration, tourism or any other trade agreements at a worldwide scale.
Attractive incentives for foreign companies, an abundance of natural resources and competent human talent makes Latin America a prospective market for investment.
The Spanish-speaking world has a worldwide outlook, a top education system, a culturally diverse population and a booming entrepreneurship since the last decade. Any company aiming to expand to new markets should find the region as an unquestionable spot for business opportunities.
Basic business Spanish vocabulary to get started with
The following are some basic words and expressions that you might frequently hear in the business Spanish vocabulary. Let’s dive into them:
Spanish 6542_0a39a7-ef> |
English 6542_b878de-23> |
---|---|
Economía 6542_e3b191-56> |
Economy 6542_62ac74-ab> |
Contrato Laboral 6542_a3f8c6-86> |
Labor Contract 6542_68c1a2-a8> |
Contrato Fijo o Indefinido 6542_4bff65-85> |
Fixed or Indefinite Contract 6542_23ae94-cb> |
Contrato Parcial 6542_3f2811-5e> |
Partial Contract 6542_322d62-c1> |
Empresa 6542_e18eec-dc> |
Company 6542_d76535-0e> |
Los Negocios 6542_9c4029-3a> |
The Business 6542_d83815-be> |
Mercado 6542_4dee1e-82> |
Market 6542_d8fbcf-b0> |
Clientes 6542_66a6da-b8> |
Clients 6542_d93460-6b> |
Consumidores 6542_0de1b1-1a> |
Consumers 6542_6f4984-bb> |
Oferta y Demanda 6542_f76c3f-bb> |
Supply & Demand 6542_9aa764-ac> |
Bienes y Servicios 6542_3d9fdc-68> |
Goods & Services 6542_6fe587-67> |
Industria 6542_217849-76> |
Industry 6542_a4776c-d4> |
Promociones 6542_ad4193-96> |
Promotions 6542_2e8045-c2> |
El Precio 6542_f6bb5a-6d> |
Price 6542_fb1f12-4a> |
Publicidad 6542_d50493-fb> |
Advertising 6542_925f1b-8b> |
Ventas 6542_c8a17c-f5> |
Sales 6542_5eacfb-01> |
Compras 6542_56ed73-af> |
Purchasing 6542_773b89-a2> |
Exportaciones 6542_5750f9-f9> |
Exports 6542_628ef5-e1> |
Importaciones 6542_2ed508-5f> |
Imports 6542_6c0c78-c2> |
Aduana 6542_a172c9-53> |
Customs 6542_8f0e20-e5> |
Riesgo 6542_2baf8b-be> |
Risk 6542_20b6c2-c2> |
Costos 6542_f7bf66-e7> |
Costs 6542_e3a903-65> |
Ganancias 6542_d29ea3-d1> |
Profit 6542_925702-61> |
Comercial 6542_562547-5c> |
Commercial 6542_53761e-63> |
Comercio 6542_a7a824-d1> |
Trade 6542_11ad40-19> |
Basic Business Spanish Vocabulary: industry positions and departments
Each position mentioned in the following list are of key importance in Spanish business management vocabulary:
Spanish 6542_38fb12-40> |
English 6542_a2f675-37> |
---|---|
Presidente 6542_bc4e9c-33> |
President 6542_707c7b-ff> |
Accionista 6542_b3802d-8b> |
Shareholder 6542_6ab9eb-85> |
Junta Directiva 6542_df720f-64> |
Board Of Directors 6542_e08be6-4f> |
Equipo 6542_f2bd7b-30> |
Team 6542_509b77-ce> |
Vicepresidente 6542_529a81-9c> |
Vice President 6542_c26b8c-38> |
Gerente General 6542_6b99e3-61> |
General Manager 6542_587fd6-f8> |
Director General 6542_531c83-39> |
Managing Director 6542_dd3052-c1> |
Contratistas 6542_36592c-ec> |
Contractors 6542_df51e2-6f> |
Ejecutivos 6542_d25f91-d4> |
Executives 6542_77c737-52> |
Publicistas 6542_d7dd6e-73> |
Advertisers 6542_5446d6-0c> |
Vendedores 6542_f0db60-15> |
Sellers 6542_8ff6de-dd> |
Empleados 6542_43f065-29> |
Employees 6542_004047-d2> |
Departamento De Administración 6542_95013e-be> |
Administration Department 6542_c5164e-c7> |
Departamento De Finanzas 6542_cdc2e5-88> |
Finance Department 6542_ce4bde-13> |
Departamento De Marketing 6542_d167e1-77> |
Marketing Department 6542_bc5fd3-6a> |
Departamento De Ventas 6542_0046a9-a9> |
Sales Department 6542_9945c6-29> |
Asociados 6542_c806b9-b0> |
Associates 6542_1f8abf-9f> |
Recursos Humanos 6542_0e87d5-72> |
Human Resources 6542_a925de-ac> |
15 Essential Spanish Phrases Most Used in a Business Meeting
Regardless of the type of meeting or the topic being discussed, a few expressions can be very helpful. We have listed some of the Spanish phrases most often said in a business meeting.
Spanish 6542_772cf0-42> |
English 6542_d52472-c8> |
---|---|
Es momento de dar inicio a la reunión de negocios 6542_535e3b-8f> |
It’s time to start the business meeting 6542_bf4b88-07> |
Presten atención a los siguientes puntos 6542_9180e1-0b> |
Pay attention to the following points 6542_e4166d-e7> |
Nos reuniremos en la sala de conferencias 6542_e7fb46-b8> |
We will meet in the conference room 6542_79755b-5b> |
Ya está todo arreglado para comenzar a discutir los términos 6542_e9e74c-ee> |
It’s all set to start discussing the terms 6542_02c621-03> |
Es momento de presentar el proyecto 6542_aa63ad-4f> |
It’s time to present the project 6542_eb73df-78> |
No estoy de acuerdo con lo que propone 6542_d9c5f1-90> |
I do not agree with what you are proposing 6542_3e18cc-65> |
¿Cuándo es la firma del contrato? 6542_30e685-31> |
When is the signing of the contract? 6542_bc8b19-d9> |
Estamos muy complacidos que esta reunión se lleve a cabo 6542_dde291-1e> |
We are very pleased that this meeting is taking place 6542_039a7f-39> |
Quedo atento a su respuesta 6542_8fb0f7-68> |
I look forward to your response 6542_59e444-b0> |
¿Puedes enviar la información por correo electrónico, por favor? 6542_90fa17-26> |
Could you send the information by email, please? 6542_5620b7-6d> |
¿Cuál es su proyección de ventas para este año? 6542_a1a611-ea> |
What is your sales projection for this year? 6542_2f0af9-6f> |
¿En que basa sus estimaciones de productividad |
On what do you base your productivity estimates for this project? 6542_89211c-f1> |
¿En qué plazo cree que tendremos un retorno de la inversión? 6542_b9cc41-a6> |
How soon do you think we will have a return on investment? 6542_125744-e4> |
¿Cuáles son sus estimaciones a futuro? 6542_45935a-f3> |
What are your estimates for the future? 6542_88f972-62> |
Es un placer hacer negocios con su firma 6542_9e576c-f4> |
It is a pleasure to do business with your firm. 6542_32d182-2b> |
Effective ways to learn business Spanish
The importance of learning Spanish has become increasingly necessary for use in either personal or professional settings.
Spanish is a fascinating language, and mastering it will give you another perspective; you will have a better competitive position and the opportunity to get to know fascinating places, people, and cultures.
The courses offered by SpanishVIP are taught by a highly qualified and dedicated team of native teachers who provide a wide variety of methods to improve fluency and interactive skills in a Spanish-speaking environment.
If you’re ready to take your practice to the next level, our team can support you. Try a free class or sign up for a free 7-day trial of our group classes to see why thousands of students trust SpanishVIP!