Essential Words for the TOEFL
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About the “Essential Words for the TOEFL” deck
Essential Words for the TOEFL is a set of 529 English words studied with spaced-repetition flashcards. Every card carries the word, its phonetic transcription, the meaning in your language and an example sentence, and it comes back for review right when you are about to forget it — so the words settle into long-term memory instead of fading after a day. The deck is aimed at learners around level A1.
24 words from this deck
| Word | Pronunciation | Meaning |
|---|---|---|
| customer | /ˈkʌstəmə(r)/ | This is a person or company who buys goods or services from a store or business. They are the ones who pay for what a company sells. |
| enterprise | /ˈentəpraɪz/ | This can refer to a business or company, especially a new or large one. It can also mean a difficult or important project that requires effort. |
| joint stock company | /dʒɔɪnt stɒk ˈkʌmpəni/ | This is a type of business where ownership is divided into many small parts called shares. Many people can own a part of the business by buying these shares. |
| earnest money | /ˈɜːnɪst ˈmʌni/ | This is a small amount of money paid by a buyer to a seller to show they are serious about buying something, like a house. It proves the buyer's commitment to the deal. |
| foreign currency | /fɒrən kʌrənsi/ | This refers to money used in a country other than one's own. For example, euros are this in the United States. |
| turnover | /ˈtɜːnəʊvə(r)/ | This can refer to the total amount of money a business earns from sales in a specific time period. It can also describe how often employees leave a company and new ones are hired. |
| company | /ˈkʌmpəni/ | This is a business or an organization that sells goods or services. Many people work together in this type of organization. |
| seller | /ˈselə(r)/ | This is a person or business that offers goods or services for sale. They are the one who provides items to buyers. |
| partnership | /ˈpɑːtnəʃɪp/ | This is an agreement where two or more people or groups work together, often in business. They share the risks and profits. |
| debt | /det/ | This is an amount of money that you have borrowed and must pay back to someone or an organization. It represents what you owe. |
| proposal | /prəˈpəʊzl/ | This is a formal suggestion or plan that is presented to others for them to consider. It often describes what you intend to do. |
| establish | /ɪˈstæblɪʃ/ | To do this means to start something new, like a company or a system, and make it permanent. You create it firmly. |
| charge card | /tʃɑːdʒ kɑːd/ | This is a plastic card you use to buy items or services, and you must pay the total amount back, often monthly. Unlike a credit card, you usually cannot carry a balance. |
| interest rate | /ˈɪntrəst reɪt/ | This is the extra percentage of money you pay when you borrow money, or the percentage you earn when you save money. It's the cost of borrowing or the reward for saving. |
| transaction | /trænˈzækʃn/ | This is an act of buying or selling something, or a business deal that takes place. It's any exchange of money or goods. |
| sale | /seɪl/ | This is when you give something to someone in exchange for money. It can also refer to a period when stores offer goods at lower prices. |
| statement | /ˈsteɪtmənt/ | This is an official document, often from a bank, that shows all your money movements over a period. It lists what you spent and received. |
| compensate | /ˈkɒmpenseɪt/ | To do this means to give money or something else of value to someone because you have caused them a loss or damage. You pay them for their trouble. |
| cooperation | /kəʊˌɒpəˈreɪʃən/ | This describes when people work together towards a shared goal or purpose. It involves helping each other. |
| buyer | /ˈbaɪə(r)/ | This is the person or company who purchases goods or services from a seller. They are the one making the purchase. |
| merge | /mɜːdʒ/ | To do this means to combine two or more separate things, especially companies, into one single entity. They become united. |
| business | /ˈbɪznəs/ | This is an organization that sells goods or services to make money. It can also refer to the work you do to earn a living. |
| commission | /kəˈmɪʃn/ | This is an amount of money, usually a percentage, paid to someone for making a sale or completing a service. It's often extra money earned based on performance. |
| private company | /ˈpraɪvɪt ˈkʌmpəni/ | This is a type of company whose ownership shares are not sold to the general public on a stock exchange. Its shares are usually held by a few individuals or a family. |
The first 24 of 529 words. Sign in to study the whole deck with flashcards, audio and spaced repetition.
Frequently asked questions
How many words are in the “Essential Words for the TOEFL” deck?
The deck holds 529 words, split into smaller groups so you can study a manageable batch at a time instead of facing the whole list at once.
Is this deck free?
You can read the word list on this page without an account. Studying it with flashcards, audio and spaced repetition needs a free Parroto account; a few advanced decks are reserved for PRO members.
How long does it take to learn 529 words?
That depends on your daily pace. With spaced repetition you never restudy the whole deck: each day you review only the cards that are due, usually a few dozen. Fifteen to twenty minutes a day is enough to make steady progress — consistency matters far more than long sessions.