TOEIC Vocabulary List: 300+ Words by Topic for 800+
The essential TOEIC vocabulary list: 300+ business words across 7 topics with definitions, examples, phrasal verbs, collocations, and a free quiz to hit 800+.
TOEIC® Vocabulary: The Key to All 7 Parts
TOEIC vocabulary is the set of business-English words and expressions most frequently tested across all seven parts of the exam, from listening comprehension (Parts 1 through 4) to reading comprehension (Parts 5 through 7). Every question relies on your ability to recognize and understand terms from the business world, so a strong vocabulary lets you grasp the meaning of dialogues, complete fill-in-the-blank sentences, and read professional documents such as emails, reports, and announcements.
This guide organizes 300+ of the most frequently tested TOEIC® words into 7 thematic categories, followed by essential phrasal verbs and high-frequency collocations. Mastering this list is enough to move from roughly 600 to 800+, because the same business words recur in every section of the test.
How Many Words You Need for 800+
There is no single magic number, but vocabulary size correlates closely with your TOEIC® score. The 600 most frequent business words already cover about 80% of the situations you will meet on the test, and reaching the high score bands is mostly a matter of widening and deepening that core. Use the table below as a rough guide to the active vocabulary each band requires.
| Target score | Approximate active vocabulary |
|---|---|
| 600 (B1) | around 750 words |
| 785 (B2 threshold) | around 1,000 words |
| 800+ | around 1,200 words |
| 945+ (C1) | around 1,500 words |
These figures are approximate, since recognizing a word in context is easier than producing it. An 800+ score lines up with a strong B2, so it helps to know what an 800 score means on the CEFR and exactly what score you need to reach a B2 level.
TOEIC® Vocabulary by Topic
The TOEIC vocabulary below is grouped into the seven business themes the test draws from most often. Each entry gives a short definition and a realistic example sentence, so you learn each word the way it actually appears on the exam. Study one topic at a time rather than alphabetically: clustering words by theme is far easier to remember.
Finance & Accounting
| Term | Definition | Example |
|---|---|---|
| revenue | income generated from business operations | The company's revenue increased by 15% this quarter. |
| expenditure | money spent on goods or services | We need to reduce our annual expenditure. |
| invoice | a bill sent for goods or services | Please send the invoice by the end of the month. |
| budget | a financial plan for a set period | The marketing budget has been approved. |
| audit | an official examination of accounts | The annual audit will begin next Monday. |
| profit margin | percentage of revenue remaining after costs | Our profit margin improved thanks to cost reductions. |
| reimbursement | repayment of money already spent | Submit your receipts to request a reimbursement. |
| fiscal | relating to government or company finances | The new fiscal year begins in April. |
| overdue | not paid or done by the due date | The invoice is now two weeks overdue. |
| statement | a record of financial transactions | Your bank statement is available online. |
| transaction | an instance of buying or selling | Every transaction is recorded for the audit. |
| asset | something valuable a company owns | The building is the company's largest asset. |
| liability | a debt or financial obligation | The report lists all assets and liabilities. |
| quarterly | happening once every three months | We review the figures at the quarterly meeting. |
| deduction | an amount subtracted from a total | Tax deductions are applied before the final salary. |
Human Resources
| Term | Definition | Example |
|---|---|---|
| recruit | to find and hire new employees | We plan to recruit five new engineers this year. |
| resign | to voluntarily leave a position | She decided to resign after ten years with the company. |
| promotion | advancement to a higher role | He received a promotion to senior manager. |
| benefits | non-salary compensation (insurance, leave) | The benefits package includes health insurance and paid leave. |
| performance review | formal evaluation of an employee's work | Performance reviews are conducted every six months. |
| applicant | a person who applies for a job | All applicants must submit a resume and cover letter. |
| appraisal | a formal assessment of performance | Your annual appraisal is scheduled for next month. |
| severance | money paid when employment ends | The package includes three months of severance pay. |
| onboarding | the process of integrating new hires | Onboarding for new staff takes one full week. |
| headcount | the total number of employees | The department plans to increase its headcount. |
| retention | keeping employees from leaving | Better benefits improved staff retention this year. |
| candidate | a person being considered for a job | We interviewed four candidates for the position. |
| supervisor | a person who manages others' work | Report any issues to your direct supervisor. |
| workforce | all the people who work for a company | Half of the workforce now works remotely. |
| vacancy | an unfilled job position | There is a vacancy in the accounting team. |
Marketing & Sales
| Term | Definition | Example |
|---|---|---|
| campaign | a coordinated marketing effort | The advertising campaign will launch in September. |
| survey | a questionnaire to gather opinions | We conducted a customer satisfaction survey. |
| launch | the introduction of a new product | The product launch exceeded all expectations. |
| target audience | the intended group of consumers | Our target audience is young professionals aged 25-35. |
| brand awareness | how well consumers recognize a brand | Social media has greatly increased our brand awareness. |
| market share | a company's portion of total sales | The company gained market share in the Asian region. |
| outreach | efforts to contact and engage customers | Our outreach to new clients doubled this quarter. |
| endorsement | public support for a product or brand | The celebrity endorsement boosted online sales. |
| projection | an estimate of future figures | Sales projections for next year look promising. |
| quota | a fixed sales target | Each representative met their monthly quota. |
| retail | the sale of goods to the public | The product is now available at retail stores. |
| discount | a reduction in the usual price | Members receive a 10% discount on all orders. |
| promotion | a special offer to increase sales | The summer promotion runs until the end of August. |
| revenue stream | a source of income for a business | Subscriptions became our main revenue stream. |
| competitor | a rival company in the same market | Our main competitor lowered its prices last week. |
Travel & Logistics
| Term | Definition | Example |
|---|---|---|
| itinerary | a planned route or schedule | Please review the travel itinerary before departure. |
| reservation | a booking for accommodation or travel | I made a reservation at the hotel near the conference center. |
| departure | the act of leaving or setting off | The departure time has been changed to 3 p.m. |
| customs | the authority controlling imported goods | All goods must be declared at customs. |
| freight | goods transported in bulk by ship or truck | Freight costs have risen due to higher fuel prices. |
| shipment | a batch of goods sent together | The shipment is expected to arrive by Friday. |
| layover | a short stop between flights | We have a two-hour layover in Frankfurt. |
| expense report | a record of business costs to be repaid | Please file your expense report after the trip. |
| accommodation | a place to stay while traveling | The company covers accommodation during conferences. |
| voucher | a document exchanged for goods or services | Use this voucher for a free airport shuttle. |
| warehouse | a building where goods are stored | The order was dispatched from the central warehouse. |
| carrier | a company that transports goods | We switched to a faster carrier for deliveries. |
| delay | a period when something is late | Bad weather caused a delay in the flight. |
| boarding pass | a document allowing you to board a flight | Please have your boarding pass ready at the gate. |
| destination | the place to which someone is traveling | Our final destination is the Tokyo branch office. |
Manufacturing & Quality
| Term | Definition | Example |
|---|---|---|
| assembly line | a production system of sequential stations | The new assembly line can produce 200 units per hour. |
| defect | a flaw or imperfection in a product | A defect was found during the final inspection. |
| inspection | a careful examination for quality | All products undergo a thorough inspection before shipping. |
| warehouse | a large building for storing goods | The warehouse is located near the main distribution center. |
| inventory | the total stock of goods available | We need to update the inventory before the end of the quarter. |
| quality control | procedures to ensure product standards | The quality control team rejected the entire batch. |
| assembly | the act of putting parts together | Final assembly takes place at the main plant. |
| warranty | a promise to repair or replace a product | The appliance comes with a two-year warranty. |
| output | the amount produced in a given time | The new machine doubled our daily output. |
| component | a part used to build a product | A faulty component caused the delay. |
| recall | an order to return a faulty product | The manufacturer issued a recall on the model. |
| supplier | a company that provides materials | We signed a contract with a new supplier. |
| maintenance | the work of keeping equipment in order | Routine maintenance is scheduled for Sunday. |
| specification | a detailed description of requirements | The parts must match the engineer's specifications. |
| durable | able to last a long time | These containers are durable and reusable. |
Technology & IT
| Term | Definition | Example |
|---|---|---|
| software update | a newer version of a program | A software update will be installed overnight. |
| database | an organized collection of data | The customer database contains over 50,000 records. |
| network | a system of connected computers | The network will be down for maintenance this weekend. |
| backup | a copy of data for safekeeping | Please create a backup before making any changes. |
| troubleshoot | to identify and fix problems | The IT team was called to troubleshoot the printer issue. |
| cybersecurity | protection of digital systems from threats | All employees must complete the cybersecurity training. |
| upgrade | to improve to a newer or better version | We need to upgrade the servers next quarter. |
| outage | a period when a service stops working | A power outage took the website offline. |
| deployment | the release of software for use | The deployment of the new app is set for Monday. |
| server | a computer that supplies data to others | The files are stored on a secure server. |
| interface | the point where a user interacts with a system | The new interface is much easier to use. |
| encryption | coding data so only authorized users can read it | All payments are protected by encryption. |
| bandwidth | the capacity of a network connection | Video calls use a lot of bandwidth. |
| install | to set up software or equipment for use | IT will install the program on every laptop. |
Office & Workplace
| Term | Definition | Example |
|---|---|---|
| supplies | materials needed for daily work | We need to order more office supplies. |
| memo | a short internal written message | A memo was sent to all staff regarding the new policy. |
| conference room | a room designated for meetings | The conference room is booked until 3 p.m. |
| deadline | the latest time something must be done | The deadline for submissions is next Friday. |
| workload | the amount of work assigned | The team's workload has increased significantly this month. |
| colleague | a person you work with | Please consult your colleague before finalizing the report. |
| agenda | a list of items to discuss in a meeting | The first item on the agenda is the budget. |
| premises | the building and land a business occupies | Visitors must sign in when entering the premises. |
| refurbish | to renovate and modernize a space | The lobby will be refurbished over the holidays. |
| attendance | the act of being present | Attendance at the training session is mandatory. |
| minutes | a written record of a meeting | Could you take the minutes during the meeting? |
| overtime | time worked beyond normal hours | Staff are paid extra for overtime. |
| schedule | a plan of times for tasks or events | The project is currently ahead of schedule. |
| policy | an official rule or course of action | The new policy takes effect next week. |
Essential Phrasal Verbs for the TOEIC®
Phrasal verbs are verb + particle combinations whose meaning often differs from the verb alone. They are ubiquitous in the emails and dialogues on the TOEIC®. The curated list below covers the most common business ones; for separable vs inseparable rules and the full method, see our complete guide to phrasal verbs for the TOEIC®.
| Phrasal Verb | Definition | Example |
|---|---|---|
| look into | to investigate | We will look into the matter immediately. |
| carry out | to execute or perform | The team carried out the plan without any issues. |
| put off | to postpone | The meeting was put off until next week. |
| turn down | to reject or refuse | The board turned down the merger proposal. |
| set up | to establish or arrange | They set up a new branch office in Tokyo. |
| take over | to assume control of | Ms. Park will take over as department head in April. |
| follow up | to check on progress | I will follow up with the client after the presentation. |
| figure out | to solve or understand | We need to figure out why sales dropped last quarter. |
| fill in | to complete a form, or to substitute for someone | Please fill in the attached application form. |
| hand in | to submit something to someone | All reports must be handed in by Friday. |
| call off | to cancel a planned event | The conference was called off at short notice. |
| run out of | to have no more of something left | The warehouse ran out of packaging materials. |
High-Frequency Collocations
Collocations are natural word pairings that English speakers use instinctively. The TOEIC® frequently tests these in Part 5, where you must select the correct verb:
| Collocation | Definition | Example |
|---|---|---|
| make a decision | to decide on a course of action | The committee will make a decision by Friday. |
| reach an agreement | to come to a mutual understanding | Both parties reached an agreement after lengthy negotiations. |
| meet a deadline | to finish by the required date | The team worked overtime to meet the deadline. |
| submit a report | to formally deliver a written document | All managers must submit a report by the end of the month. |
| attend a meeting | to be present at a meeting | She was unable to attend the meeting due to a conflict. |
| place an order | to request goods or services | We placed an order for 500 units last week. |
| conduct a survey | to carry out a systematic investigation | The marketing department conducted a survey of 1,000 customers. |
| raise concerns | to express worries or objections | Several employees raised concerns about the new schedule. |
| hold a meeting | to organize and run a meeting | We hold a team meeting every Monday morning. |
| take measures | to take action to deal with a problem | The firm took measures to cut its costs. |
| launch a product | to release a new product to the market | They plan to launch a product in early spring. |
| sign a contract | to formally agree to a legal document | Both companies signed a contract last week. |
How to Learn TOEIC® Vocabulary (so it sticks)
A long word list only raises your score if it stays in your memory. These four habits turn the tables above into lasting recall:
- Use spaced repetition. Review words with flashcards at growing intervals so they move into long-term memory instead of fading after a day.
- Learn each word in context. Read business emails and listen to workplace dialogues, then study how a word behaves in a full sentence. A full practice test is the most realistic context of all.
- Study by topic cluster, not alphabetically. The themed tables above mirror how the exam groups vocabulary, which makes related words reinforce one another.
- Test yourself often. Active recall beats passive rereading, so try free TOEIC practice exercises and the quick check below.
Quick Check: 10 TOEIC® Words
Test yourself on ten words from the lists above. Read each definition, recall the word, then open the answer to check.
1. Money paid to an employee when their job ends.
severance
2. The total number of employees in a company.
headcount
3. Not paid or completed by the due date.
overdue
4. A short stop between two flights.
layover
5. A promise to repair or replace a product.
warranty
6. A period when a service stops working.
outage
7. A list of items to discuss in a meeting.
agenda
8. To cancel a planned event (phrasal verb).
call off
9. The collocation meaning to finish by the required date.
meet a deadline
10. The collocation meaning to decide on a course of action.
make a decision
Frequently Asked Questions
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