TOEIC
Vocabulary Building 12 min read

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+.

By Justin De Sio Updated: January 10, 2026
TOEICVocabularyBusiness EnglishPhrasal VerbsCollocations

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.

TOEIC vocabulary list by topic: business English words for all 7 parts

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
revenueincome generated from business operationsThe company's revenue increased by 15% this quarter.
expendituremoney spent on goods or servicesWe need to reduce our annual expenditure.
invoicea bill sent for goods or servicesPlease send the invoice by the end of the month.
budgeta financial plan for a set periodThe marketing budget has been approved.
auditan official examination of accountsThe annual audit will begin next Monday.
profit marginpercentage of revenue remaining after costsOur profit margin improved thanks to cost reductions.
reimbursementrepayment of money already spentSubmit your receipts to request a reimbursement.
fiscalrelating to government or company financesThe new fiscal year begins in April.
overduenot paid or done by the due dateThe invoice is now two weeks overdue.
statementa record of financial transactionsYour bank statement is available online.
transactionan instance of buying or sellingEvery transaction is recorded for the audit.
assetsomething valuable a company ownsThe building is the company's largest asset.
liabilitya debt or financial obligationThe report lists all assets and liabilities.
quarterlyhappening once every three monthsWe review the figures at the quarterly meeting.
deductionan amount subtracted from a totalTax deductions are applied before the final salary.

Human Resources

Term Definition Example
recruitto find and hire new employeesWe plan to recruit five new engineers this year.
resignto voluntarily leave a positionShe decided to resign after ten years with the company.
promotionadvancement to a higher roleHe received a promotion to senior manager.
benefitsnon-salary compensation (insurance, leave)The benefits package includes health insurance and paid leave.
performance reviewformal evaluation of an employee's workPerformance reviews are conducted every six months.
applicanta person who applies for a jobAll applicants must submit a resume and cover letter.
appraisala formal assessment of performanceYour annual appraisal is scheduled for next month.
severancemoney paid when employment endsThe package includes three months of severance pay.
onboardingthe process of integrating new hiresOnboarding for new staff takes one full week.
headcountthe total number of employeesThe department plans to increase its headcount.
retentionkeeping employees from leavingBetter benefits improved staff retention this year.
candidatea person being considered for a jobWe interviewed four candidates for the position.
supervisora person who manages others' workReport any issues to your direct supervisor.
workforceall the people who work for a companyHalf of the workforce now works remotely.
vacancyan unfilled job positionThere is a vacancy in the accounting team.

Marketing & Sales

Term Definition Example
campaigna coordinated marketing effortThe advertising campaign will launch in September.
surveya questionnaire to gather opinionsWe conducted a customer satisfaction survey.
launchthe introduction of a new productThe product launch exceeded all expectations.
target audiencethe intended group of consumersOur target audience is young professionals aged 25-35.
brand awarenesshow well consumers recognize a brandSocial media has greatly increased our brand awareness.
market sharea company's portion of total salesThe company gained market share in the Asian region.
outreachefforts to contact and engage customersOur outreach to new clients doubled this quarter.
endorsementpublic support for a product or brandThe celebrity endorsement boosted online sales.
projectionan estimate of future figuresSales projections for next year look promising.
quotaa fixed sales targetEach representative met their monthly quota.
retailthe sale of goods to the publicThe product is now available at retail stores.
discounta reduction in the usual priceMembers receive a 10% discount on all orders.
promotiona special offer to increase salesThe summer promotion runs until the end of August.
revenue streama source of income for a businessSubscriptions became our main revenue stream.
competitora rival company in the same marketOur main competitor lowered its prices last week.

Travel & Logistics

Term Definition Example
itinerarya planned route or schedulePlease review the travel itinerary before departure.
reservationa booking for accommodation or travelI made a reservation at the hotel near the conference center.
departurethe act of leaving or setting offThe departure time has been changed to 3 p.m.
customsthe authority controlling imported goodsAll goods must be declared at customs.
freightgoods transported in bulk by ship or truckFreight costs have risen due to higher fuel prices.
shipmenta batch of goods sent togetherThe shipment is expected to arrive by Friday.
layovera short stop between flightsWe have a two-hour layover in Frankfurt.
expense reporta record of business costs to be repaidPlease file your expense report after the trip.
accommodationa place to stay while travelingThe company covers accommodation during conferences.
vouchera document exchanged for goods or servicesUse this voucher for a free airport shuttle.
warehousea building where goods are storedThe order was dispatched from the central warehouse.
carriera company that transports goodsWe switched to a faster carrier for deliveries.
delaya period when something is lateBad weather caused a delay in the flight.
boarding passa document allowing you to board a flightPlease have your boarding pass ready at the gate.
destinationthe place to which someone is travelingOur final destination is the Tokyo branch office.

Manufacturing & Quality

Term Definition Example
assembly linea production system of sequential stationsThe new assembly line can produce 200 units per hour.
defecta flaw or imperfection in a productA defect was found during the final inspection.
inspectiona careful examination for qualityAll products undergo a thorough inspection before shipping.
warehousea large building for storing goodsThe warehouse is located near the main distribution center.
inventorythe total stock of goods availableWe need to update the inventory before the end of the quarter.
quality controlprocedures to ensure product standardsThe quality control team rejected the entire batch.
assemblythe act of putting parts togetherFinal assembly takes place at the main plant.
warrantya promise to repair or replace a productThe appliance comes with a two-year warranty.
outputthe amount produced in a given timeThe new machine doubled our daily output.
componenta part used to build a productA faulty component caused the delay.
recallan order to return a faulty productThe manufacturer issued a recall on the model.
suppliera company that provides materialsWe signed a contract with a new supplier.
maintenancethe work of keeping equipment in orderRoutine maintenance is scheduled for Sunday.
specificationa detailed description of requirementsThe parts must match the engineer's specifications.
durableable to last a long timeThese containers are durable and reusable.

Technology & IT

Term Definition Example
software updatea newer version of a programA software update will be installed overnight.
databasean organized collection of dataThe customer database contains over 50,000 records.
networka system of connected computersThe network will be down for maintenance this weekend.
backupa copy of data for safekeepingPlease create a backup before making any changes.
troubleshootto identify and fix problemsThe IT team was called to troubleshoot the printer issue.
cybersecurityprotection of digital systems from threatsAll employees must complete the cybersecurity training.
upgradeto improve to a newer or better versionWe need to upgrade the servers next quarter.
outagea period when a service stops workingA power outage took the website offline.
deploymentthe release of software for useThe deployment of the new app is set for Monday.
servera computer that supplies data to othersThe files are stored on a secure server.
interfacethe point where a user interacts with a systemThe new interface is much easier to use.
encryptioncoding data so only authorized users can read itAll payments are protected by encryption.
bandwidththe capacity of a network connectionVideo calls use a lot of bandwidth.
installto set up software or equipment for useIT will install the program on every laptop.

Office & Workplace

Term Definition Example
suppliesmaterials needed for daily workWe need to order more office supplies.
memoa short internal written messageA memo was sent to all staff regarding the new policy.
conference rooma room designated for meetingsThe conference room is booked until 3 p.m.
deadlinethe latest time something must be doneThe deadline for submissions is next Friday.
workloadthe amount of work assignedThe team's workload has increased significantly this month.
colleaguea person you work withPlease consult your colleague before finalizing the report.
agendaa list of items to discuss in a meetingThe first item on the agenda is the budget.
premisesthe building and land a business occupiesVisitors must sign in when entering the premises.
refurbishto renovate and modernize a spaceThe lobby will be refurbished over the holidays.
attendancethe act of being presentAttendance at the training session is mandatory.
minutesa written record of a meetingCould you take the minutes during the meeting?
overtimetime worked beyond normal hoursStaff are paid extra for overtime.
schedulea plan of times for tasks or eventsThe project is currently ahead of schedule.
policyan official rule or course of actionThe 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 intoto investigateWe will look into the matter immediately.
carry outto execute or performThe team carried out the plan without any issues.
put offto postponeThe meeting was put off until next week.
turn downto reject or refuseThe board turned down the merger proposal.
set upto establish or arrangeThey set up a new branch office in Tokyo.
take overto assume control ofMs. Park will take over as department head in April.
follow upto check on progressI will follow up with the client after the presentation.
figure outto solve or understandWe need to figure out why sales dropped last quarter.
fill into complete a form, or to substitute for someonePlease fill in the attached application form.
hand into submit something to someoneAll reports must be handed in by Friday.
call offto cancel a planned eventThe conference was called off at short notice.
run out ofto have no more of something leftThe 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 decisionto decide on a course of actionThe committee will make a decision by Friday.
reach an agreementto come to a mutual understandingBoth parties reached an agreement after lengthy negotiations.
meet a deadlineto finish by the required dateThe team worked overtime to meet the deadline.
submit a reportto formally deliver a written documentAll managers must submit a report by the end of the month.
attend a meetingto be present at a meetingShe was unable to attend the meeting due to a conflict.
place an orderto request goods or servicesWe placed an order for 500 units last week.
conduct a surveyto carry out a systematic investigationThe marketing department conducted a survey of 1,000 customers.
raise concernsto express worries or objectionsSeveral employees raised concerns about the new schedule.
hold a meetingto organize and run a meetingWe hold a team meeting every Monday morning.
take measuresto take action to deal with a problemThe firm took measures to cut its costs.
launch a productto release a new product to the marketThey plan to launch a product in early spring.
sign a contractto formally agree to a legal documentBoth 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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