Language learners who venture into the world of business or economics in Lithuania will encounter a unique set of terminology specific to these fields. Knowing these terms can be pivotal in understanding the local business environment, engaging in negotiations, or simply following economic news in the Lithuanian context. Below is a selection of essential Lithuanian business and economics terms with their definitions and examples of how to use them in a sentence.
Verslas
Verslas translates to ‘business’ in English. It encompasses all activities involved in the production, trade, or sale of goods and services.
Mano draugas planuoja pradėti savo verslą Vilniuje.
Ekonomika
Ekonomika means ‘economics.’ It is a social science concerned with the production, consumption, and transfer of wealth.
Lietuvos ekonomika auga greičiau nei kada nors anksčiau.
Akcija
Akcija in the context of finance means ‘share’ or ‘stock.’ It refers to the units of ownership interest in a corporation or financial asset.
Investavau į kelias perspektyvias akcijas NASDAQ biržoje.
Investicija
Investicija is the equivalent of ‘investment.’ It typically involves the outlay of capital or resources with the expectation of generating income or profit.
Ilgo laikotarpio investicija į nekilnojamąjį turtą dažniausiai yra saugus pasirinkimas.
Bankas
Bankas corresponds to ‘bank.’ It is an institution that accepts deposits from the public and creates credit.
Nuėjau į banką, kad pervesčiau kelis mokėjimus.
Valiuta
Valiuta means ‘currency.’ It represents money in any form when in actual use or circulation as a medium of exchange.
Euro yra oficiali Lietuvos valiuta.
BVP
BVP stands for ‘Bendrasis vidaus produktas,’ which translates to ‘Gross Domestic Product’ (GDP). It is the total value of goods produced and services provided in a country during one year.
Lietuvos BVP nuolat auga, parodant ekonomikos stiprėjimą.
Infliacija
Infliacija means ‘inflation.’ It is the rate at which the general level of prices for goods and services is rising and, consequently, eroding purchasing power.
Infliacija šiuo metu yra svarbiausia šalies ekonominių problemų dalis.
Pajamos
Pajamos translate to ‘income.’ It refers to the money received, especially on a regular basis, for work or through investments.
Per praėjusius metus mūsų įmonės pajamos padidėjo dvidešimt procentų.
Pelnas
Pelnas means ‘profit.’ It is the financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
Visas pelnas bus paskirstytas tarp akcininkų.
Pardavimai
Pardavimai refer to ‘sales.’ It is the exchange of a commodity for money; the action of selling something.
Šventinis laikotarpis paprastai ženkliai padidina pardavimus.
Rinka
Rinka means ‘market.’ It is an area or arena in which commercial dealings are conducted.
Mūsų naujas produktas greitai užėmė pagrindines pozicijas rinkoje.
Skola
Skola translates to ‘debt.’ It refers to something, typically money, that is owed or due.
Įmonė turi planą, kaip ji greitai grąžins savo skolas.
Palūkanos
Palūkanos mean ‘interest.’ It is the charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
Palūkanų normos kyla, todėl kreditai tampa brangesni.
Apžvalga
Apžvalga in the business context can be understood as ‘review’ or ‘overview.’ It is a general survey of a topic or a performance.
Metinėje ataskaitoje pateikta išsami šių metų veiklos apžvalga.
Mastering these Lithuanian business and economics terms will help language learners to engage more confidently in discussions related to their ventures or investments in Lithuania. Not only will this enhance your linguistic capability, but it will also signify respect for the business practices and language of your Lithuanian associates.