Got a business meeting in Lithuania? Learn the basic Lithuanian business vocabulary to make the interaction much clearer. As with business and finance, words play a huge role as this can affect how your colleagues or partners will understand you. With that said, it is essential that you make learning a language a priority. If you are ready to learn the jargon of business people, keep reading below!
Business In Lithuania
Before starting our post, let us quickly review some interesting facts about the Lithuanian business environment. Learning such facts will help you tackle real-life situations and build a stronger bond with your potential business partners.
- Among the three Baltic states, Lithuania is known for having the most diverse and largest economy. Large enterprises specializing in machine tools, chemicals, and food processing came into being under the industrialization of the Soviet regime, and ever since, it has been the most competent and advancing economy. In recent times, Lithuania has impressed customers with its services, growing maximum structural changes through research and organization of transport and transit services.
- Another rewarding fact about the Lithuanian business environment is that the economy is quite open and liberal. There is high talent potential, and the government schemes and policies are supportive. From modern tech culture, friendly communications, and the fastest European internet to high-caliber companies, everything is kept in check by the government and the entrepreneurs of Lithuania.
- Be it any Lithuanian company, most are known for long work hours more than any European company or enterprise.
- Although English is the international language, most older locals prefer the native language. Thus, knowing some essential vocabulary in the Lithuanian language will boost your confidence and lead to a healthy work deal.
- While Lithuanian people are easy-going and very friendly, they do not acknowledge someone being ignorant of their cultural heritage and history. Thus, someone who may assume they are Russians may hurt the sentiments of the locals, turning out to be offensive. So, be careful while interacting with the locals in Lithuania.
Essential Lithuanian Business Vocabulary
Now that you know what you are engaging with, let us dive into some basic and essential Lithuanian vocabulary in this section. Later, we will catch up with more appropriate word choices and translations with proper phrases and examples. Knowing such words for beginners like you will build a strong structure, allowing enhancement in your language skills.
Verslas (Business)
The first Lithuanian terminology that we need to know is the word “Business” itself. Verslas in Lithuania is very open, competitive, and progressive. Once you settle down there, you will realize that Lithuania has the best success rate of any other business in the Baltic states.
Įmonė (Enterprise)
When it comes to business, we cannot miss words like Įmonė. Lithuania has many profit and non-profit trade project enterprises. You can be a part of one of the best Lithuanian Įmonė if you know exactly how to impress the locals.
Verslininkas (Entrepreneur)
If you are an entrepreneur traveling to Lithuania for business work, Verslininkas is the right word to describe yourself. It will help in your self-introduction and address other Verslininkai (Plural) waiting for your partnership.
Gamykla (Factory)
To ensure your potential partners are aware of your interest, words like Gamykla will come in handy. It will help you look for the right factory or industry and explain your plans during the discussion.
Didmeninė prekyba (Wholesale)
Another popular term that pops up when we say business is Didmeninė prekyba. Lithuania has many international wholesalers and trade companies that may fulfill your business desires. Thus, learning the language will fill in more confidence in you and make your venture more accessible and faster.
Mažmeninė (Retail)
Lithuanian retail sales increased by 2 percent during April 2022. It marks the increasing trend towards expanding business and trade relations. So, use the word Mažmeninė in Lithuania and find your best business deal.
50+ Lithuanian Vocabulary On Business
Although the words mentioned above are some of the ordinary and essential business-related words you need from the Lithuanian dictionary, to become one among advanced learners, that is not enough. Here is a list of all the typical business vocabulary in the Lithuanian language to fill that void.
| English | Lithuanian |
| Accounts | Sąskaitos |
| Actuary | Aktuaras |
| Advertising | Reklama |
| Administration | Administracija |
| Annual fund | Metinis fondas |
| Asset | Turtas |
| Auditor | Revizorius |
| Accept | Priimti |
| Advice | Patarimas |
| Ability | Gebėjimas |
| Approval | Patvirtinimas |
| Amount | Suma |
| Apply | Taikyti |
| Appoint | Paskirti |
| Authorized | Įgaliotas |
| Arbitration | Arbitražas |
| Agenda | Dienotvarkė |
| Available | Galima |
| Balance | Balansas |
| Banking | Bankininkystė |
| Break | Pertrauka |
| Benchmark | Etalonas |
| Benefit | Nauda |
| Bargain | Derėtis |
| Budget | Biudžetas |
| Brand | Prekės ženklas |
| Building | Pastatas |
| Bond | Bondas |
| Base rate | Bazinė palūkanų norma |
| Buy out | Išsipirkti |
| Broker | Brokeris |
| Business cycle | Verslo ciklas |
| Bonus | Premija |
| Buyer | Pirkėjas |
| Capital | Kapitalas |
| Career | Karjera |
| Customer | Klientas |
| Candidate | Kandidatas |
| Cash | Grynieji pinigai |
| Central bank | Centrinis bankas |
| Credit | Kreditas |
| Corporation | Korporacija |
| Consumer | Vartotojas |
| Current account | Dabartinė paskyra |
| Coordinator | Koordinatorius |
| Challange | Iššūkis |
| Chairman | Pirmininkas |
| Copyright | Autorių teisės |
| Coupon | Kuponas |
| Computer | Kompiuteris |
| Cover letter | Motyvacinis laiškas |
| Certificate | Sertifikatas |
| Currency | Valiuta |
| Discount | Nuolaida |
| Deposit | Užstatas |
| Deliver | Pristatyti |
| Data | Duomenys |
| Deflation | Defliacija |
| Dividend | Dividendas |
| Demand | Paklausa |
| Direct investment | Tiesioginės investicijos |
| Dubious | Abejotina |
| Downsizing | Sumažinimas |
| Donate | Paaukoti |
| Decision | Sprendimas |
| Director | direktorius |
| Department | skyrius |
| Editor | redaktorius |
| Exchange | Mainai |
| Economy | Ekonomika |
| Equity | Nuosavas kapitalas |
| Expenses | Išlaidos |
| Elasticity | Elastingumas |
| Earnings | Pajamos |
| Estate agent | Nekilnojamojo turto agentas |
| Establish | Įkurti |
| Equipment | Įranga |
| End-user | Galutinis vartotojas |
| Feature | Funkcija |
| Firm | Firma |
| Franchise | Franšizė |
| Finance | Finansai |
| Flexibility | Lankstumas |
| Fiscal policy | Fiskalinė politika |
| Fixed-rate | Fiksuoto tarifo |
| Financial year | Finansiniai metai |
| Full-time | Pilnas laikas |
| Fund | fondas |
| Foreign exchange | Užsienio valiutos |
| Freelance | Laisvai samdomas |
| Guarantee | Garantija |
| Goods | Prekės |
| Goal | Įvartis |
| Ground rent | Žemės nuoma |
| Gold | Auksas |
| Gross product | Bendrasis produktas |
| Handout | Dalomoji medžiaga |
| Headline | Antraštė |
| Human resource | Žmogiškieji ištekliai |
| Hyperinflation | Hiperinfliacija |
| House price | Namo kaina |
| Hedge funds | Rizikos draudimo fondai |
| Income tax | Pajamų mokestis |
| Impact | Poveikis |
| Information | Informacija |
| Inquiry | Užklausa |
| Invoice | Sąskaita faktūra |
| Insurance | Draudimas |
| Investment | Investicijos |
| Installment | Įmoka |
| Interest | Palūkanos |
| Inflation | Infliacija |
| Joint account | Bendra sąskaita |
| Job | Darbas |
| Labour | Darbo |
| Lawyer | Teisininkas |
| Loan | Paskola |
| Liability | Atsakomybė |
| Liquid asset | Likvidus turtas |
| Leverage | Svertas |
| Loss | Pralaimėjimas |
| Lawsuit | Ieškinys |
| Launch | Paleisti |
| Market | Turgus |
| Money | Pinigai |
| Management | Valdymas |
| Mutual fund | Investicinis fondas |
| Mortgage | Hipoteka |
| Merchandise | Prekės |
| Non-profit | Ne pelno |
| Negotiate | Derėtis |
| Networking | Tinklo kūrimas |
| Net price | Grynoji kaina |
| National debt | Nacionalinė skola |
| Output | Išvestis |
| Outsource | Užsakomosios paslaugos |
| Opportunity | Galimybė |
| Overdue | Pavėluota |
| Overdraft | Overdraftas |
| Option | Parinktis |
| Office | Biuras |
| Offer | Pasiūlyti |
| Packing | Pakavimas |
| Program | Programa |
| Penalty | Bauda |
| Part-time | Ne visą darbo dieną |
| Policy | Politika |
| Privacy | Privatumas |
| Pay | Mokėti |
| Proposal | Pasiūlymas |
| Permission | Leidimas |
| Quota | Kvota |
| Research | Tyrimas |
| Risk | Rizika |
| Receipt | Kvitas |
| Refund | Grąžinti pinigus |
| Range | Diapazonas |
| Service | Aptarnavimas |
| Signature | Parašas |
| Sponsor | Rėmėjas |
| Stock | Atsargos |
| Share | Dalintis |
| Supply | Tiekimas |
| Store | Parduotuvė |
| Target | Tikslas |
| Task | Užduotis |
| Trade | Prekyba |
| Treasury | Iždas |
| Transport | Transportas |
| Union | sąjunga |
| Unit | Vienetas |
| Value | Vertė |
| Vacancy | Laisva vieta |
| Volume | Apimtis |
| Valid | Galioja |
| Worker | Darbininkas |
| Withdraw | Atsitraukti |
| Yield | Derlius |
Business Phrases In The Lithuanian Language
Now that we know the words, here is a list of common phrases every business conference or meeting engages with. With knowledge of these phrases, you can read the room better and connect with your partners easily.
| English | Lithuanian |
| We need to increase our success rate | Turime padidinti savo sėkmės rodiklį |
| It was nice doing business with you | Buvo malonu su jumis daryti verslą |
| This company needs more workforce | Šiai įmonei reikia daugiau darbo jėgos |
| I would like to present my program agenda | Norėčiau pristatyti savo programos darbotvarkę |
| Our investment lies in many countries | Mūsų investicijos yra daugelyje šalių |
| Selling double goods will bring in profits | Dvigubų prekių pardavimas atneš pelno |
| We do not want any workflow issues | Nenorime jokių darbo eigos problemų |
| Let us call it a day | Pavadinkime tai diena |
| The new project won’t succeed if we cut corners | Naujas projektas nepasiseks, jei apkarpysime kampus |
| Keep me in the loop while discussing the exchange program | Aptardami mainų programą stebėkite mane |
| We need forward planning on the mac os issue | Mums reikia išankstinio planavimo dėl „Mac OS“ problemos |
| Search for the boss whenever needed | Kai reikia, ieškokite viršininko |
| Can you provide an example? | Ar galite pateikti pavyzdį? |
| These new form requests are impressive | Šios naujos formos užklausos yra įspūdingos |
| Can I speak to you in a minute? | Ar galiu su tavimi pasikalbėti per minutę? |
All About Business
Did the above list play its tricks on you? If you are enjoying these words and phrases, you should continue doing so. Learning and getting acquainted with these relevant words will help you find the best deals without confusion. However, to engage and become personally connected to your partners, you need to have more language vocabulary knowledge. Hence, we have created Ling App.
Language Courses With Ling App
If you are wondering what Ling App is, let me introduce it to you. Ling is a language learning app that offers amazing content on topics you can use in real life, such as grammar, names, disaster vocab, food, and many more! The developers are working side by side with language experts and native speakers to ensure that each piece of content is free of corrections. The app also has unique features like an AI Chatbot and a quiz section that will help you retain all the lessons you learned and improve your conversation skills. Moreover, if you want to learn other languages like Japanese, Korean, or even Bengali with proper word meanings, you can do so quickly as Ling covers over 60 languages.
What are you waiting for? Go to App Store or Play Store and click on the download button to start learning Lithuanian!
