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80+ Important Lithuanian Business Vocabulary

July 19, 2022

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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. 

  1. 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.
  2. 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.
  3. Be it any Lithuanian company, most are known for long work hours more than any European company or enterprise.
  4. 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.
  5. 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

Lithuanian business vocabulary

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.

EnglishLithuanian
AccountsSąskaitos
ActuaryAktuaras
AdvertisingReklama
AdministrationAdministracija
Annual fundMetinis fondas
AssetTurtas
AuditorRevizorius
AcceptPriimti
AdvicePatarimas
AbilityGebėjimas
ApprovalPatvirtinimas
AmountSuma
ApplyTaikyti
AppointPaskirti
AuthorizedĮgaliotas
ArbitrationArbitražas
AgendaDienotvarkė
AvailableGalima
BalanceBalansas
BankingBankininkystė
BreakPertrauka
BenchmarkEtalonas
BenefitNauda
BargainDerėtis
BudgetBiudžetas
BrandPrekės ženklas
BuildingPastatas
BondBondas
Base rateBazinė palūkanų norma
Buy outIšsipirkti
BrokerBrokeris
Business cycleVerslo ciklas
BonusPremija
BuyerPirkėjas
CapitalKapitalas
CareerKarjera
CustomerKlientas
CandidateKandidatas
CashGrynieji pinigai
Central bankCentrinis bankas
CreditKreditas
CorporationKorporacija
ConsumerVartotojas
Current accountDabartinė paskyra
CoordinatorKoordinatorius
ChallangeIššūkis
ChairmanPirmininkas
CopyrightAutorių teisės
CouponKuponas
ComputerKompiuteris
Cover letterMotyvacinis laiškas
CertificateSertifikatas
CurrencyValiuta
DiscountNuolaida
DepositUžstatas
DeliverPristatyti
DataDuomenys
DeflationDefliacija
DividendDividendas
DemandPaklausa
Direct investmentTiesioginės investicijos
DubiousAbejotina
DownsizingSumažinimas
DonatePaaukoti
DecisionSprendimas
Directordirektorius
Departmentskyrius
Editorredaktorius
ExchangeMainai
EconomyEkonomika
EquityNuosavas kapitalas
ExpensesIšlaidos
ElasticityElastingumas
EarningsPajamos
Estate agentNekilnojamojo turto agentas
EstablishĮkurti
EquipmentĮranga
End-userGalutinis vartotojas
FeatureFunkcija
FirmFirma
FranchiseFranšizė
FinanceFinansai
FlexibilityLankstumas
Fiscal policyFiskalinė politika
Fixed-rateFiksuoto tarifo
Financial yearFinansiniai metai
Full-timePilnas laikas
Fundfondas
Foreign exchangeUžsienio valiutos
FreelanceLaisvai samdomas
GuaranteeGarantija
GoodsPrekės
GoalĮvartis
Ground rentŽemės nuoma
GoldAuksas
Gross productBendrasis produktas
HandoutDalomoji medžiaga
HeadlineAntraštė
Human resourceŽmogiškieji ištekliai
HyperinflationHiperinfliacija
House priceNamo kaina
Hedge fundsRizikos draudimo fondai
Income taxPajamų mokestis
ImpactPoveikis
InformationInformacija
InquiryUžklausa
InvoiceSąskaita faktūra
InsuranceDraudimas
InvestmentInvesticijos
InstallmentĮmoka
InterestPalūkanos
InflationInfliacija
Joint accountBendra sąskaita
JobDarbas
LabourDarbo
LawyerTeisininkas
LoanPaskola
LiabilityAtsakomybė
Liquid assetLikvidus turtas
LeverageSvertas
LossPralaimėjimas
LawsuitIeškinys
LaunchPaleisti
MarketTurgus
MoneyPinigai
ManagementValdymas
Mutual fundInvesticinis fondas
MortgageHipoteka
MerchandisePrekės
Non-profitNe pelno
NegotiateDerėtis
NetworkingTinklo kūrimas
Net priceGrynoji kaina
National debtNacionalinė skola
OutputIšvestis
OutsourceUžsakomosios paslaugos
OpportunityGalimybė
OverduePavėluota
OverdraftOverdraftas
OptionParinktis
OfficeBiuras
OfferPasiūlyti
PackingPakavimas
ProgramPrograma
PenaltyBauda
Part-timeNe visą darbo dieną
PolicyPolitika
PrivacyPrivatumas
PayMokėti
ProposalPasiūlymas
PermissionLeidimas
QuotaKvota
ResearchTyrimas
RiskRizika
ReceiptKvitas
RefundGrąžinti pinigus
RangeDiapazonas
ServiceAptarnavimas
SignatureParašas
SponsorRėmėjas
StockAtsargos
ShareDalintis
SupplyTiekimas
StoreParduotuvė
TargetTikslas
TaskUžduotis
TradePrekyba
TreasuryIždas
TransportTransportas
Unionsąjunga
UnitVienetas
ValueVertė
VacancyLaisva vieta
VolumeApimtis
ValidGalioja
WorkerDarbininkas
WithdrawAtsitraukti
YieldDerlius

 

Business Phrases In The Lithuanian Language

Lithuanian business vocabulary

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

Learn Lithuanian wit the 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 AppStore or PlayStore and click on the download button to start learning Lithuanian!

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