Abstract. Approaches for the analysis and specification of business vocabularies and rules are relevant topics in both Business Process Management and Infor-mation Systems Development disciplines. However, in common practice of In-formation Systems Development, the Business modeling activities still are of mostly empiric nature. In this paper, aspects of the approach for semi-automatic extraction of business vocabularies (BV) from business process models (BPM) are presented. The approach is based on novel business modeling-level OMG stand-ards “Business Process Model and Notation ” (BPMN) and “Semantics for Busi-ness Vocabularies and Business Rules ” (SBVR), thus contributing to OMG’s vi-sion of Model-Driven Architecture (MDA) and to model-driven development in general. The discussed extraction approach is evaluated against fully-automatic BPMN BPM SBVR BV transformation that has been developed in parallel to the presented work.