Color Palette:

1. Color Name: Navy Blue
   Hex Code: 
                            
                            #000080
                        
   Palette Description: This deep shade of blue represents professionalism and stability. It is a classic color often associated with business attire and evokes a sense of trustworthiness.

2. Color Name: Teal
   Hex Code: 
                            
                            #008080
                        
   Palette Description: This cool greenish-blue hue exudes a sense of calmness and sophistication. It brings a refreshing and modern touch to the palette, making it suitable for contemporary business designs.

3. Color Name: Mint Green
   Hex Code: 
                            
                            #98FF98
                        
   Palette Description: This pale green shade resembles the color of fresh mint leaves. It adds a touch of vibrancy and liveliness to the palette, making it feel more approachable and energetic.

4. Color Name: Steel Blue
   Hex Code: 
                            
                            #4682B4
                        
   Palette Description: This muted bluish-gray color portrays a sense of professionalism and reliability. It is a versatile shade that can be used as a primary color or as a supporting color in various business designs.

5. Color Name: Jade Green
   Hex Code: 
                            
                            #00A86B
                        
   Palette Description: This rich green shade with a hint of blue represents growth, prosperity, and harmony. It adds a touch of elegance and natural sophistication to the palette.

6. Color Name: Cool Gray
   Hex Code: 
                            
                            #B2BEB5
                        
   Palette Description: This cool gray tone provides a neutral base for the palette. It complements the other colors and adds a sense of balance and stability. Cool gray is often associated with professionalism and formality.

Overall Palette Description: This color palette combines various shades of blue and green, creating a cool and professional ambiance. The palette's cool tones evoke a sense of tranquility and reliability, while the touch of green adds freshness and a hint of natural energy. It is a sophisticated palette suitable for business-related designs, conveying professionalism, trust, and stability.