Business Abbreviations and Professional Acronyms To Know

Business Abbreviations: Business abbreviations and acronyms can help professionals communicate more quickly and effectively. Some are commonly used in the workplace, while others are specific to certain departments like finance, technology, or sales. Knowing these terms can improve your communication at work and help you understand your colleagues better. Business Abbreviations need for all because its help to improve your formal language.

In this article, we provide a list of 100 business abbreviations and acronyms along with their meanings.

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150 business abbreviations and their meanings

1. A/R – Accounts Receivable: Money owed to a company by its customers.
2. A/P – Accounts Payable: Money a company owes to its suppliers.
3. ROI – Return on Investment: Profit earned from an investment.
4. B2B – Business to Business: Transactions between businesses.
5. B2C – Business to Consumer: Transactions between businesses and consumers.
6. CEO – Chief Executive Officer: The highest-ranking person in a company.
7. CFO – Chief Financial Officer: The person in charge of a company’s finances.
8. COO – Chief Operating Officer: The person responsible for the daily operations of a company.
9. CTO – Chief Technology Officer: The person responsible for technological direction.
10. HR – Human Resources: The department managing employee relations and administration.
11. KPI – Key Performance Indicator: A measure of performance.
12. P&L – Profit and Loss: A financial statement showing revenue, costs, and profits.
13. SaaS – Software as a Service: Software available online via subscription.
14. SME – Small and Medium-sized Enterprises: Businesses with limited size and revenue.
15. CAGR – Compound Annual Growth Rate: The year-over-year growth rate over a specified period.
16. IPO – Initial Public Offering: The first sale of a company’s stock to the public.
17. R&D – Research and Development: Activities to innovate and improve products or services.
18. VAT – Value Added Tax: A tax on goods and services.
19. CSR – Corporate Social Responsibility: Company initiatives to improve society.
20. MVP – Minimum Viable Product: A product with the least features needed to be launched.
21. OEM – Original Equipment Manufacturer: A company that makes parts for other companies’ products.
22. BOM – Bill of Materials: A list of parts and materials needed to build a product.
23. FY – Fiscal Year: A year as reckoned for taxing or accounting purposes.
24. GAAP – Generally Accepted Accounting Principles: Standard accounting rules.
25. SWOT – Strengths, Weaknesses, Opportunities, Threats: A business analysis tool.
26. CRM – Customer Relationship Management: Systems to manage a company’s interactions with customers.
27. EOD – End of Day: The end of a business day.
28. FTE – Full-Time Equivalent: A unit that indicates the workload of an employed person.
29. GNP – Gross National Product: The total value of goods produced and services provided by a country.
30. RFQ – Request for Quotation: A process to invite suppliers to bid on products or services.
31. EOM – End of Month: The end of a business month.
32. EIN – Employer Identification Number: A unique number assigned to a business for tax purposes.
33. IPO – Initial Public Offering: The first sale of a company’s stock to the public.
34. EPS – Earnings Per Share: A company’s profit divided by the number of outstanding shares.
35. FIFO – First In, First Out: An inventory valuation method.
36. LIFO – Last In, First Out: Another inventory valuation method.
37. USP – Unique Selling Proposition: What makes a product or service stand out.
38. BEP – Break-Even Point: The point at which costs and revenue are equal.
39. VAT – Value Added Tax: A tax on goods and services.
40. NDA – Non-Disclosure Agreement: A contract to keep information confidential.
41. MOA – Memorandum of Association: A document that sets out the constitution of a company.
42. ATO – Authority to Operate: Permission for a system to operate.
43. BI – Business Intelligence: Technology-driven process for analyzing data.
44. CIF – Cost, Insurance, and Freight: A trade term requiring the seller to cover the costs.
45. EBITDA – Earnings Before Interest, Taxes, Depreciation, and Amortization: A measure of company profitability.
46. FTSE – Financial Times Stock Exchange: An index of the 100 most highly capitalized UK companies.
47. IPO – Initial Public Offering: The first sale of a company’s stock to the public.
48. KYC – Know Your Customer: A process to verify the identity of clients.
49. L/C – Letter of Credit: A letter from a bank guaranteeing payment.
50. M&A – Mergers and Acquisitions: The consolidation of companies.
51. NPO – Non-Profit Organization: An organization that uses surplus revenue to achieve its goals.
52. OTC – Over The Counter: Trading of securities not listed on formal exchanges.
53. PTO – Paid Time Off: Time off work with pay.
54. RFP – Request for Proposal: A document asking vendors to propose solutions.
55. SOW – Statement of Work: A document detailing the work to be done.
56. TCO – Total Cost of Ownership: The purchase price plus the cost of operation.
57. WACC – Weighted Average Cost of Capital: A company’s cost of capital.
58. BOM – Bill of Materials: A list of raw materials, components, and assemblies.
59. CPC – Cost Per Click: A metric used in online advertising.
60. CPI – Consumer Price Index: Measures changes in the price level of a market basket of consumer goods.
61. RMA – Return Merchandise Authorization: A transaction where the vendor allows the customer to return a product.
62. ERP – Enterprise Resource Planning: Integrated management of core business processes.
63. PO – Purchase Order: A document for a purchase transaction.
64. CI – Continuous Improvement: Ongoing effort to improve products or processes.
65. OKR – Objectives and Key Results: A framework for defining and tracking objectives and outcomes.
66. PMO – Project Management Office: A group that defines and maintains project management standards.
67. SMB – Small and Medium-sized Business: Businesses with limited size and revenue.
68. T&E – Travel and Entertainment: Expenses related to business travel and entertainment.
69. VP – Vice President: An executive officer next in rank to a president.
70. PPC – Pay Per Click: An internet advertising model.
71. ESOP – Employee Stock Ownership Plan: A program that provides a company’s workforce with ownership interest.
72. EDI – Electronic Data Interchange: The electronic interchange of business information.
73. NDA – Non-Disclosure Agreement: A contract to keep information confidential.
74. FMCG – Fast-Moving Consumer Goods: Products that are sold quickly at relatively low cost.
75. HSN – Harmonized System Nomenclature: A system for classifying goods.
76. IMF – International Monetary Fund: An organization of countries working to foster global monetary cooperation.
77. IP – Intellectual Property: Creations of the mind for which exclusive rights are recognized.
78. IRR – Internal Rate of Return: A metric used in capital budgeting.
79. LOI – Letter of Intent: A document outlining the understanding between two parties.
80. NOC – No Objection Certificate: A legal document stating no objection to the terms.
81. OEM – Original Equipment Manufacturer: A company that produces parts used in another company’s products.
82. P/E – Price/Earnings Ratio: A valuation ratio of a company’s current share price compared to its per-share earnings.
83. POS – Point of Sale: The place where a retail transaction is completed.
84. PPP – Public-Private Partnership: A cooperative arrangement between one or more public and private sectors.
85. PSU – Public Sector Undertaking: Government-owned corporations.
86. RFQ – Request for Quotation: A process to invite suppliers to bid on products or services.
87. ROA – Return on Assets: An indicator of how profitable a company is relative to its total assets.
88. ROC – Registrar of Companies: An office that deals with the administration of company law.
89. RTO – Regional Transport Office: An Indian government bureau responsible for the registration of vehicles.
90. SaaS – Software as a Service: A software distribution model.
91. SEZ – Special Economic Zone: An area in which business and trade laws differ from the rest of the country.
92. SLA – Service Level Agreement: A commitment between a service provider and a client.
93. STP – Software Technology Park: A specialized space for the development and export of software.
94. TDS – Tax Deducted at Source: A means of collecting income tax.
95. TL – Team Leader: The person in charge of leading a team.
96. TQM – Total Quality Management: A management approach for long-term success through customer satisfaction.
97. VAT – Value Added Tax: A tax on goods and services.
98. VRS – Voluntary Retirement Scheme: A method used by companies to reduce the workforce.
99. WTO – World Trade Organization: An intergovernmental organization regulating international trade.
100. YOY – Year Over Year: A method of evaluating two or more measured events.
101. BOT – Build Operate Transfer: A form of project financing.
102. COD – Cash On Delivery: Payment made when goods are delivered.
103. CSR – Corporate Social Responsibility: A company’s responsibility towards society.
104. DCF – Discounted Cash Flow: A valuation method used to estimate the value of an investment.
105. DSO – Days Sales Outstanding: A measure of the average number of days that it takes a company to collect payment.
106. EBIT – Earnings Before Interest and Taxes: An indicator of a company’s profitability.
107. EDI – Electronic Data Interchange: The electronic interchange of business information.
108. ETF – Exchange Traded Fund: A marketable security that tracks an index, commodity, bonds, or a basket of assets.
109. FOB – Free On Board: Indicates whether the seller or the buyer is liable for goods that are damaged or destroyed during shipping.
110. FRS – Financial Reporting Standards: Standards governing the accounting for financial transactions.
111. GDR – Global Depository Receipt: A bank certificate issued in more than one country for shares in a foreign company.
112. GST – Goods and Services Tax: A tax on goods and services sold domestically for consumption.
113. IPO – Initial Public Offering: The first sale of a company’s stock to the public.
114. JIT – Just In Time: An inventory strategy to increase efficiency.
115. LC – Letter of Credit: A letter issued by a bank to another bank.
116. LTL – Less Than Truckload: A shipping service for relatively small freight.
117. MOA – Memorandum of Association: A document that sets out the constitution of a company.
118. MOU – Memorandum of Understanding: A formal agreement between two or more parties.
119. NCLT – National Company Law Tribunal: An Indian tribunal that adjudicates issues relating to companies.
120. NSDL – National Securities Depository Limited: An Indian central securities depository.
121. O&M – Operations and Maintenance: Activities required to operate and maintain a system or facility.
122. PAT – Profit After Tax: The net profit earned by a company after deducting tax expenses.
123. PMI – Project Management Institute: A global non-profit professional organization for project management.
124. PMS – Portfolio Management Services: Professional management of an individual’s investments.
125. PPP – Purchasing Power Parity: A theory that estimates the amount of adjustment needed on the exchange rate.
126. QMS – Quality Management System: A formalized system that documents processes, procedures, and responsibilities.
127. RBI – Reserve Bank of India: The central bank of India.
128. RPO – Recruitment Process Outsourcing: A form of business process outsourcing.
129. SEBI – Securities and Exchange Board of India: The regulator for the securities market in India.
130. SIP – Systematic Investment Plan: An investment vehicle offered by mutual funds.
131. SMM – Social Media Marketing: The use of social media platforms to promote a product or service.
132. SOP – Standard Operating Procedure: A set of step-by-step instructions.
133. STT – Securities Transaction Tax: A tax payable on the value of securities transacted.
134. TRAI – Telecom Regulatory Authority of India: A regulatory body set up by the Government of India.
135. USFDA – United States Food and Drug Administration: A federal agency of the Department of Health and Human Services.
136. VRS – Voluntary Retirement Scheme: A method used by companies to reduce the workforce.
137. WACC – Weighted Average Cost of Capital: A calculation of a firm’s cost of capital.
138. WIP – Work In Progress: The value of work that is not yet complete.
139. YTD – Year To Date: The period beginning the first day of the current calendar year up to the current date.
140. ZBB – Zero-Based Budgeting: A method of budgeting in which all expenses must be justified for each new period.
141. GDP – Gross Domestic Product: The total value of goods produced and services provided in a country during one year.
142. CAGR – Compound Annual Growth Rate: The mean annual growth rate of an investment.
143. IRR – Internal Rate of Return: A metric used in financial analysis to estimate the profitability of potential investments.
144. NAV – Net Asset Value: The value per share of a mutual fund or an ETF.
145. NPS – National Pension System: A pension cum investment scheme launched by the Government of India.
146. ROE – Return on Equity: The amount of net income returned as a percentage of shareholders equity.
147. SIP – Systematic Investment Plan: An investment vehicle offered by mutual funds.
148. TL – Team Leader: The person responsible for leading a team.
149. VRS – Voluntary Retirement Scheme: A method used by companies to reduce the workforce.
150. WTO – World Trade Organization: An intergovernmental organization regulating international trade.

Business Abbreviations FAQs

What is the shortcut for corporate?

Corp.

What is the abbreviation for corporate?

Corp.

What is the shortcut for corporation?

Corp.

What is the acronym for success?

No specific acronym universally recognized.

What are some motivational acronyms?

Examples include SMART (Specific, Measurable, Achievable, Relevant, Time-bound) and GOAL (Get Organized And Learn).

What are the acronyms in business?

Examples include ROI (Return on Investment), CRM (Customer Relationship Management), and KPI (Key Performance Indicator).

What is the CR in business?

Customer Relations or Conversion Rate.

What is the com acronym in business?

It generally refers to 'commercial' or 'company'.

What is the re acronym for business?

It could refer to various things like 'Return on Equity' or 'Real Estate,' depending on context.

What is the short form for business?

Biz.