Business Acronyms

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portret użytkownika amiga
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Business Acronyms

ASAP  : As Soon As Possible
COB  : Close Of Business
COP  : Close Of Play
PO  : Purchase Order
GR  : Goods Receipt
IR  : Invoice Receipt
R/E  : Rate of Exchange (also called FX exchange)
TOR  : Terms of Reference
P/C  : Price, Current
O/S  : Out of Stock, differs from...
OS  : ...On Sample
EBIT  : Earnings Before Interests and Taxes; Shows the result of the company before Interest expenditures and Income Taxes. It differs from...
EBITDA : Earnings Before Interests, Taxes, Depreciation and Amortization; ...that gives a more precise idea of final result (earnings or loss). It takes into account these two aspects of business in addition.
BOY  : Beginning Of the Year; Generally January, but in any case is considered the beginning of the financial year (for statements purpose).
EOY  : End Of the Year; Generally December, but in any case is considered the end of the financial year (for statements purpose).
YTD  : Year To Date; term generally used to indicate all the expenses a firm incurred in during a year (P&L)
WIP  : Work In Progress; Expecially used for assets under construction.
Company Departments - Functional Areas
MKT  : Marketing R&D  : Research and Development H&S  : Health and Security M&R  : Maintenance and Repair HR  : Human Resources IT  : Information Technology
SG&A  : Selling, General & Administrative (regroups many depts. generally excluding manufacturing only, or manuf. + R&D)


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Common English idioms Black

Common English idioms

Black Tie - Not a true idiom; however, it can be misleading. It does not mean 'Wear a black tie', but rather a 'DJ' or dinner jacket and bow tie (alternatively a tuxedo)

e.g. or eg. - exempli gratia, for example

et al. - et alii, and others

i.e. or ie. - id est, that is; in other words

NB - Nota Bene, note well

PS - Post Script, Written after the end of an informal letter. Used in order to include a piece of information forgotten to be included at the beginning of the letter

RSVP - Repondez s'il vous plait, is an abbreviation for ‘répondez s’il vous plaît’, which means ‘please reply’. It is written on the bottom of a card inviting you to a party or special occasion.

CV - Curriculum Vitae, Latin expression meaning "course of life" in other words, a resumee.

N/A - Not Applicable

RGDS - Regards