Most Important Business Abbreviations and Acronyms

This post include most important abbreviations and acronyms (80)

Acct – Account
Ad– Advertisement
Approx – Approximately
APR – Annual percentage rate
BS- Bachelor of Science Degree
B2B – Business to business
BA – Bachelor of Business Administration Degree
CEO – Chief Executive Officer
CFO – Chief Financial Officer
Co. – Company
Corp. – Corporation
CSR – Customer Sales Representative
Dept. – Department
Div – Division
Ea. – Each
EST – Eastern Standard Time (the time on the East Coast of the United States and some Canadian provinces)
FAQ – Frequently Asked Question
FWD – Forward
GDP – Gross Domestic Product
Govt. – Government
HQ – Headquarters
Inc. – Incorporated
ISO – International Organization for Standardization
Jr. – Junior
Lb. – Pound (weight)
LLC – Limited liability company
Max – Maximm
MBA – Master of Business Administration Degree
Memo- Memorandum
Mfg– Manufacturing
Min. – Minium
Mo – Month
No – Number
Pkg – Package
PO – Purchase order
PR – Public relations
Q1, Q2, Q3, Q4 – First quarter, second quarter, third quarter, fourth quarter
Qty – Quantity
R&D – Research and Development
Re – In regards to, regarding
Recd. – Received
ROI – Return on Investment
SWOT – Strengths, weaknesses, opportunities, threats
Temp – Temporary Secretary
VP – Vice President
W/ – With
W/O – Without
Yr. – Year
404 – Abbreviation for the “Error 404 – Not Found” message displayed when coming across a dead link online. Can also mean lost or confused, e.g. “After coming out of the weekly staff meeting, I still felt 404.”
COOP – Continuity of operations planning.
EOM – End of message.
EOT – End of thread.
ESP – Email service provider
FWIW – “For what it’s worth.” Commonly used in email communications.
IAM – “In a meeting.”
IM – instant message.
IMO – “In my opinion.” Commonly used in email communications or IMHO – “in my humble opinion.”
KPI – Key performance indicator.
KRA – Key result area.
MBO – Management by objectives.
NSFW – Not Safe For Work. Your college buddy has just sent you a link titled “Check this out! (NSFW).” Don’t click on it if you value your job.
NWR – Not work related.
OLT – Online Training.
OTP – “On the phone.”
RACI – tool used to assign roles and responsibilities to team members. Stands for Responsible, Accountable, Consulted, Informed.
ROWE – Results Only Work Environment.
SMART – used in goal setting, it stands for Specific, Measureable, Attainable or Achievable, Realistic, and Time-bound.
SME – subject matter expert.
SNS – Social network site.
SOHO – Small Office / Home Office.
VC – Virtual Class.
VLE – Virtual learning environment.
VPN – Virtual private network.
VW – virtual worker.
VWVW – virtual worker at virtual workplace.
WAH – Work At Home, see WFH.
WBT – Web-based training.
WIIFM – “What’s in it for me?”
WFH – Work From Home.
401k – A common type of US retirement savings plan