{"id":5708,"date":"2019-10-16T00:00:00","date_gmt":"2019-10-16T00:00:00","guid":{"rendered":"https:\/\/www.freelancermap.com\/blog\/business-abbreviations-acronyms-jargon-slang-you-need-to-know\/"},"modified":"2024-08-22T10:47:58","modified_gmt":"2024-08-22T08:47:58","slug":"business-abbreviations-acronyms-jargon-slang-you-need-to-know","status":"publish","type":"post","link":"https:\/\/www.freelancermap.com\/blog\/business-abbreviations-acronyms-jargon-slang-you-need-to-know\/","title":{"rendered":"Useful Business Abbreviations, Acronyms and Jargon You Need to Know"},"content":{"rendered":"\n<p><strong>Confused by IMO, TIA, TL;DR or TY? TBH you need a dictionary! Business abbreviations and acronyms are widely used right now &#8211; especially in industries like Online marketing, PR and advertising, Social Media and generally, in startups. What do all those abbreviations mean?<\/strong><\/p>\n\n\n\n<p>Find yourself googling \u201c<strong>IMO meaning<\/strong>\u201d or \u201c<strong>What does AKA mean?<\/strong>\u201d on a regular basis? You\u2019re not alone.<\/p>\n\n\n\n<p>If you\u2019re a Baby Boomer, Gen X or you\u2019re just a non-native speaker, chances are these phrases and terms are relatively new and you might struggle a little with them. But fret not &#8211; we\u2019ve put together a quick guide on some of the most commonly used terms and what they actually mean!<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"#general\">General business abbreviations and acronyms<\/a><\/li>\n\n\n\n<li><a href=\"#Business\">Business &amp; management abbreviations and acronyms<\/a><\/li>\n\n\n\n<li><a href=\"#Marketing\">Marketing abbreviations and acronyms<\/a><\/li>\n\n\n\n<li><a href=\"#IT\">Computer &amp; IT related term abbreviations and acronyms<\/a><br>\u00a0<\/li>\n<\/ul>\n\n\n\n<p>You can find a list of the <strong>most used abbreviations, acronyms and slang terms<\/strong> in the business world, below:<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"General\">General business abbreviations and acronyms<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1.\u00a0\u00a0 <\/strong>AKA &#8211; Also Known As<\/h3>\n\n\n\n<p>This may be a relatively known acronym but one that is commonly used and thus pretty important to be aware of! Use it when referring to something that may be known by more than one name!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2.\u00a0\u00a0 <\/strong>ATM &#8211; At The Moment<\/h3>\n\n\n\n<p>Not to be confused with a cash dispensing machine, this acronym is used to indicate something happening right this instant.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3.\u00a0\u00a0 <\/strong>TIA &#8211; Thanks in advance<\/h3>\n\n\n\n<p>This acronym is a great one to learn since it shortens a phrase we often use especially when working online with other people.<\/p>\n\n\n\n<p><strong>&nbsp;How is it used?<\/strong><\/p>\n\n\n\n<p>As in \u201cCould you please look into this? TIA!\u201d<\/p>\n\n\n\n<div class=\"wp-block-group has-background\" style=\"background-color:#b1c3b7\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"has-text-align-center has-background\" style=\"background-color:#b1c3b7;font-size:18px\">Join our freelancer community today! <br>Create your profile in just 2 minutes and start attracting new clients.<\/p>\n\n\n<div class=\"su-button-center\"><a href=\"https:\/\/www.freelancermap.com\/registration?ref=blog-com-business-abbreviations\" class=\"su-button su-button-style-default\" style=\"color:#222222;background-color:#FCF2DB;border-color:#cac2b0;border-radius:20px\" target=\"_self\"><span style=\"color:#222222;padding:0px 20px;font-size:16px;line-height:32px;border-color:#fdf6e6;border-radius:20px;text-shadow:none\"> <strong>Sign up for free<\/strong><\/span><\/a><\/div><\/br><\/p>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4.\u00a0\u00a0 <\/strong>TBH \/ LBH &#8211; Let\u2019s be honest \/ To be Honest<\/h3>\n\n\n\n<p>Now this one you might be familiar with. Used as in \u201cI\u2019m not too sure about the design TBH\u201d or \u201cLBH, the design could do with a little more work\u201d, you use it when you\u2019re not quite sure and would like to be straight up in a conversation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5.\u00a0\u00a0 <\/strong>NBD &#8211; No Big Deal<\/h3>\n\n\n\n<p>Someone asks you to take a quick look at a project they\u2019re working on? NBD!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6.\u00a0\u00a0 <\/strong>NSFW &#8211; Not Safe For Work<\/h3>\n\n\n\n<p>Run into a hilarious but not quite work-appropriate joke? If you want to send it over to your colleague but don\u2019t want them getting into trouble, you should probably tag the text with NSFW!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>7.\u00a0\u00a0 <\/strong>OMW &#8211; On My Way<\/h3>\n\n\n\n<p>Late to your meeting? Type out a quick OMW to let them know you\u2019ll be there soon!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>8.\u00a0\u00a0 <\/strong>FYI &#8211; For Your Information<\/h3>\n\n\n\n<p>As in \u201cFYI, the date on the calendar is off by a day!\u201d, this is a pretty commonly used acronym in the corporate world!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>9.\u00a0\u00a0 <\/strong>IMO &#8211; In My Opinion<\/h3>\n\n\n\n<p><strong>How is it used?<\/strong><\/p>\n\n\n\n<p>Need to specify your own opinion? Use IMO to dictate how you feel!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">10.\u00a0 \u00a0ROFL\u00a0&#8211; Rolling On the Floor Laughing \/ LMAO \/ LOL<\/h3>\n\n\n\n<p>Trying to depict over joyous laughter? You\u2019ve got a variety of options! Choose from LOL \/ LMAO \/ ROFL!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">11.\u00a0\u00a0\u00a0TL;DR\u00a0&#8211; Too long, didn\u2019t read \/ TLTR\u00a0&#8211; Too long to read<\/h3>\n\n\n\n<p>This acronym can be a little confusing but it is essentially used to indicate a shorter summary of a rather long passage of text. This lets other people receive the main aspect of what you\u2019re trying to say without having to read the whole thing!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">11.\u00a0 \u00a0NRN\u00a0&#8211; No Reply Necessary<\/h3>\n\n\n\n<p>This is a great acronym to use, especially in emails, where ending a conversation can sometimes be a little hard to do. Simply end with NRN and you\u2019re good to go!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">12.\u00a0 \u00a0PRB\u00a0&#8211; Please Reply By<\/h3>\n\n\n\n<p>Need someone to reply by a specific date? Simply add in PRB with the required date and you\u2019re set.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>13.\u00a0 \u00a0<\/strong>FTW &#8211; For the win<\/h3>\n\n\n\n<p>An acronym that has spilt over for the gaming community, FTW can now be used for almost anything you find yourself winning at, such as \u201cDavid\u2019s marketing proposal FTW!\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>14.\u00a0 \u00a0<\/strong>IDK &#8211; I don\u2019t know<\/h3>\n\n\n\n<p>This one needs no explanation and is pretty obvious for those of us who have spent even a little bit of our time online. The next time you find yourself without an answer for something asked via text, simply type in IDK!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>15.\u00a0 \u00a0<\/strong>IIRC &#8211; If I remember correctly<\/h3>\n\n\n\n<p>If you&#8217;re pretty sure you have something right but don&#8217;t want to be quoted on it, preface it with this business slang term &#8211;&nbsp;IIRC&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">16.\u00a0 \u00a0WTH \/ WTF &#8211; What the&#8230;.<\/h3>\n\n\n\n<p>This acronym probably needs no explanation &#8211; we\u2019ve all used it to express a variety of emotions, feelings, shock, disbelief, frustration, etc. Be careful where and when you use it though &#8211; it\u2019s probably best used with close friends and\/or colleagues that you share a close bond with!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Business\">Business &amp; management abbreviations and acronyms<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>17.\u00a0\u00a0 <\/strong>OOO &#8211; Out of office<\/h3>\n\n\n\n<p>Not available to answer your emails? Set up an automated message or response saying you\u2019re OOO!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>18.\u00a0\u00a0 <\/strong>MOM &#8211; Month over Month \/ YOY &#8211; Year over Year<\/h3>\n\n\n\n<p>A favourite used by managers when discussing the current month\u2019s performance to the previous month (or year) as a comparison tool.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">19.\u00a0\u00a0 AP\/AR\u00a0&#8211; Accounts Payable\/Receivable<\/h3>\n\n\n\n<p>Let clients know what they owe with a quick AP\/AR memo!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">20.\u00a0\u00a0 COB\u00a0&#8211; Close of Business \u2013 by the end of the business day<\/h3>\n\n\n\n<p>If you want something done before the end of a working day, let people know by mentioning COB as part of the timeline.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>21.\u00a0\u00a0 <\/strong>EOD &#8211; End of day<\/h3>\n\n\n\n<p>Not in a hurry? Instead of working by strict business hours, simply type in EOD if you need it done today but can afford to wait till the end of the day.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>22.\u00a0\u00a0 <\/strong>ROI &#8211; Return on Investment<\/h3>\n\n\n\n<p>ROI is used as a performance measurement indicator in order to evaluate the efficiency and profitability of an investment.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>23.\u00a0\u00a0 <\/strong>Q1 &#8211;\u00a0 First Quarter \/ H1 &#8211; First half<\/h3>\n\n\n\n<p>Q1, Q3, or H2 &#8211; they all indicate periods of the year either divided into 3, 4 months or 6 months.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>24.\u00a0\u00a0 <\/strong>YTD \/ MTD &#8211; Year to Date \/ Month to Date<\/h3>\n\n\n\n<p>Marking off a specific date? Use YTD or MTD to define exact years or months on a calendar.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>25.\u00a0\u00a0 <\/strong>LET &#8211; Leaving early today<\/h3>\n\n\n\n<p>Sign off from work in advance by letting your boss know with a quick LET memo!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>26.\u00a0 \u00a0<\/strong>PTO &#8211; Paid time off<\/h3>\n\n\n\n<p>An employee favourite &#8211; who doesn\u2019t want to get paid for time off?!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>27.\u00a0 \u00a0<\/strong>RFD &#8211; Request for discussion<\/h3>\n\n\n\n<p>Need to quickly discuss something? RFD with your manager!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>28.\u00a0 \u00a0<\/strong>ETA &#8211; Estimated time of arrival<\/h3>\n\n\n\n<p>This business slang is commonly used when discussing people or projects &#8211; such as \u201cWhen is the project due? ETA Tuesday, at 4 pm!\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>29.\u00a0 \u00a0<\/strong>SOW &#8211; Scope of work<\/h3>\n\n\n\n<p>When describing the work needed to be done, shoot off an email to your client letting them know the SOW involved!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Marketing\"><strong>Marketing abbreviations and acronyms<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">30. \u00a0 CMS &#8211; Content Management System<\/h3>\n\n\n\n<p>Use an optimized to deliver personalized web experiences to potential customers<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">31.\u00a0\u00a0 CR &#8211; Conversion Rate<\/h3>\n\n\n\n<p>CR refers to the number of people who click on a lead and then actually go through with the desired action. CRs are particularly important to marketing clients!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">32.\u00a0\u00a0 CTA &#8211; Call-to-Action<\/h3>\n\n\n\n<p>Use a CTA to draw in more customers to perform a desired marketing action such as filling out a form, downloading content, or registering personal information!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">33.\u00a0\u00a0 DM &#8211; Direct Mail, or Direct Message <\/h3>\n\n\n\n<p>DMs are private messages used on online social media platforms to engage directly with a person. DMs are a great marketing tool so go ahead and try it out!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">34.\u00a0\u00a0 KPI\u00a0&#8211; Key Performance Indicator<\/h3>\n\n\n\n<p>A type of performance measure used to evaluate an activity&#8217;s success. While <a href=\"https:\/\/www.freelancermap.com\/blog\/track-growth-business\/\">KPIs<\/a> are used throughout a business, marketers look at KPIs to track progress toward marketing goals.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">35.\u00a0\u00a0 WOM &#8211; Word-of-Mouth<\/h3>\n\n\n\n<p>Despite what some people may think, WOM can still be a great communication tool to help create much-needed buzz.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"IT\">Computer &amp; IT related term abbreviations and acronyms<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">36.\u00a0\u00a0 Ping\u00a0&#8211; Reach out to via Instant Messaging<\/h3>\n\n\n\n<p>This is pretty self-explanatory &#8211; Ping your colleagues if you don\u2019t quite get it \ud83d\ude09<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">37.\u00a0\u00a0 ETR\u00a0&#8211; Estimated time of repair<\/h3>\n\n\n\n<p>Commonly used by IT professionals, ETR is used to dictate the amount of time a repair may take.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>38.\u00a0\u00a0 <\/strong>WYSIWYG &#8211; What you see is what you get<\/h3>\n\n\n\n<p>For added whimsy, you&#8217;ll hear this one said out loud as &#8220;whiz-ee-wig\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>39.\u00a0\u00a0 <\/strong>VPN &#8211; Virtual private network<\/h3>\n\n\n\n<p>Not a slang term but an honorary mention on our list of Computer-based acronyms, a VPN is used to create your own private network at times when you\u2019re dealing with sensitive content and would like a higher level of internet security and <a href=\"https:\/\/www.freelancermap.com\/blog\/cybersecurity-risks-tips-freelancer\/\">protect your data online<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/freelancermap.s3.eu-west-1.amazonaws.com\/channel_incl1\/business-abbreviations----acronyms-and-business-jargon-you-need-to-know-5708.jpg\" alt=\"Most used business abbreviations and acronyms\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/figure>\n\n\n\n<p><em>And there you go. Think of some more slang or acronyms we may have missed? Let us know in the comments below!<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.freelancermap.com\/registration?ref=blog-com-business-abbreviations\"><img decoding=\"async\" width=\"1024\" height=\"297\" data-src=\"https:\/\/www.freelancermap.com\/blog\/wp-content\/uploads\/2024\/07\/cta-blog-freelancermap-sign-up.png\" alt=\"Looking for freelance projects? Register for free on freelancermap and land new clients a 0% commission fees\" class=\"wp-image-42927 lazyload\" data-srcset=\"https:\/\/www.freelancermap.com\/blog\/wp-content\/uploads\/2024\/07\/cta-blog-freelancermap-sign-up.png 1024w, https:\/\/www.freelancermap.com\/blog\/wp-content\/uploads\/2024\/07\/cta-blog-freelancermap-sign-up-300x87.png 300w, https:\/\/www.freelancermap.com\/blog\/wp-content\/uploads\/2024\/07\/cta-blog-freelancermap-sign-up-768x223.png 768w, https:\/\/www.freelancermap.com\/blog\/wp-content\/uploads\/2024\/07\/cta-blog-freelancermap-sign-up-720x209.png 720w, https:\/\/www.freelancermap.com\/blog\/wp-content\/uploads\/2024\/07\/cta-blog-freelancermap-sign-up-580x168.png 580w, https:\/\/www.freelancermap.com\/blog\/wp-content\/uploads\/2024\/07\/cta-blog-freelancermap-sign-up-320x93.png 320w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/297;\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Confused by IMO, TIA, TL;DR or TY? TBH you need a dictionary! Business acronyms are widely used right now &#8211; especially in industries like Online marketing, PR and advertising, Social Media and generally, in startups. What do all those abbreviations mean?<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","footnotes":""},"categories":[3006],"tags":[],"class_list":["post-5708","post","type-post","status-publish","format-standard","hentry","category-marketing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Useful Business Abbreviations, Acronyms and Jargon You Need to Know<\/title>\n<meta name=\"description\" content=\"Confused by business abbreviations like IMO, TIA, TL;DR, or TY? 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