List of business and finance abbreviations

This is a list of business and finance abbreviations.

A

• ADR – American Depositary Receipt
• AOP – Annual Operating Plan
• AP – Accounts payable
• ARPU – Average revenue per user
• ASP – Average selling price
• ASAP – "As soon as possible"
• agcy. – Agency
• agt. – Agent
• asst. – Assistant
• a/c. – Account
• afaik. – As far as i know
• AWS - AMAZON WEB SERVICES

B

• BAU – Business As Usual
• BRU – Business Recovery Unit
• B2B – Business-to-business
• B2C – Business to Consumer
• B2G – Business-to-government
• BUSI – business
• bus. – business
• bldg. – Building
• BEP - Break Even Point
• BRV-Bank Receipt Voucher^[1]
• BPV-Bank Payment Voucher^[2]
• BLS-Balance Sheet^[3]

C

• CAO – Chief Administrative Officer
• CAGR – Compound annual growth rate
• CAPEX – Capital Expenditure
• CAPM – Capital asset pricing model
• CBOE – Chicago Board Options Exchange
• CBOT – Chicago Board of Trade
• CDO – Collateralized debt obligation
• CDM – Change and Data Management
• CDS – Credit default swap
• CEO – Chief executive officer
• COA – Chart of Account
• CFA – Chartered Financial Analyst
• CFD – Contract for difference
• CFC – Consumption of fixed capital
• CFCT – Cash Flow Cycle Time
• CFM – Certified Financial Manager
• CFO PEX – Capital Expenditures
• CFO – Chief Financial Officer
• CFS – Consolidated Financial Statement
• CIA – Certified Internal Auditor
• CIF – Cost Insurance With Freight
• CIMA – Chartered Institute of Management Accountants
• CIO – Chief Information Officer or Chief Investment Officer
• CISA – Certified Information Systems Auditor
• CIP - Carriage and Insurance Paid
• CMA – Certified Management Accountant
• CMFB – Committee on monetary, finance and balance of payments statistics
• CMO – Chief Marketing Officer
• COB – Close of Business
• COGS – Cost of Goods Sold
• Corp. – Corporation
• COO – Chief Operating Officer
• CPA – Certified Public Accountant
• CPQ – Configure, Price, Quote
• CPI – Consumer Price Index
• CPU - Central Processing Unit
• CSI - Continual Service Improvement
• CSO – Chief Security Officer
• CSR - Corporate social responsibility
• CRM – Customer Relationship Management
• CVP – Cost Volume Profit
• C2B – Consumer-to-business
• CTO – Chief Technology Officer
• C&F – Cost With Freight
• CX – Customer Experience
• CKM Customer Knowledge Management
• CTC - Cost to company
• CrCredit ^[4]
• CACurrent Account^[5]

D

• DDA – Depletion Depreciation Amortization
• dept. – Department
• Dept - Department
• DI – Dispatch information
• Dir - Director
• disc. – Discount
• DMA – Direct market access
• DR – Depositary receipt
• DSP - Delivery service provider
• DTP-Do this please
• DVP - Delivery versus payment
• DSO - Days Sales Outstanding
• DPO - Days Payable Outstanding

E

• ECS — Electronic Clearing Service
• ECS — Electronic Clearing System
• EAR – Effective annual rate
• EAY – Effective Annual Yield
• EBITA – Earnings before interest and taxes and amortization
• EBITDA – Earnings before Interest, Taxes, Depreciation, and Amortization
• ECB – European Central Bank
• EDI – Electronic Data Interchange
• EFSM – European Financial Stabilisation Mechanism
• EFTPOS – Electronic Funds Transfer at Point of Sale
• EPS – Earnings per share
• EXP – Export
• EOB – End Of the Business
• EOD – End Of the Day
• EOM – End Of Message
• ERP - Enterprise Resource Planning
• ETA - Estimated Time of Arrival
• ETD - Estimated Time of Delivery
• EMI - Equated Monthly Installment
• EPC - Export Promotion Council
• ECGC - Export Credit Guarantee Corporation of India
• EXW - Ex Works , Ready at Warehouse

F

• FAB - Feature Advantage Benefits
• FDP – Finance Department
• FOB – Freight On Board
• FIFO – First In, First Out
• FinMin – Finance Minister
• Fin Min – Finance Minister
• FL – Financial leverage
• FOMC – Federal Open Market Committee
• FP&A – Financial Planning & Analysis
• FPO – Follow on public offer
• FIX – Financial Information Exchange
• FSA – Financial Services Authority
• FX – Foreign exchange market
• FYI- For Your Information
• FOC- Free Of Cost
• FYA- For Your Action
• FTE- Full Time Equivalent
• F/U- Follow-Up

G

• GAAP – Generally Accepted Accounting Principles
• GAAS – Generally Accepted Audit Standards
• GDP – Gross Domestic Product
• GDR – Global depository receipt
• GFCF – Gross fixed capital formation
• GL – General Ledger
• GMV – Gross Merchandise Volume
• GP – Gross Profit
• GPO – Group purchasing organization
• GRN – Goods Receipt Note
• GRNI - Goods Receipt Not Invoiced
• GSV – Gross Sales Value
• GVC – Global Value Chain
• GMROII-Gross Margin Return on Inventory Investment
• G&A – General and Administration expense. expenditures related to the day-to-day operations of a business.

H

• HR – Human Resources
• HQ – Headquarters
• HRD – Human Resource Development
• HMRC - Her Majesty's Revenue and Customs

I

• IAS – International Accounting Standards
• ICB – Industry Classification Benchmark
• ICRM – Innovative Customer Relationship Management
• IE – Interest expense
• IFRS – International Financial Reporting Standard
• ILCLP – IdentLogic Systems Customer Loyalty Program
• IMF – International Monetary Fund
• IMP – Import
• Inc. – Incorporated
• IoT – Internet of Things
• IPO – Initial Public Offering
• IR – Interest Rate - typically referring to an IR derivative product
• IRS – Internal Revenue Service
• ISIN – International Securities Identification Number
• ISM – Institute of Supply Management
• IYR – In Year Revenue
• IPT - Item Per Transaction

J

• J – Journal
• JIT - Just in time
• JIS - Just in sequence
• JST - Joint Supervisory Team

K

• K – Is used as an abbreviation for 1,000. For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000.
• KIBOR - Karachi Interbank Offered Rate
• KPI – "Key Performance Indicators" refers to a type of performance measurement. An organization may use KPIs to evaluate its success, or to evaluate the success of a particular activity in which it is engaged.
• KYC – "Know Your Customer" refers to due diligence activities that financial institutions and other regulated companies must perform to ascertain relevant information.

L

• LBO – Leveraged Buyout
• LC – Letter of credit
• LIBOR – London Interbank Offered Rate
• LE – Latest Estimate
• LIFFE – London International Financial Futures and Options Exchange
• LIFO – Last In, First Out
• LLC – Limited Liability Company
• LME – London Metal Exchange
• Ltd. – Limited Company
• LTV - Loan to Value
• LoU - Letters of Undertaking

M

• MBS – mortgage-backed security
• mfg. – Manufacturing
• MGMT - Management
• MIC – Market Identifier Code
• MoM - Month on Month / Month over Month
• MOQ – Minimum Order Quantity
• MOU - Memorandum of understanding
• MPC – marginal propensity to consume
• MRO – Maintenance, Repair, and Operations
• MRP - Maximum Retail Price
• MSOD – Monthly Statement of Select Operational Data
• MSRP - Manufacturer's Suggested Retail Price
• MTD – Month-to-date
• MWC – Managerial Working Capital

N

• NAV – Net asset value
• NCBO – No Change of Beneficial Ownership
• NCND – Non-Circumvent and Non-Disclosure
• NDA – Non-Disclosure Agreement
• NII – Net Interest Income
• NIM – Net Interest Margin
• NOA – Net Operating Assets
• NOI – Net Operating Income
• NOPAT – Net Operating Profit After Tax
• NPL – Non-performing loan
• NPV – Net Present Value
• NTE - Not To Exceed
• NYMEX – New York Mercantile Exchange
• NYSE – New York Stock Exchange

O

• OC – Opportunity Cost
• OCF – Operating cash flow
• OECD – Organisation for Economic Co-operation and Development
• OEM - Original Equipment Manufacturer
• OIBDA - Operating Income Before Depreciation And Amortization
• OPEX – Operational Expenditures
• OTC – Over-the-counter (finance)
• OOO - Out of Office

P

• PA - Purchasing agent
• PA - Promotional Activity
• PAT – Profit After Tax
• PBT – Profit Before Tax
• P/E – Price-to-earnings ratio
• PEG – Price-to-earnings growth ratio
• P&L – Profit and Loss
• PI - Professional Indemnity (insurance coverage)
• pip – Percentage in point
• PMAC – Period Moving Average Cost
• PO – Profit Objective or Purchase Order
• POS – Point of sale
• PP&E – Property, plant, and equipment
• PPP – Public-private partnership
• PPP – Purchasing power parity
• PR – Purchase Requisition
• PHEK – Planherstellungskosten (Product Planning cost)
• PTD Project to Date
• PPt Power point presentation

Q

• QC – Quality control or Quality costs
• QoQ - Quarter on quarter
• q/q – Quarter on quarter
• QTD – Quarter-to-date

R

• RBI – Reserve Bank of India
• RBA – Reserve Bank of Australia
• RE – Retained Earnings
• RFI – Request for information
• RFP – Request for Proposal
• RFQ – Request for Quotation
• RFX – Generic name for a Request for Information, Proposal or Quotation
• ROA – Return on assets
• ROCE – Return On Capital Employed
• ROE – Return on Equity
• ROI – Return on Investment
• ROIC – Return on Invested Capital
• RONA – Return on net assets
• ROS – Return on Sales
• RR – Resource rent
• RSP – Retail selling price
• R&D – Research and Development
• RC – Retail Company

S

• S_t – Sales, during time period t.
• S&M - Sales & Marketing
• S&OP - Sales and operations planning
• SAAS – Software-as-a-Service
• SCM – Supply Chain Management
• SCBA – Social Cost Benefit Analysis
• SEBI – Securities and Exchange Board of India
• SEC - Securities and Exchange Commission
• SG&A – Sales, General, and Administrative expenses
• SIR – Stores Issuance Requisition
• SIOP – Sales Inventory and Operations Plan
• SIV – Structured investment vehicle
• SKU – Stock keeping unit
• SME - Small and Medium Enterprises
• SOHO – Small Office/Home Office
• SOX – Sarbanes-Oxley
• SROI - Social return on investment
• SOP - Standard Operating Procedure
• SOW - Statement Of Work
• SLA* -Service Level Agreement
• SUA - Start Up Agreement

T

• TCO – Total Cost of Ownership
• TCV – Total Contract Value
• TSR – Total Shareholder Return
• TB – Transaction Banking
• TBD – To Be Defined
• TBC - To Be Completed
• TQM- Total Quality Management
• TOTW- Time Off for Time Worked
• TTM- Trailing Twelve Months

U

• USP – Unique Selling Proposition

V

• VAD – Value-Added Distributor
• VAT – Value-Added Tax
• VAR – Value-Added Reseller
• VC – Venture Capital
• VaR – Value at Risk

W

• WACC – Weighted average cost of capital
• WC – Working capital
• WFH – Work From Home
• wk – week
• wrk – work
• wo – work order
• WIGs – Wildly Important Goals
• wasp - weighted average selling price
• WLL - With Limited Liability
• w.r.t - With Respect To
• WTI – West Texas Intermediate
• WVN - Withdraw Voucher Note
• WHT - Withholding Tax
• WTO -World Trade Organization
• WTD -Week-To-Date
• WW - World Wide

Y

• YTD– Year-to-date
• YTG – Year-to-go
• YOY – Year-over-year
• YTC – Yet-To-Confirm
• FYF – Full Year Forecast
• 1H – 1st Half

Z

• zcyc – Zero Coupon Yield Curve
• ZOPA – Zone of Possible Agreement

References

External links

• Business acronyms and abbreviations
• Business acronyms