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52 Must Know Business Abbreviations

  • APR

Annual percentage rate (the interest rate for a whole year on a credit card, loan, mortgage, etc.)

  • ASAP

As soon as possible

  • ATTN

Attention (used to indicate who a letter is for — ATTN Kim Miller, for example)

  • B2B

Business to business

  • cc

Carbon copy (means that a duplicate copy has been sent to another person)

  • CEO

Chief Executive Officer

  • CFO

Chief Financial Officer

  • Co.

Company

  • COD

Cash on delivery

  • CPA

Certified Public Account

  • CSR

Customer service representative

  • dept.

Department

  • EST

Eastern Standard Time

  • ETA

Estimated time of arrival

  • FAQ

Frequently asked question

  • GDP

Gross Domestic Product (the value of all goods and services produced within a country within a period of time)

  • GNP

Gross National Product (the value of all goods and services produced by the nationals of a country)

  • HQ

Headquarters

  • USP

Unique Selling Point

  • Inc.

Incorporated (an organization that is its own legal entity)

  • ISO

International Organization for Standardization (an international organization that develops standards for things such as quality management, food safety management, and environmental management)

  • Jr.

Junior

  • R&D

Research and Development

  • LLC

Limited liability company

  • MBA

Master of Business Administration degree

  • BD

Business Development

  • PR

Public Relations

  • QC

Quality Control

  • PO

Purchase Order

  • ACCT

Account

  • HR

Human Resources

  • N/A

Not applicable (means that information is not given because it is unnecessary or irrelevant)

  • AD

Advertisement

  • PO

Purchase order

  • PR

Public relations

  • B2C

Business to Consumer

  • PS

Post script (a short message at the end of a letter)

  • Q1, Q2, Q3, Q4

First quarter, second quarter, third quarter, fourth quarter

  • B2B

Business to Business

  • R&D

Research and development

  • ROI

Return on investment

  • RSVP

Répondez s’il vous plaît, French for “please reply”

  • SWOT

Strengths, weaknesses, opportunities, threats

(a SWOT analysis evaluates the strengths, weaknesses, opportunities, and threats of a company, business venture, or project)

  • TBD

To be determined

  • ROI

Return on Investment

  • VP

Vice president

  • ROE

Return on Equity

  • ROA

Return on Assets

  • BGT

Budget

  • GP

Gross Profit

  • Pd

Paid

  • P&L

Profit and Loss