BUSINESS ACRONYMS and ABBREVIATIONS

Words formed by the first letters of the words in a phrase.

Acrynoms are the first letters of the words in a phrase pronounced as a word.
Examples:
- NATO for North Atlantic Treaty Organization
- UNESCO for the United Nations Educational, Scientific,
and Cultural Organization
- SIM (card) - Subscriber Identification Module

Here is a list of common acronyms and abbreviations used in business:

ACRONYM MEANING EXAMPLE
AGM Annual General "Last year's activities and accounts will be
Meetiing discussed at the AGM."

B2B Business to business "Here's an interesting article

(sells things to other on B2B commerce."
businesses)
B2C Business to "We are thinking of re-entering
consumer the B2C  market."
(sells things to the
general public)
CEO Chief Executive "Mr. Brown reports directly to the CEO."
Officer
(most important job in
a company)
CFO Chief Financial "The CFO is attending a meeting on cost
Officer reduction."
(in charge of the
company's finances)
CPA Certified public "A CPA deals with our income tax returns."
accountant
(qualified accountant)
CTO Chief technology "The town's CTO declared that all schools
officer would have new computer systems next year."
(in charge of
computer systems)
COB/EOB Close of business / "I need an estimate by tomorrow COB."
End of business (or EOB)
COD Cash on delivery "You don't have to pay now - it's COD."
N/A Non-applicable "The information requested does not apply."
NDA Non-disclosure "All those present will be asked to sign
agreement an NDA."
(agree not to reveal
information)
OT Overtime "No OT will be approved this month."
(working extra hours)
PR Public relations "The PR department is planning a press
conference."
ROI Return on "Investors always hope for a high ROI."
investment
RSVP Repondez s'il vous "RSVP to Julie before the end of the month."
plait
TBA To be announced "Details of the agreement are TBA."
TBD To be determined "An appropriate course of action is TBD."
VAT Value added tax "It costs 1500€, VAT included."
YTD Year to date "What are our YTD sales figures?"