95 business acronyms and what they mean
Posted: Sat Apr 19, 2025 6:06 am
The business world is fast-paced. Business abbreviations or acronyms are often used to speed up communication and improve operational efficiency. Knowing these abbreviations can be especially important.
Learning common business abbreviations can help you improve your performance at work and stay on track in meetings without having to ask for clarification.
In this article, we'll explain 95 of the most important business abbreviations, what they mean, and when to use them. It's worth noting that many of these business acronyms are English words, which can be helpful if you work with international clients.
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95 business acronyms and what they mean
1. ACCT (Account): Account
An abbreviation for the word account, generally used in sales reporting software and balance sheets.
2. AIR (Assumed interest rate): Assumed interest rate
The AIR is the interest rate selected by an insurance company. It determines the value of an annuity contract and the income payment provided to the annuitant based on this value.
3. AOP (Annual operations planning): Annual Operations Planning
Annual operating planning is a budgeting process that involves forecasting the budget, costs, and benefits plan for the coming year.
4. AP (Accounts payable): Accounts payable
Accounts payable are the costs of goods or services that an organization owes to its suppliers.
Learning common business abbreviations can help you improve your performance at work and stay on track in meetings without having to ask for clarification.
In this article, we'll explain 95 of the most important business abbreviations, what they mean, and when to use them. It's worth noting that many of these business acronyms are English words, which can be helpful if you work with international clients.
Download the Ultimate Guide to the Sales Process
Learn how to use an activity-based selling model to streamline sales and help your team grow.
Work email
Send for me
Your data is processed in accordance with our privacy notice . You line database can unsubscribe at any time.
95 business acronyms and what they mean
1. ACCT (Account): Account
An abbreviation for the word account, generally used in sales reporting software and balance sheets.
2. AIR (Assumed interest rate): Assumed interest rate
The AIR is the interest rate selected by an insurance company. It determines the value of an annuity contract and the income payment provided to the annuitant based on this value.
3. AOP (Annual operations planning): Annual Operations Planning
Annual operating planning is a budgeting process that involves forecasting the budget, costs, and benefits plan for the coming year.
4. AP (Accounts payable): Accounts payable
Accounts payable are the costs of goods or services that an organization owes to its suppliers.