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Line of business. Line of business ( LOB) is a general term which refers to a product or a set of related products that serve a particular customer transaction or business need. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to meet a statutory set of insurance policies.
Corporate jargon (variously known as corporate speak, corporate lingo, business speak, business jargon, management speak, workplace jargon, corporatese, or commercialese) is the jargon often used in large corporations, bureaucracies, and similar workplaces. [ 1][ 2] The language register of the term is generally being presented in a negative ...
A common example of a sunk cost for a business is the promotion of a brand name. This type of marketing incurs costs that cannot normally be recovered [citation needed]. It is not typically possible to later "demote" one's brand names in exchange for cash [citation needed]. A second example is research and development (R&D) costs.
Meaning Origin language and etymology Example(s) dacry(o)-of or pertaining to tears: Greek δάκρυ, tear dacryoadenitis, dacryocystitis-dactyl(o)-of or pertaining to a finger, toe Greek δάκτυλος (dáktulos), finger, toe dactylology, polydactyly: de-from, down, or away from Latin de-dehydrate, demonetize, demotion dent-
What does ‘stand on business’ mean? Once upon a time, elders used to encourage young people to “keep their word.” Now, the new generation of adults is encouraging everyone to “stand on ...
Neologisms are often formed by combining existing words (see compound noun and adjective) or by giving words new and unique suffixes or prefixes. [10] Neologisms can also be formed by blending words, for example, "brunch" is a blend of the words "breakfast" and "lunch", or through abbreviation or acronym, by intentionally rhyming with existing words or simply through playing with sounds.
Jargon, also referred to as "technical language", is "the technical terminology or characteristic idiom of a special activity or group". [ 8] Most jargon is technical terminology ( technical terms ), involving terms of art[ 9] or industry terms, with particular meaning within a specific industry. The primary driving forces in the creation of ...
Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. [ 1]