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30 common work abbreviations and what they mean

30 common work abbreviations and what they mean
If you are one of those who work 9-5 or conduct business with people who do, you must have heard some abbreviations used to streamline communication.
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These abbreviations are used in different instances including drafting emails, attending meetings, or reviewing documents. It is always safe to know these abbreviations as this makes communication easier. 

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Here are some of the most common ones and their meanings;

CEO – Chief Executive Officer (Top executive responsible for overall management)  

CFO – Chief Financial Officer (Manages financial planning and risk management)  

COO – Chief Operating Officer (Oversees daily operations of a company)  

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HR – Human Resources (Handles employee relations, recruitment, and benefits)  

PR – Public Relations (Manages company image and media interactions)  

Female entrepreneur Manager using her laptop , working in a cafe or office. Near mobile phone and coffee. Freelance workplace, Breakfast business lady. Search for information on the Internet.
Female entrepreneur Manager using her laptop , working in a cafe or office. Near mobile phone and coffee. Freelance workplace, Breakfast business lady. Search for information on the Internet.

R&D – Research and Development (Innovates and improves products/services)  

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ASAP – As Soon As Possible (Urgency in completing a task)  

FYI – For Your Information (Sharing details without requiring action)  

ETA – Estimated Time of Arrival (Expected time to reach a destination or complete a task)  

EOD – End of Day (Deadline before the end of the working day)  

COB (Close of Business) – End of the workday, usually 5 PM or 6 PM

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TBD – To Be Determined (Details yet to be decided)  

KPI – Key Performance Indicator (Metrics to measure performance)  

NRN (No Reply Necessary) – Used in emails when no response is needed.

TAT (Turnaround Time) – Time taken to complete a task.

NDA (Non-Disclosure Agreement) – A legal contract to protect confidential information.  

TBA (To Be Announced) – Details will be shared later.  

MOU (Memorandum of Understanding) – A formal agreement between two or more parties.  

POC (Point of Contact) – The main person responsible for communication.  

FAQ (Frequently Asked Questions) – Commonly asked questions and their answers.  

ROI – Return on Investment (Measure of profitability)  

P&L – Profit and Loss (Statement summarizing revenues and expenses)    

WFH – Work From Home (Remote work setup)  

OOO – Out of Office (Not available for work)  

PTO – Paid Time Off (Leave granted with salary)  

RFP – Request for Proposal (Formal solicitation for services)  

OKR (Objectives and Key Results) – A goal-setting framework used in businesses.

YTD (Year to Date) – Performance from the beginning of the year until now.  

MTD (Month to Date) – Performance from the start of the current month.  

QTD (Quarter to Date) – Performance from the start of the current quarter.  

How many of these have you used before?

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