Have you ever tried to read a business email and been stumped by the complex acronyms and initialisms contained within it?
Don’t worry, you’re not alone. It takes quite a while to learn all the special vocabulary that exists in the professional world, but this confusion can be remedied with a little bit of reading! Make some sense of corporate jargon by scrolling through the abbreviations below:
Stands for… Please find attached
Meaning: Almost always seen in emails, PFA means the sender has attached a file to their message and wants the recipient to view/download it or interact with it in some specified way.
Example: PFA the document that needs to be signed.
Stands for… Estimated time of arrival
Meaning: This refers to when something is expected to arrive. It could be a package coming in the mail, an order of goods in transit, or the time when a flight is scheduled to land.
Example: Can you provide an ETA on the latest shipment?
Stands for… Fiscal year
Meaning: A fiscal year is a 12-month period that businesses, organizations, and governments use for budgeting, accounting, and other financial purposes. It’s different from a regular calendar year in that it usually doesn’t run from January 1st to December 31st.
Example: Profit margins have been rising in FY 2022.
Stands for… Close of business/End of day
Meaning: These terms are used mostly interchangeably to mean the end of business hours for a company or, in financial trading contexts, when the stock exchange shuts down for the day. COB and EOD are also common times for a submission deadline.
Example: Please send me a copy of the report by COB/EOD.
Stands for… For your reference
Meaning: Closely related to FYI (for your information), FYR is used when giving someone information or a resource that they will likely benefit from referring to. In other words, it comes in handy for them.
Example: FYR, a full itinerary of the trip will be sent in advance.
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