Business Acronyms

Created on 8/9/24.

ASAI

Advertising Standards Authority for Ireland

ATM

Automated Teller Machine

CAD

Computer Aided Design

CAI

Consumers Association of Ireland

CCPC

Competition Consumer Protection Commission

GDPR

General Data Protection Regulation

HRM

Human Resource Management

ICT

Information and Communications Technology

IBEC

Irish Business and Employers Confederation

ISME

Irish Small and Medium Enterprises

PLC

Public Limited Company

PPSN

Personal Public Service Number

SMART

Specific, Measurable, Achievable, Relevant and Time-bound

WRC

Workplace Relations Commission

WTO

World Trade Organisation

AGM

Annual General Meeting

AOB

Any Other Business

APR

Annual Percentage Rate

BEP

The Breakeven Point

BIK

Benefit-In-Kind

BOP

Balance of Payments

BOT

Balance of Trade

CAP

Common Agricultural Policy

CAT

Capital Acquisitions Tax

CEO

Chief Executive Officer

CFF

Cash Flow Forecast

CFP

Common Fisheries Policy

CGT

Capital Gains Tax

CPI

Consumer Price Index

CRO

Companies Registration Office

CSR

Corporate Social Responsibility

DIRT

Deposit Interest Retention Tax

ECB

European Central Bank

EDI

Electronic Data Interchange

EFTPOS

Electronic Funds Transfer at Point of Sale

EGM

Extraordinary General Meeting

EIB

European Investment Bank

EMU

European Monetary Union

EPA

Environmental Protection Agency

ERDF

European Regional Development Fund

FDI

Foreign Direct Investment

FSPO

Financial Services and Pension Ombudsman

GDP

Gross Domestic Product

GNP

Gross National Product

ICTU

Irish Congress of Trade Unions

IDA

Industrial Development Authority

IFA

Irish Farmers Association

INMO

Irish Nurses and Midwives Organisation

INO

Irish Nurses Organisation

ISO

International Standards Organisation

JIT

Just-In-Time

JLC

Joint Labour Committee

LEO

Local Enterprise Office

MD

Managing Director

MEP

Member of the European Parliament

MNC

Multi-National Corporation

NAFTA

North American Free Trade Agreement

PAYE

Pay As You Earn

PR

Public Relations

PRO

Public Relations Officer

PRSI

Pay Related Social Insurance

R&D

Research and Development

ROCE

Return On Capital Employed

ROI

Return On Investment

SEM

Single European Market

SIPTU

Services, Industrial, Professional and Technological Union

SWOT

Strengths, Weaknesses, Opportunities, Threats

TNC

Trans-National Company

TQM

Total Quality Management

USC

Universal Social Charge

USP

Unique Selling Point

VAT

Value Added Tax