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Leaving certificate higher level business abbreviations 2024/2025
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AGM
Annual general meeting
AOB
Any other business
ASAI
Advertising Standards Authority for Ireland
APR
Annual percentage rate
ATM
Automated teller machine
APC
Area partnership company
ASTI
Association of secondary teachers of Ireland
BIK
Benefit in kind
BEP
Break even point
BES
Business expansion scheme
BOP
Balance of payments
BOT
Balance of trade
CAP
Common agricultural policy
CFP
Common fisheries policy
CIM
Computer integrated manufacturing
CAM
Computer aided manufacturing
CAD
Computer aided design
CAT
Capital acquisitions tax
CGT
Capital gains tax
CCPC
Competition and consumer protection commission
CEB
County enterprise board
CEO
Chief executive officer
CFF
Cash flow forecast
CRO
Companies registration office
CSO
Central statistics office
CPI
Consumer price index
CV
Curriculum vitae
CAI
Consumers’ association of Ireland
COD
Cash on delivery
DAC
Designated activity company
DIRT
Deposit interest retention tax
DD
Direct debit
DEI
Director of equality investigations
DOCA
Director of consumer affairs
ECB
European central bank
ECJ
European court of justice
ESCB
European system of central banks
EDI
Electronic data interchange
EGM
Extraordinary general meeting
EFF
European fisheries fund
EIA
Environmental impact assessment
EMU
Economic and monetary union
EU
European union
EI
Enterprise Ireland
EAT
Employment appeals tribunal
EA
Equality authority
EPA
Environmental protection agency
ERO
Employment regulation order
EPOS
Electronic point of sale
ERDF
European regional development fund
ESF
European social fund
FC
Fixed costs
FDI
Foreign direct investment
FIFO
First in first out
GDP
Gross domestic product
GDPR
General data protection regulation
GNP
Gross national product
GNI
Gross national income
HP
Hire purchase
HRM
Human resource management
HSA
Health and safety authority
IDA
Industrial development authority
IG
Interest group
(I)SME
(Irish) small and medium enterprises
IBEC
Irish business and employers confederation
IFSC
International financial and services centre
ICTU
Irish congress of trade unions
ISDN
Integrated services digital network
IT
Information technology
ICT
Information and communication technology
IMI
Irish management institute
ITAA
Irish travel agents association
IFA
Irish farmers association
IRO
Industrial relations officer
ISO
International standards organisation
JIT
Just in time
JLC
Joint labour committee
JIC
Joint industrial councils
LC
Labour court
LAN
Local area network
LIFO
Last in first out
LRC
Labour relations commission
Ltd
Private limited company (limited by shares)
MD
Managing director
MBO
Management buy out
MEP
Member of European parliament
MNC
Multinational company
NAFTA
North American free trade agreement
NAMA
National assets management agency
P&L
Profit and loss account
PAYE
Pay as you earn
PRSA
Personal retirement savings account
PR
Public relations
PRO
Public relations officer
PA
Personal assistant
PRSI
Pay related social insurance
PPSN
Personal public service number
PLC
Public limited company
PIN
Personal identification number
PC
Personal computer