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Business jargon explained clearly and to the point. Examples are used were appropriate. We appreciate that some terms have different meanings in different industries and we will be glad to add your industry explanation. When you have a suggestion, you can tell us via our Contact form. This business dictionary includes clear definitions from us or we use the official definition and explanation.

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See jargon in company formation section for company terms. See legal documents for explanation of different contracts and agreements.


 

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Sample of Business Terms

Common Position - EU :-

A common position is the agreed outcome of the first reading by the Council of a proposal for legislation. The common position can then be transferred to the European Parliament for it to debate in its second reading. Alternatively, a common position can be used to ask the Commission to rethink a proposal.

Crown Copyright. Material taken from the DTI - Department for Trade and Industry. Reproduced under the terms and conditions of the Click-Use Licence.


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