Business Terms and Jargon Explained
What is Au fait
This term au fait is used to see if someone is familiar with a topic or is aware of some knowledge or event and is current or up-to-date. E.g. “Are you on top of things with the present tax rate changes within the UK budget this year”. This question is asking if the person knows of the budget changes to tax rates this year or is aware that there was any tax rate changes.
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Term created / updated 2021-02-28 17:30:11
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.
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