Welcome To OfficeDictionary

A crowdsourced bizspeak dictionary that includes all the business terms, acronyms, and slang used in the workplace.

Is Finance A Good Career Path?

Is finance a good career path for an MBA? Finance is one of the most popular destinations for MBAs coming out of business school—but is it a suitable career path for every MBA?

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Is Energy A Good Career Path?

There are many paths you can take when it comes to a career in energy, and it depends on what you’re interested in and what you want to do. There are many different

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Recently Added Terms

Social Accounting

Social accounting is the process of accounting for the social and environmental impacts of an organization’s activities. It goes beyond traditional fina…

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Planning Fallacy

The Planning Fallacy is a cognitive bias that causes people to underestimate the time, costs, and risks associated with a future project, while overesti…

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Planning Management

Planning management is the process of organizing and executing a plan. This includes setting goals, designing a course of action, and then executing and…

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Phd In Management

A PhD in management is a research-based degree that prepares students for careers in academia or research. The program typically takes four to five year…

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Pointy-Haired Boss

The Pointy-Haired Boss is a management technique that involves giving employees clear and concise instructions, then letting them work independently to …

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Operations Research

Operations research, or management science, is a discipline that deals with the application of analytical methods to help make better decisions. In busi…

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Office Management

Office management refers to the process of organizing and controlling the operations of an office. This includes tasks such as handling customer inquiri…

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News Management

News management is the process of curating, organizing, and presenting news content. This can be done through a variety of methods, including but not li…

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Midsourcing

Midsourcing is the process of partnering with a company that specializes in providing middle management services. This can be an especially valuable arr…

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Middle Management

Middle management is the layer of management between the upper management and lower management. Middle management is responsible for carrying out the di…

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Military Management

Military management is the process of managing military personnel, equipment and resources in an efficient and effective manner. The goal of military ma…

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Micromanagement

Micromanagement is a management style where managers closely control and monitor employee work. This typically involves close supervision, frequent chec…

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Bond Convexity

Bond convexity is a measure of the curvature of a bond’s price-yield relation. Convexity is used in the valuation of bonds, to approximate the change in…

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Bond

A bond is a debt security in which the issuer owes the holders a debt and is obliged to pay them interest (coupons) or to repay the principal at a later…

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Bias Ratio

The bias ratio is a statistical tool used to help finance professionals make more informed investment decisions. It measures the amount of risk associat…

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Boiler Insurance

Boiler insurance is a type of home insurance that covers the cost of repairing or replacing your boiler in the event that it breaks down. It typically c…

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Best Execution

Best Execution is the process of executing a financial transaction in a manner that results in the most favorable price for the customer. In order to ac…

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Black Monday

Black Monday is a term that refers to the stock market crash of October 19, 1987. It is considered one of the worst stock market crashes in history. Man…

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Binary Option

A binary option is a type of Option where the payoff is either some fixed amount of some asset or nothing at all. The two main types of binary options a…

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Bermudan Option

A Bermudan option is an exotic type of options contract that allows the holder to exercise the option at certain predetermined dates. The name “Bermudan…

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Benchmark

A benchmark is a point of reference against which the performance of an investment or fund manager can be measured. In finance, benchmarks are usually i…

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Bear Market Rally

A bear market rally is when the stock market experiences a temporary rebound after a prolonged period of decline. This typically happens after investors…

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