You’ve launched a business and heaps of information is coming at you fast and furious. Among all the new things you’re learning, you may be hearing jargon, phrases, and terms that don’t sound familiar. We’re here to help. Below are common business-related terms with plain language definitions you can easily process. So, feel free to go ahead and impress everyone at your next meeting with your extensive new vocabulary! 


AB
AttritionBiweekly Pay
At-Will Employment
CD
CompensationDirect Report
EF
Earned Income CreditFederal ID Number
Employee TurnoverFederal Income Tax
Employer Payroll TaxesForm 147C
Form 940
Form 1042-S
Form 1099-SA
Form 1120-S
Form 2553
Form 5498-SA
Form 8832
Fringe Benefits
FTE
GH
GlossaryHMO
Gross IncomeHR
HRIS
HR Software
MN
Nepotism
Net Pay
OP
PEO
Back to top