![]() Leverage means using an object, data, or quality to gain more control. The term can mean limiting or eliminating the physical barriers between different groups within a corporation.Įxample: "To increase our effectiveness, we're breaking down the silos and giving everyone access to important data." 2. While silos traditionally mean a storage unit for housing grain or similar commodities, in business slang, this often refers to other teams or groups. Here's a list of 17 jargon words and phrases that can be industry specific: 1. Related: What Are Some Examples of Technical Words? (By Industry) 17 examples of jargon in business While business slang is often confusing and specific to an industry or business, you can manage it once you learn the terms and use them regularly. It covers an array of words or phrases that describe how to communicate with a customer, the type of project required to complete a task, and the results employers expect from their employees. What is business jargon?īusiness jargon or lingo is the words and phrases people often use to convey different terms, activities, or directions to others in certain industries. In this article, we explain what business jargon is, provide some examples, and list 50 terms and phrases. Understanding the business slang used in your position can be important for communicating with others and doing your job more efficiently. It might be a phrase for an activity or a word to describe a specific item or task. Businesses often use industry-specific jargon or slang that they expect employees to understand.
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