Browse Definitions :
Definition

corporate business glossary

Contributor(s): Matthew Haughn

A corporate business glossary is a collection of terms commonly used within a business, along with standard definitions specific to the industry and organization.

Pinning down the meanings of terms within the organization helps to clarify communications involving topics that employees discuss most and minimizes the risk of misinterpretation and error. Clearer information and the ability to link terms to company assets promotes a sharing and collaborative environment, enables better data governance and better supports regulatory compliance efforts with business standards such as Basel II.

With consensus on how terms are used, the standardized terms and definitions also facilitate access to comprehensively categorized bodies of information. A corporate business glossary makes it possible to share new findings where needed and to search existing knowledge more effectively through tagging. Reliably finding information on a topic helps ensure that the best data and assets are available and used consistently.

Beyond tagging and reference, terms are often linked within documents for quick reference. Linking terms to assets makes it possible to click through to the project teams working on related projects. That interdepartmental transparency improves accountability and enables quick contact to inquire about specific projects. Glossaries support the annotations and notes of teams, improving communication between team members and promoting better productivity and innovation.

This was last updated in October 2017

Continue Reading About corporate business glossary

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

File Extensions and File Formats

SearchCompliance

  • risk management

    Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings.

  • compliance as a service (CaaS)

    Compliance as a Service (CaaS) is a cloud service service level agreement (SLA) that specified how a managed service provider (...

  • data protection impact assessment (DPIA)

    A data protection impact assessment (DPIA) is a process designed to help organizations determine how data processing systems, ...

SearchSecurity

  • Port Scan

    A port scan is a series of messages sent by someone attempting to break into a computer to learn which computer network services ...

  • DMZ (networking)

    In computer networks, a DMZ (demilitarized zone), also sometimes known as a perimeter network or a screened subnetwork, is a ...

  • quantum supremacy

    Quantum supremacy is the experimental demonstration of a quantum computer's dominance and advantage over classic computers by ...

SearchHealthIT

SearchDisasterRecovery

  • business continuity plan (BCP)

    A business continuity plan (BCP) is a document that consists of the critical information an organization needs to continue ...

  • disaster recovery team

    A disaster recovery team is a group of individuals focused on planning, implementing, maintaining, auditing and testing an ...

  • cloud insurance

    Cloud insurance is any type of financial or data protection obtained by a cloud service provider. 

SearchStorage

Close