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 SHRM Home > Knowledge Center

BUSINESS LITERACY GLOSSARY OF TERMS

The following glossary consists of commonly used terms and definitions that are significant to the business function. Every effort will be made to continuously monitor and update the glossary to ensure that new business terms are incorporated as they emerge.

This glossary is not meant to be an all-inclusive listing of business terminology, only a listing of most commonly used terms. A more comprehensive guide, titled The Human Resources Glossary, 3rd Edition, by William R. Tracey, Ed.D., is available for purchase at the SHRM Store. An additional guide, titled Business. The Ultimate Resource, is available from Perseus Publishing.

We invite you to submit any term(s) that should be added to the glossary along with a working definition to Naomi Cossack, Content Manager, for placement consideration.

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