Acronym

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Acronym

An abbreviation made from the first parts (usually the first letters) of a multi-word term. Strictly speaking, acronyms form pronounceable words, such as STRIPS. Those that do not are called initialisms, such as SEC. However, the term has come to refer to all abbreviations. Acronyms are very common in business and finance, and often are used so commonly they nearly replace the original term. For example, price-earnings ratio is often shortened to P/E and a chief executive officer is usually called a CEO.
References in periodicals archive ?
The question is: What will the price be for those insurers asking to be allowed to line up at the $700 billion trough called TARE or the Troubled Asset Relief Program, for those who are acronymically challenged?
This procedure is known, in a rare instance of judicial self-criticism, as dismissing a petition as "improvidently granted" (acronymically, "DIGging a case").
They just roll off their tongues and if a member of the acronymically unaware happens to be listening in to a conversation among the cognoscenti, then they had better learn quickly or they will be lost.