BUSINESS ACRONYMS | Part 1

teller = a person employed to deal with customers' transactions in a bank

attention => interest => desire => action = the steps that a prospective customer goes through before deciding to buy a product or service barrel = a measure of capacity used for oil and beer, roughly 159 litres chartered accountant = an accountant with the specific professionally accreditation of 'chartered status'. They have studied accounting to a high level and have gained professional experience in the industry freight = goods transported in bulk by truck, train, ship, or aircraft CPI = a measure of the average change overtime in the prices paid by urban consumers for a market basket of consumer goods and services Dow Jones = an index that helps investors determine the overall direction of stock prices COD = a type of transaction where the recipient pays for a good at the time of delivery rather than using credit