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Glossary

Business glossary

The organization's agreed vocabulary: business terms, their definitions, synonyms and relationships.

Also called: glossary

draft v1 Updated 2026-10-07 personalbusinessenterprise

A business glossary holds the words the business uses and what each one means, independent of any system. It is where "Customer", "Active Account" and "Outstanding Balance" get one agreed definition each, with synonyms and relationships between terms.

Example: Outstanding Balance: unpaid principal owed as of a date. Synonyms: UPB, principal balance.

Not to be confused with a data dictionary (one system's columns) or a data catalog (the inventory of everything).