Saturday, October 11, 2008

Corporate Buzzwords

I hate corporate buzzwords. Once you get into a review, it's easy to learn the industry jargon, merely from repetition. My pet peeve is "Robust" which serves only to annoy me.

It has its own definition in several industries. Particularly timely is that which is used in the financial world. According to Wikipedia:
In economics, "robustness" defines the ability of a financial trading system to remain effective under different markets and different market conditions.

Apparently, Wall Street decisions were less robust than previously believed.

The upside to the downside is that there are likely to be lawsuits as a result.

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