Networking

Accounting and Financial Women's Alliance (AFWA)
The Accounting and Financial Women's Alliance (AFWA) is a U.S. organization focused on promoting the career advancement of women in accounting and related fields through education, networking, and publicity.
America Online (AOL)
America Online (AOL) is a pioneering commercial online service that has served as an entry point to the Internet for millions of home and business customers.
American Marketing Association (AMA)
The American Marketing Association (AMA) is a national professional society comprised of marketing and marketing research executives, sales and promotion managers, advertising specialists, and marketing teachers. Based in Chicago, the AMA provides a wealth of resources including publications like Marketing News, the Journal of Marketing, and the Journal of Marketing Research.
Asynchronous
Processes that are not synchronized, allowing for actions to happen independently at different times. Frequently used in computing and networking to refer to data transmission where operations occur independently.
Bits Per Second (BPS)
Bits per second (BPS) is a measure of data transmission speed in digital communication systems, indicating how many bits of data are conveyed per second.
Business Gift
A business gift refers to a present provided by a business to its clients, partners, or employees as part of its promotional, networking, or goodwill strategies. The IRS limits the tax deduction for business gifts to $25 per recipient per year.
Client-Server Model
A configuration in which one computer, designated as a server, sends information to a number of other 'client' computers.
Colleague
A colleague is a fellow member of a profession, association, occupation, or organization, essential for mutual consultations, discussions, and often friendship.
Computer Network
A computer network is a set of computers connected together for the purpose of sharing resources. Networks are commonly categorized based on their scale, including Local Area Network (LAN), Wide Area Network (WAN), and others.
Data Communication
Data Communication refers to the exchange of data between two or more connected computers or devices. It involves the transfer of data from one point to another over a network, ensuring accurate and instant information dissemination.
Employee Association
A professional organization of employees that focuses on fostering professional growth, networking, and advocacy without engaging in union-like activities.
Ethernet
Ethernet is a standard method of connecting computers to a Local Area Network (LAN) primarily using coaxial cable, but also other forms of cabling and link media.
Fiber Optics
Fiber optics are tiny cylindrical strands of glass or plastic used for data transmission. They carry light rather than electrical energy, enabling vast data transfer with minimal interference.
Full Duplex
In computer usage, full duplex refers to the transmission of data in two directions simultaneously, allowing for more efficient communication.
Half Duplex
In telecommunications, half duplex is a mode of transmission wherein data can be sent in only one direction at a time. This means that at any given moment, a device can either transmit or receive data, but it cannot do both simultaneously.
Institute of Directors (IoD)
A nonpolitical organization founded in London in 1903, the Institute of Directors (IoD) supports business leaders by providing information, training, networking opportunities, and representing their interests to the government.
Internet Address
An Internet address is a locator for an object accessible on the Internet, such as a website, an email address, or an IP address, helping in identifying devices, resources, and services.
Internet Service Provider (ISP)
An Internet Service Provider (ISP) is a company or organization that offers services for accessing, using, or participating in the Internet.
IP Address
An Internet Protocol (IP) address is a unique identifier assigned to each machine connected to a network, enabling the identification and communication over the Internet.
Local Area Network (LAN)
A Local Area Network (LAN) refers to a system that connects computers and other devices within a relatively small and specific area, typically a single building or campus, enabling the sharing of resources and information quickly and efficiently.
Local Area Network (LAN)
A Local Area Network (LAN) is a network of computers and associated devices linked together within a limited area or a common environment, such as an office building or a home.
National Society of Accountants (NSA)
The National Society of Accountants (NSA) is a professional association in the USA for accountants and tax practitioners, offering resources, networking opportunities, and professional development since 1945.
Networking
Networking refers to the act of establishing and utilizing professional or social contacts for fulfilling various personal or business needs. This can involve electronic communication, broadcasting, or computer systems.
Nodes
Nodes, or individual workstations, in Local Area Networks (LANs) or Wide Area Networks (WANs), interconnected through various types of cabling or telecommunications systems.
Packet
A packet is a unit of data sent across a network. When a large block of data is to be sent over a network, it is broken up into several packets, which are then sent separately and reassembled at the destination.
Point-to-Point Protocol (PPP)
Point-to-Point Protocol (PPP) is a data link layer communication protocol used to establish a direct connection between two networking nodes, allowing the transmission of multi-protocol datagrams over various physical layers such as dial-up and leased-line connections.
Professional Association
A Professional Association refers to a formal organization of professionals within a specific industry or profession, typically designed to provide networking opportunities, continuing education, and policy advocacy. This organization is crucial for maintaining standards, ethics, and ongoing professional development within various fields such as law, medicine, accounting, and engineering.
Rainmaker
Individual who brings significant amounts of new business to a company, such as a law or accounting firm.
Rapport
Rapport refers to an environment of harmony, consonance, agreement, or accord achieved through activities that encourage mutual understanding and trust. It is especially critical in business relationships where effective communication and positive interactions are key to success.
Referral
A referral is a formal recommendation by one person to another, advising the use of a particular person, company, or service for specific needs. The term is commonly used in diverse professional contexts, such as business, healthcare, and employment.
Router
A network component that intelligently joins several networks together. Often used to link an incoming DSL or cable modem connection to a home network, both wired and wireless.
Systems Network Architecture (SNA)
Systems Network Architecture (SNA) is a proprietary networking architecture created by IBM, primarily used for IBM's mainframe and midrange computer systems.
T1 Line
A T1 Line is a special type of telephone line used exclusively for digital communication, offering a maximum data rate of 1.544 million bits per second. It is known for its speed and reliability, especially when compared to traditional dial-up connections.
Universal Resource Locator (URL)
A Universal Resource Locator, commonly referred to as URL, is a reference to a web resource that specifies its location on a computer network and a mechanism for retrieving it.
Usenet Newsgroups
Usenet Newsgroups are collections of messages and files shared among users within the Internet-based system of Usenet, serving various interests and topics. They are categorized and accessible through newsreader software.
Web Server
A web server is a computer that is connected to the Internet and contains web pages (HTML files) that can be viewed using a web browser.
Wide Area Network (WAN)
A Wide Area Network (WAN) is a telecommunications network that extends over a large geographical area for the primary purpose of computer networking. This type of network connects individual and organizational workstations that are located far apart, such as in different states, countries, or continents.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.