Full form: Reimbursement Meaning: “the amount that is paid back.”Common Abbreviations: Reimb. Reimbursement – Meaning & Definition The most common abbreviation for reimbursement is “Reimb.” for example, Expense Reimb. or Reimb. Form. The word reimbursement refers to the act of paying someone back for money they have spent or lost, typically covering business expenses, travel costs, medical […]

Full form: ProductionMeaning: “the action of making or manufacturing from components or raw materials, or the process of being so manufactured.”Common Abbreviations: Prod. Production The most common abbreviation for production is “Prod.” for example, Prod. Manager or Prod. Schedule. The word production refers to the process of making, manufacturing, or creating goods, as well as the act […]

Full form: QuarterMeaning: “each of four equal or corresponding parts into which something is or can be divided.”Common Abbreviations: Qr., QTR Quarter – Meaning & Definition This particular word is used as a noun within sentences. The Merriam-Webster Dictionary defines quarter as one of four equal parts of something; or a unit of something (such as weight […]

The most common abbreviation for private is “Pvt.” for example, Pvt. Ltd. or Pvt. John Smith. The word private has two main senses: as an adjective it means something belonging to or intended for a particular person or group rather than the public (as in private property or private company); as a noun it refers […]

Full form: ReceivedMeaning: “widely accepted as authoritative or true.”Common Abbreviations: Rec., Rcv., Recv., Rec’d. Received – Meaning & Definition The most common abbreviation for “Received” is “Recd.” or “Rec’d”, widely used in accounting, invoices, and shipping records for example, Payment Rec’d or Goods Recd. The word “Received” is the past tense of “receive,” meaning to have been given, accepted, […]