What are the various purposes of Abbreviations-01506
This subjective question is related to the book/course
vu fin621 Financial Statement Analysis.
It can also be found in
vu fin621 Mid Term Solved Past Paper No. 2.
The shortening of words and phrases (kilogram to kg, Imperial Chemical Industries to ICI) and a result of such are shortening (MA for Master of Arts, sitcom for situation comedy).
For the purpose of taking notes, a student should feel free to create his own abbreviations, provided he can remember later what the abbreviation stood for.
Providing summary information abbreviations usually need to be concise, convenient, and easy to remember, they do not need to be fully understood to serve their purpose.
People literate in English can work successfully with such formulas as e.g. and q.v. whether or not they know their full Latin forms exempli gratia (for the sake of example) and quod vide (which see).
The more familiar and successful the short form, the less need for the full form, which may in course of time be forgotten.
The full forms of mob (Latin mobile vulgus the fickle crowd) and radar (radio detection and ranging) have no functional value in the 1990s, and many are entirely unaware that these words are (or were) abbreviations.
The members of organizations usually have little difficulty with the abbreviations they use, because of sheer familiarity, but people who are not part of the in-group may regard their use as (sometimes frustrating and provocative) jargon.
