Slang Legal Entity

Legal Entity

Abbreviated as LE by ABBREVIATIONFINDER.ORG, legal entity is an entity formed by individuals and recognized by the State as having rights and duties. The term can refer to companies, governments, organizations or any group created for a specific purpose. Even though it is formed by one or more individuals, who are responsible for the created entity, the juridical person, in English, has an independent and differentiated legal personality in relation…

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Slang Graphical User Interface (GUI)

Graphical User Interface

According to ABBREVIATIONFINDER.ORG, GUI is an acronym for Graphical User Interface. The graphical user interface is a program or environment that manages the interaction with the user based on visual relationships such as icons, menus or a pointer. Brief history of GUI The origin of the GUI could be said to have taken place thanks to the theories of Vannevar Bush. In 1945 he published his now famous article “How…

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Slang AFC

Asian Football Confederation AFC

AFC: Asian Football Confederation Confederation Asian Football Association (AFC, for its acronym in English according to ABBREVIATIONFINDER.ORG). One of the six continental confederations of FIFA, the governing body of Asian football. AFC has 46 member associations and they represent more than half of the world’s population. In fact, only India and China have more than 2.5 million people. The AFC is responsible for the management of soccer in Asia. Among his various…

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Slang OFC

Oceania Football Confederation OFC

Oceania Football Confederation (OFC, for its acronym in English according to ABBREVIATIONFINDER.ORG). One of FIFA’s six continental confederations, made up of Papua New Guinea, New Zealand and island nations such as Tonga, Fiji and other Pacific island nations. It promotes the game in Oceania and allows member nations to qualify for the FIFA World Cup, even though it is the only federation without direct quota to it. Of the six confederations…

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Slang Organization for Security and Co-operation in Europe

OSCE - Organization for Security and Co-operation in Europe

OSCE: Organization for Security and Co-operation in Europe Known as on ABBREVIATIONFINDER.ORG, the OSCE has its origins in the situation of the 1950’s, when Europe was divided into an Eastern bloc, dominated by the Soviet Union, and a Western bloc, dominated by the United States. After the end of World War II, no formal peace treaty had ever been signed confirming the new borders in Europe. The Soviet Union, which through…

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Slang OSCE

Organization for Security and Co-operation in Europe

The OSCE (which stands for Organization for Security and Co-operation in Europe by ABBREVIATIONFINDER.ORG) aims to prevent wars between European states, promote economic co-operation and safeguard human rights, the rules of democracy and the rule of law in the member states. Introduction The Organization for Security and Co-operation in Europe (OSCE) was created once upon a time to alleviate the military tension between Eastern and Western Europe and thus prevent…

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Slang IELTS

Slang IELTS

According to ABBREVIATIONFINDER.ORG, IELTS stands for International English Language Testing System. The IELTS test tests the English skills of its candidates in the four core areas of language proficiency: listening, reading, writing and speaking. The test is taken more than two million times a year worldwide for educational and emigrant purposes. WHAT IS IELTS FOR? There are two different versions of the test: Academic and General Training. The academic training…

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Slang BA

Business Administration BA

What does “BA” mean According to abbreviationfinder, the abbreviation “BA” stands for “Business Administration”. In contrast to “Economics”, business administration deals with decisions that relate to processes in the respective company . “Economics”, on the other hand, focuses on macroeconomic processes . Based on the designation of the individual areas, their focus, “business” or “national economy”, can be clearly read. Nevertheless, there are overlaps in everyday life. Development of business…

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Slang Unfair Competition

Unfair Competition

Under unfair competition all activities are understood to contradict the principles of morality and are simply unfair and therefore prohibited. Everything you need to know about unfair competition, its forms and also the consequences, we summarize for you in this article. Definition – Unfair Competition Competition between companies is the basis of any functioning economy and a market economy basis. There are certain rules to ensure that this competition between…

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Slang VR

VR GLASSES

With VR glasses, users can experience virtual reality and enjoy 360-degree videos from a completely new perspective. “Virtual Reality” (VR) creates new possibilities, and many filmmakers, graphic designers and software developers are increasingly using 360-degree content for their new products. Virtual reality offers great potential, especially for the tourism and games industry. VR glasses users have the impression of being part of the virtual world. Many glasses use stereoscopic human…

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