As we start celebrating the 100th anniversary of the Goizueta Business School, the business librarians thought it might be fun to explore the evolution of business terminology between 1919 and 2019. So each month we will post a blog identifying business words and concepts that were captured in the Merriam-Webster Dictionary for the decades that GBS has been in operation. Here is our first entry, business-speak from 1919-1928!
1919 Not-for-profit / Time series
1920 Federal Reserve Board / Flowchart / Inflationary / Marketing research / Market research
1921 Biotechnology / Capital gain / Over-the-counter (OTC) / Workflow
1922 Actual cash value / Brand name / Dow Jones average / Pie chart
1923 Direct mail / Gross national product / Mass medium / Mass produce / Tax exempt / Subindex / Unemployment insurance
1924 Answering machine / Federal funds / Finance company / Multiple regression / Prime rate
1925 Assembly line / Consumer credit / Scatter diagram / Supercompetitive / Workers’ compensation
1926 Algorithm / Down payment / Downturn / Intracompany / Tagline
1927 Infrastructure / Price support / Risk capital / Shelf life
1928 Estate tax / Factor analysis / Multistate / Severance tax