The use of acronyms on Askaboutmoney

Discussion in 'Suggestion box' started by Brendan Burgess, Jan 16, 2014.

  1. Brendan Burgess

    Brendan Burgess Founder

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    In this thread , the OP got replies which were incomprehensible to him as a new user.

    Looking at them in isolation, I wasn't sure what they meant either. But I had understood them in context.

    Should we ask posters to avoid such acronyms?
    Should we do a Key Post explaining commonly used acronyms?

    Or is this just a short learning curve which new members need to go through?
     
  2. vandriver

    vandriver Frequent Poster

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    As the user who deciphered them for the OP,I had to put on my thinking cap and really think of the context.I know the likes of Steve Thatcher and yourself are busy people,but yes I would be for avoiding them.(Except OP !)
     
  3. peteb

    peteb Frequent Poster

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    I would think that most people that end up coming here tend to be somewhat clueless. hence the visit so I would also think avoid acronyms.
     
  4. STEINER

    STEINER Frequent Poster

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    Provided that an acronym is explained once by a poster, then thats ok.

    I saw a post yesterday about a RIP mortgage and I hadn't a clue, I had to google it.

    eg If I posted on the Fair Deal Scheme ( FDS) or the lengthy Department of Social Protection (DSP)

    I don't like people using IMHO in my honest opinion, they could just say I think....

    Avoid text or social media stuff like ROFL or MWAH
     
  5. Brendan Burgess

    Brendan Burgess Founder

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    This is the most relevant PG

    4 Please write clearly and avoid using text speak or all capital letters
    Please take a little time to write your post carefully. Use complete sentences. Use paragraphs for longer posts. Do not use Text Speak. Internet etiquette dictates that ALL UPPERCASE TEXT is considered at best hard to read and at worst rude ("SHOUTING") so please avoid posting messages or subject lines in upper case only. If everything you type is in uppercase then make sure that your Caps Lock key is not inadvertently engaged.

    When, for example, you post "PLEASE HELP WITH MY FINANCIAL QUERY" in all upper case characters vBulletin converts it to mixed case as follows which is still difficult to read "Please Help With My Financial Query".
     
  6. SparkRite

    SparkRite Frequent Poster

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    And there was me thinking IMHO meant "in my humble opinion", ahh well you live and learn. :)
     
  7. Seagull

    Seagull Frequent Poster

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    I'm afraid I tend to read IMHO as "I'm a twat". Probably based on experiences of those who use it in speech. In my experience, it's normally along the lines of "Well in my humble opinion, rant, rant, ludicrous theory, BS, BS, waffle".
     
  8. Buddyboy

    Buddyboy Frequent Poster

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    My 2p worth is, if someone is going to use an acronym, then they should give the long-hand version first, with the acronym in brackets. Then use the acronmy from then on.
    In the post above, referencing the Fair Deal Scheme ( FDS), then it could just be referred to as the FDS from then on in the thread.

    I do think some are ubiquitous, e.g OP (Original Poster). And if someone doesn't know them, then they won't get very far on any internet forum. It's when acronyms are very specific , e.g. OR or OA, the the long form should be specified first.
     
  9. callybags

    callybags Frequent Poster

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    q.e.d.
     
  10. Brendan Burgess

    Brendan Burgess Founder

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    So I might just amend the guidelines along the following lines.

     
  11. Brendan Burgess

    Brendan Burgess Founder

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    Most common acronyms used on Askaboutmoney

    OP: Original Poster
    IMHO: In my humble opinion
    AFAIK: As far as I know
    PPR: Principal Private Residence
    BTL: Buy to Let
    RIP: Residential Investment Property
    PIA: Personal Insolvency Arrangement
    DSA: Debt Settlement Arrangement
    S/F: (Mortgage) Shortfall
    NE: Negative Equity
    FTB: First Time Buyer
    SVR: Standard Variable Rate
    LTV: Loan to Value (mortgage)
    MARP: Mortgage Arrears Resolution Process
    FSO: Financial Services Ombudsman
    PPI: Payment Protection Insurance
     
  12. Brendan Burgess

    Brendan Burgess Founder

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  13. sustanon

    sustanon Frequent Poster

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    In keeping with the nature of Askaboutmoney :)

    Acronym, you use that word, yet it doesn't mean what you think it means.. Those are abbreviations, an acronym is a pronounceable word made up of the initial letters or components of the phrase. SCUBA, NASA, LASER, NATO are acronyms.
     
  14. dub_nerd

    dub_nerd Frequent Poster

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    Hmmm ... looks like you're right. So that means that the famously self-referential one -- TLA, for Three-Letter Acronym -- isn't actually an acronym at all!
     
  15. MrEarl

    MrEarl Frequent Poster

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    ROFLMAO :D




    Absolutely Brendan.

    A key post could be updated from time to time and be helpful to us all.

    If we consider the modern world we live in where we regularly use of acronyms on other websites, in emails, on text messages and consider this in conjunction with the number of people you have on this website, it is the only way in my view.

    Oh, and .... yes, I did enjoy posting the response dub_nerd above given the subject matter being discussed on this thread (a little non offensive fun never hurt anyone ;) :))
     
  16. Brendan Burgess

    Brendan Burgess Founder

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    Very interesting, but I would have thought that Mr. and ltd. are abbreviations.

    Anyway, can you not pronounce Op or Rip or MARP? OK, it might be a bit more difficult to pronounce SF.
     
  17. mathepac

    mathepac Frequent Poster

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    I have gathered these together and sorted them in abbreviation sequence (some are acronyms some are not, IMO.)

    If this is useful, send me some more and I'll incorporate them (IIT) ;)

    AFAIK: As far as I know
    APR: Annual Percentage Rate (see EAPR below)
    BTL: Buy to Let
    DSA: Debt Settlement Arrangement
    EAPR: Effective Annual Percentage Rate (see APR above)
    FSO: Financial Services Ombudsman
    FTB: First Time Buyer
    IIRC: If I Remember Correctly
    IMHO: In my honest or humble opinion
    IMO: In My Opinion
    LTV: Loan to Value (mortgage)
    MARP: Mortgage Arrears Resolution Process
    NE: Negative Equity
    OP: Original Poster
    PIA: Personal Insolvency Arrangement
    PPI: Payment Protection Insurance
    PPR: Principal Private Residence
    RIP: Residential Investment Property
    S/F: (Mortgage) Shortfall
    SFS: Standard Financial Statement
    SVR: Standard Variable Rate
     
  18. PatMacG

    PatMacG Frequent Poster

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    Update:

    AFAIK: As far as I know
    AKA: Also Known As
    APR: Annual Percentage Rate (see EAPR below)
    BTL: Buy to Let
    DSA: Debt Settlement Arrangement
    EAPR: Effective Annual Percentage Rate (see APR above)
    FSO: Financial Services Ombudsman
    FTB: First Time Buyer
    HTH: Hope That Helps
    IIRC: If I Remember Correctly
    IME: In My Experience
    IMHO: In my honest or humble opinion
    IMO: In My Opinion
    LTV: Loan to Value (mortgage)
    MARP: Mortgage Arrears Resolution Process
    MIS: Mortgage Interest Supplement
    NE: Negative Equity
    NPPR: Non-principal Private Residence
    OP: Original Poster
    PIA: Personal Insolvency Arrangement
    PPI: Payment Protection Insurance
    PPR: Principal Private Residence
    RA: Rent Allowance
    RIP: Residential Investment Property
    ROTR: Rules Of The Road
    RTFM: Read The Flipping Manual
    S/F: (Mortgage) Shortfall
    SFS: Standard Financial Statement
    SVR: Standard Variable Rate
    TIA: Thanks In Anticipation
     
  19. Padraigb

    Padraigb Frequent Poster

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    Add:
    RA: Rent Allowance
    NPPR: Non-principal Private Residence
    TIA: Thanks In Anticipation

    And don't call them acronyms or abbreviations: they are initialisms.
     
  20. Dearg Doom

    Dearg Doom Frequent Poster

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    <Way off topic>

    Is an initialism not particular type of acronym, which in turn is a particular type of abbreviation - so they are in fact all three?

    SVR - Standard Variable Rate - An initialism, initial letters only
    SONAR - SOund Navigation and Ranging - An acronym, initials or parts of the phrase
    Abbr - ABBReviation -An abbreviation
    Dr - DoctoR - A contraction

    </Way off topic>