Introducing Compli’s Glossary of Compliance Terms
Let’s face it: workforce compliance is kind of a jargon factory. This is especially true for anyone in a highly regulated industry, such as consumer lending, automobile sales, or trucking.
For instance, do you know what Regulation E, M, and Z cover? Or the difference between restitution, reciprocity, retaliation, and quid pro quo? How about FCRA, FLSA, and FMLA?
Do you ever get ECOA confused with ERISA? Not sure what counts as a UDAAP? Wondering if your deal jacket includes a Form 8300, or if your PIP isn’t biased toward whistleblowers?
Are your fixed operations a good candidate for business process automation? What are protected classes, and does your anti-harassment program effectively address implicit bias against them? And who are Gramm, Leach, Bliley, Magnuson, and Moss?
If these questions are sending your brain spinning, giving you acid reflux, or bringing back memories of standardized testing, we’ve got something that will help. Check out the new Glossary of Terms.
With new technologies, trends, and state and federal rules introduced every day, the world is becoming a veritable alphabet soup of acronyms, abbreviations, and argot. We know that even the most seasoned industry professionals can have a hard time keeping up. So, we’ve compiled this resource to help you decipher all of the letters thrown your way.
See a blue link on a page?
Hover over it for a quick definition.
On our Glossary page, you’ll find short, easy-to-understand definitions of dozens of key compliance terms. You can sort terms by industry, as well as by compliance initiative. Or, you can simply browse through and familiarize yourself with valuable regulatory and legal lingo at your own pace.
Check it out here.
But you don’t even have to go that far to become a workforce compliance expert. In case you haven’t noticed, we’ve added the Glossary’s functionality throughout our site and blog—so if you ever see a term you don’t recognize, simply hover over it for a quick definition.
Happy learning! Now, off to lunch—I’m suddenly hungry for some alphabet soup…