What is the definition of a glossary in business context?

In a business context, a glossary is best defined as a collection of key terms relevant to a specific business domain. This provides clear definitions and explanations for terminology that may be specialized or technical, ensuring that all stakeholders—such as team members, clients, and partners—have a common understanding of the terms used within that domain. This is particularly important in environments where precise language is crucial for effective communication and collaboration, such as in project management, software development, or regulatory compliance.

By establishing a glossary, businesses facilitate clearer communication, reduce misunderstandings, and enhance the efficiency of discourse among differing parties. This resource is particularly valuable in onboarding processes, where new employees or external partners may not be familiar with the specific jargon or terminology frequently used in a particular industry or organization.

The other options relate to financial metrics, industry regulations, and training resources, but they do not encapsulate the primary purpose of a glossary, which is to define and clarify terminology rather than summarize, compile regulations, or serve solely as a training tool.