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Business Glossary V2.12

The ACORD Reference Architecture provides an enterprise architecture framework for the insurance industry. It consists of business processes, standards, information models, software, and infrastructure analysis to run and operate insurance companies and applications efficiently.

The Business Glossary contains standardized, non-technical definitions of insurance concepts, such as "Beneficiary," and includes applicable synonyms, business line-specific usage, and references utilized throughout the other components. The Business Glossary's consistent terminology will help improve communication between partners and within project teams.

Version 2.12 is the most updated version of the Business Glossary. Previous versions are also available by request.

ACORD Reference Architecture components are also available to download for subscribers in the Reference Architecture area.