VOLCOM stands for the name of Clothing Company in Costa Mesa, California whose visionaries Richard “Wooly” Woolcott and Tucker “T-Dawg” Hall formed it in 1991. The company was officially renamed Volcom Incorporated in 2005. The idea for the company’s clothing line came from its founders’ exposure to the field of sports, so Volcom targets the [...]
Archive for the ‘Business’ Category
What does AIG stand for?
Posted by admin on February 6th, 2012
The acronym AIG stands for American International Group. It is an insurance corporation located in America with its corporate head quarters in the New York City. AIG was established in 1919 by Cornelius Vander Starr in Shanghai China. Starr was the first Westerner to sell insurance to Chinese which he continued until he relocated AIG [...]
What does LLP stand for?
Posted by admin on February 2nd, 2012
LLP stands for Limited Liability Partnership. This is a partnership whereby some or all partners have limited liability, depending on the jurisdiction. In an LLP one partner is not liable or responsible for another partner’s negligence or misconduct. This is what distinguishes it from a limited partnership. Some partners in an LLP have a form [...]
What does NYSE stand for?
Posted by admin on January 27th, 2012
NYSE is the acronym for the New York Stock Exchange. The New York Stock Exchange originated in 1792 from the Buttonwood Agreement which was signed by twenty four (24) New York City merchants and stockbrokers. The agreement saw to the unswerving and unfailing commitment of the New York Stock Exchange to issuers and investors. The [...]
What does Swift stand for?
Posted by admin on January 26th, 2012
The acronym S.W.I.F.T stands for Society for World Interbank Financial Telecommunication. SWIFT is a non-profit messaging service-type organization with its headquarters located in Belgium. One can find SWIFT offices in the developing markets and the world’s major financial centres. SWIFT is member owned and its membership consists of financial institutions. Origin The origin of SWIFT [...]
What does DC Shoes stand for?
Posted by admin on January 21st, 2012
DC Shoes is an American company that specializes in extreme sports footwear. These various types of footwear include BMX, skateboarding, rally car racing, surfing and motocross. Hats, jeans, jackets, snowboards and shirts are also included in the specialization. DC Shoes was established in 1993 with its base in California. Originally, DC meant ‘Droors City Footwear,’ [...]
What does MSFT stand for?
Posted by admin on January 16th, 2012
MSFT represents Microsoft Corporation. It is a multinational computer technology corporation that extends licenses, supports and makes a wide variety of software products for computing devices. The Microsoft Corporation has its headquarters in Washington USA and it most lucrative products are the Microsoft Office and Microsoft Windows operating system collection of productivity software. In 1975 [...]
Posted in Business, Computer terms, Technology/Science 
Tags: Microsoft Corporation, MSFT 
No Comments »What does Fannie Mae stand for?
Posted by admin on January 15th, 2012
Fannie Mae stands for Federal National Mortgage Association. Fannie Mae is a government sponsored enterprise contracted by the United States Congress. As such Fannie Mae’s mission is to supply affordability, liquidity and stability to the United States’ housing and mortgage markets. Fannie Mae functions in the United States secondary mortgage market. The association works with [...]
What does KTM stand for?
Posted by admin on January 13th, 2012
KTM represents KTM Sport motor cycle AG an Austrian motorcycle maker. The company was inducted by engineer Hans Trunkenpolz in 1934. It commenced as a metal working shop and began making motorcycles in 1954. Albeit KTM is largely known for off road motorcycles it has in recent years broadened its delivery into street motorcycle manufacture. [...]
Posted in Business, Sport Tags: Austrian motorcycle maker, KTM, KTM Sport motor cycle AG No Comments »What does NASCAR stand for?
Posted by admin on January 7th, 2012
NASCAR stands for National Association for Stock Car Auto Racing. NASCAR is a family-owned and operated business venture that administers and authorizes numerous auto racing sports events. Bill France Snr. Founded the association in 1947-48. Since the start of 2009, the CEO for the company is the grandson of the late Bill France Sr., Brian [...]
Posted in Business, Miscellaneous, Sport Tags: NASCAR, National Association for Stock Car Auto Racing No Comments »
