Resize text: Larger Smaller Reset

Tools

Paper-initiated payment instrument

A lexicon of executive lingo, by Tony Thorne

Share
this article


Continuing the noble tradition of silly/pretentious/potentially misleading euphemisms (parodied by terms such as 'carbon-based error' for human blunder), this latest example was nominated by business:life reader Rob Allen. The UK Payments Council had been pressing for some time for the abolition of cheques by 2018.

In a series of statements containing multiple uses of the word robust, it declared that "a paper-based option would be a necessary alternative" and that "until we have in place a paper-based solution that has the flexibility and ease of use of cheques" its mission would not be concluded.

When a bemused public pointed out that its proposed replacement — the paper-initiated payment instrument — was to all intents and purposes a cheque, the Council caved in and indefinitely shelved its plans. (But not before congratulating itself: "We are well placed to respond to stakeholder needs and will not flinch from taking a difficult decision 
if it is the right decision.")

Send buzzwords, jargon and new and exotic usages to tony.thorne@kcl.ac.uk

Tony Thorne

Tags

bizwords, jargon
blog comments powered by Disqus

British Airways on Twitter

Subscribe to RSS feed

Sharpen your business skills with advice from the experts

Subscribe

Book Travel

Find great value flights, hotels and car hire or check-in online and manage your booking at ba.com

Visit ba.com