boarding

Definition

In fintech and hospitality, the process of onboarding someone into a financial service or accommodation by providing meals and lodging. It's the careful dance of getting customers to commit their money and wallets to your platform before they realize the terms are ridiculous.

Example Usage

Our boarding process takes 15 minutes, which is 14 minutes faster than reading the actual fine print.

Source: Finance and hospitality terminology

Related Terms

Intermediate

weakening

The gradual loss of strength, position, or market dominance; what happens when your competitive advantage slowly evaporates like morning dew under a stronger competitor's heat lamp.

💰 Finance / Accounting

Beginner

Unearned Revenue

Another term for deferred revenue—cash received for work not yet performed, sitting on the balance sheet as a liability. It's having money in hand while owing labor, the service industry's constant state.

💰 Finance / Accounting

Intermediate

days sales outstanding

The average number of days it takes to collect payment after a sale, abbreviated as DSO. It measures how long customers ignore your invoices before grudgingly paying—lower is better unless you enjoy running a free lending operation.

💰 Finance / Accounting

Beginner

expense

Money that exits your bank account faster than your ability to justify why you needed it in the first place. In business contexts, it's the art of categorizing spending so the tax man won't cry, and in personal finance, it's the stuff that makes you wonder where your paycheck went. Track them obsessively or live in blissful ignorance—there is no middle ground.

💰 Finance / Accounting

Advanced

transfer pricing

The prices charged between subsidiaries of the same multinational corporation for goods or services, theoretically based on arm's-length principles but conveniently used to shift profits to low-tax jurisdictions. Tax authorities are not amused.

💰 Finance / Accounting

Beginner

Vertical Analysis

Expressing each financial statement line item as a percentage of a base figure, like revenue or total assets. It's financial statements in relative terms, making it easier to spot when expenses are getting out of hand.

💰 Finance / Accounting

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See “boarding” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.

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