majandustermin

Majandustermin is an Estonian term used to designate a word or phrase belonging to the specialized vocabulary of economics. It refers to terms that name economic concepts, measures, policies, and institutions, and it is a central part of the economic lexicon in the Estonian language.

Etymology and scope: The word is a compound of majandus (economy) and termin (term). It covers both single words and multiword expressions that are used in economics, such as inflatsioon (inflation), SKP (sisemajanduse koguprodukt, i.e., GDP), and riigieelarve (state budget). Majandustermin also includes abbreviations and standardized phrases used in economic discourse.

Usage and importance: The concept appears in dictionaries, glossaries, textbooks, and language-education materials to distinguish general language from domain-specific vocabulary. It is used in linguistic analysis, translation, and terminology management to document how economic concepts are named and applied in Estonian.

Dynamics and standardization: Economic terminology evolves with new theories, instruments, and technologies. Majandustermin can arise through borrowing, calquing, or reanalysis, and may undergo standardization through official terminology bodies and educational resources to support clear communication in economics and related fields.

See also: Terminoloogia; Majandus.