GDPR — General Data Protection Regulation
Definition: EU regulation governing how personal data of EU residents is collected, stored, and processed. GDPR's fines (up to 4% of global revenue) made privacy a board-level topic worldwide.
Example
In board meetings, you'll often hear something like: "Let's pull the latest GDPR numbers before we make a call" — shorthand for general data protection regulation.
When you'll hear it
GDPR shows up most often in board meetings, quarterly business reviews, and strategy off-sites. When someone uses it, they're usually referring to general data protection regulation — and they expect the room to already know what that means.
FAQs
What does GDPR stand for?
GDPR stands for General Data Protection Regulation.
What does GDPR mean in business and finance?
EU regulation governing how personal data of EU residents is collected, stored, and processed. GDPR's fines (up to 4% of global revenue) made privacy a board-level topic worldwide.
Where will I hear GDPR used at work?
GDPR comes up most often in board meetings, quarterly business reviews, and strategy off-sites. It's used as shorthand for general data protection regulation, so people assume you already know the term.
Related terms
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