Request For Proposal

A request for proposal (RFP) is a tool used by businesses, governments, and advertising agencies to purchase equipment and/or services by promoting competitive proposals among vendors. Through this type of competitive process, buyers evaluate the different vendor solutions and pick the one that most closely fits their needs and budget.

Online jargon, also known as text message shorthand, used in texting, online chat, instant messaging, email, blogs, and newsgroup postings, these types of abbreviations are also referred to as chat acronyms

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See also : RFI  
NetLingo Classification: Acronyms and Text Message