Answer:
Jargon
Explanation:
Jargon is the shorthand that has been used by many experts. This is a special term that is used by experts and professionals. This term is used sensibly and effectively communicate. Jargon's words consist of abstract words, unfamiliar terms and none existed words by experts. Every organization, trade profession has its jargon term that has been used occasionally.
For example, Economists has been used jargon words such as cost-push inflammation and J-curve, etc.
Insurance: In insurance, there are commonly used jargon words that are annuitant, arbitrate, etc.