(1). An international tax term used, for some reason, by some European tax authorities in place of “mandatory”, probably as the result of some consultant’s report, the production of which undoubtedly was a waste of taxpayer money.
(1). Acronym for “as soon as possible” often used to impart a sense of urgency. In an effort to appear even shorter on time (and really important), many workers pronounce the acronym as an actual word.
“Hey Jeff, sorry to do this but I totally forgot Jonathan was coming in today so I am going to need those mock-ups ASAP.”