Abstract:
In the course of the study, the use of abbreviations in the system of English, namely in modern economic and business discourse was analyzed. The research addressed all the initial objectives, including the history of the emergence of the concepts of "abbreviation" from its origin to the present day, provided a modern characterization and classification of abbreviations and other shortenings, analyzed the specifics of using and translating abbreviations. In the practical part of the research, the concept of economic and business discourse and their types were describes, as well as identified practical ways of using abbreviations, giving a classification and providing specific examples of the use of abbreviations in everyday situations in business communication based on the analysis of various economic and business texts.