Business Pitch Dictionary by pitch.dog
Regulatory, ethics & conduct compliance · Core

Standard

Also called: organisational standard

ELI5

A mandatory or agreed requirement used to define acceptable practice or performance.

Used in conversation

“Can we circulate standard with the assumptions and open questions marked?”

Pitch context

You will see “Standard” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches regulatory, ethics & conduct compliance.

Why it matters: In regulatory, ethics & conduct compliance, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.