The pub industry is no different to many in that it has its fair share of strange abbreviations and acronymns. Here’s a brief Admiral Taverns guide to industry terminology to help you get by…
Pub industry jargon buster
||Amusements with prizes, such as fruit machines.
||British Institute of Innkeeping.
||British Institute of Innkeeping Awarding Body - The leading awarding body for the licenced retail sector dedicated to developing and awarding qualifications to support the industry at all levels.
||A pub that derives most of its sales from food (rather than drink).
||Fixtures and fittings.
||A pub that focuses on food.
||The amount of money needed to run a specific pub. This includes the value of Tenants fixtures and fittings, stock, glasswear and some working capital.
||Typically the longer term form of rental agreement that can be assigned (sold on) to someone else.
||National Certificate for Personal Licence Holders â€“ Essential in applying for your personal licence to run a pub.
||Authorises you to supply alcohol, essential for running a pub. Full details are available from the Department of Culture, Media and Sport on 0207 211 6200 or www.culture.gov.uk
||Skills with prizes, including quiz machines and the like.
||Typically a short term agreement for a pub.
||A pub that derives most of its sales from drinks (rather than food).