Sales Territory

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Geographical area or type of customers assigned to a sales unit such as salesperson, sales manager, franchisee, distributor, or agent.

Source: http://www.businessdictionary.com/definition/sales-territory.html

Decoded:
The area that a salesperson is assigned to sell in. Good territories can make you a lot of money! Bad ones mean lots of Ramen for lunch. 
 

On Target Earnings

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"On-track" or "on-target" earnings (OTE) is a term often seen in job advertisements, especially for sales personnel. The typical pay structure may be composed of a basic salary with an additional amount of commission.
Source: https://en.wikipedia.org/wiki/On-target_earnings

Decoded:
On Target Earnings - A bullshit number that recruiters and sales managers use to trick you into joining their company. Pro-Tip - ask them how many people actually hit this in their first year
 

Forecasting

Definition:

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A planning tool that helps management in its attempts to cope with the uncertainty of the future, relying mainly on data from the past and present and analysis of trends.
Forecasting starts with certain assumptions based on the management's experience, knowledge, and judgment. These estimates are projected into the coming months or years using one or more techniques such as Box-Jenkins models, Delphi method, exponential smoothing, moving averages, regression analysis, and trend projection. Since any error in the assumptions will result in a similar or magnified error in forecasting, the technique of sensitivity analysis is used which assigns a range of values to the uncertain factors (variables).

Source: http://www.businessdictionary.com/definition/forecasting.html

Decoded:
Management’s way of pretending that they know what is going on in the business. This is almost never correct.
 

CRM

Definition:

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An acronym for Customer Relationship Management software, which refers to software products that allow organizations to store, organize, synchronize, and search records relating to customer interactions. CRM Software may also include automation for business rules and business processes, such as contacting customers or sending out inventory replacement reminders.

Source: http://www.businessdictionary.com/definition/CRM-software.html

Decoded:
CRM - the tool that your company pays a lot of money to track leads, contacts, and pipeline. You most likely use it to 10% of its capability and ignore most of the rules in your playbook