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MBO

abbreviation for

, Business.
  1. management by objectives: a system in which managers and their employees jointly decide on goals, areas of responsibility, and desired results.


MBO

abbreviation for

  1. management buyout
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Word History and Origins

Origin of MBO1

First recorded in 1970–75
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Example Sentences

Almost 17 million U.S. employees describe themselves as digital nomads, more than double the pre-pandemic number, according to MBO Partners, a firm that connects companies with freelance talent.

Dave Cassar, the global head of international for MBO Partners, the company that commissioned the report, believes a similar trend is happening in Europe.

From BBC

About 10.9 million Americans last year described themselves as digital nomads — people who work remotely and tend to travel from place to place — up from 7.3 million in 2019, according to MBO Partners, which provides services for self-employed workers.

There were 10.9 million digital nomads in the US by the end of last year, according to a study by business consultancy MBO Partners.

From BBC

Even before the pandemic, the number of remote workers worldwide was growing: Research from the consulting firm MBO Partners found that the number of independent workers in the United States, which includes consultants, freelancers and temporary workers, was around 41 million in 2019.

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