
What does FICO stand for?
FICO is an abbreviation that has different meanings in different contexts. In the financial industry, FICO typically refers to the credit score developed by Fair Isaac Corporation, which is used to assess an individual's credit risk. In the context of enterprise management software, specifically SAP, FICO represents the financial module, encompassing both Financial Accounting (FI) and Controlling (CO) for financial management and accounting records.
