Acumen

Acumen is defined as shrewdness shown by keen insight. It is also defined as the quickness and accuracy of judgment.

According to The Word, acumen means "is a Latin word meaning mental acute-ness as well as a point and a sting. The IE root is ak, signifying sharpness. Hebrew HAKH'MA means intelligence and skill, a word of mental acuity with many sharp branches."

Some of the words Thesaurus.com uses to define acumen are "accuracy, acuity, astuteness, awareness, cunning, discernment, farsightedness, guile, ingenuity, insight, keenness and perception."

In the business world having business acumen or being business savvy is a highly regarded commodity.

Business acumen may be defined as an almost intuitive and applicable understanding of how your company makes money which implies a thorough understanding of what drives profitability, a market focused approach to your business and an overall big picture understanding of the business and its interrelationships enabling a person to make better business decisions.