Jargon [jahr-guhn], or term of art, is ‘the technical terminology or characteristic idiom of a special activity or group.’ The word ‘jargon’ is French and is believed to have been derived from the Latin ‘gaggire,’ meaning ‘to chatter,’ which was used to describe something in which the speaker did not understand.
An ‘industry term’ is jargon that is associated with one particular industry. Jargon is similar to slang, both are non-standard definitions often created by and for subcultures. It is also common for each generation to create their own jargon. Whether this is because they want to identify with each other and thus create a language of their own, or conversely, if they deliberately do not want to be understood by anybody else (e.g. texting slang used by teens to communicate messages their parents won’t be able to translate).
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The Daily Omnivore 