Twinkling lights and festive gatherings begin. But, for independent workers—freelancers, contractors, and consultants—this time of year can feel a bit lonely.

In order to effectively navigate your career, being well versed in terminology is necessary as you plan your next moves or search for new opportunities. To help you get started, here are the top 7 terms you need to know and why.

Over the years, I’ve been given the opportunity to help more organizations and add value to their business by coming in on contract. It has been a great strategy during transition periods, and it has created better flexibility and balance in my work life.