Dictionary of Accounting Terms: Wireless Fidelity (WI-FI)
Wireless Fidelity (WI-FI)
the popular term for a high-frequency wireless local area network. The consumer-friendly name for the 802.11b engineering standard. It lets home and office users create wireless local networks, which connect two or more computers to each other and a faster Internet line. This way there is no more poking holes in walls or tripping over bulky Ethernet cables. The Wi-Fi technology is rapidly gaining acceptance as an alternative to a wired local area network (LAN).
