acronym
Yeah, back in the 1980s I worked for a company called CHIPS which, apparently, stood for Computer Harmony and Information Processing Systems (or something like that - it was a long time ago). Anyway, a few years later there was an in-house competition to come up with a better acronym. For some unknown reason the best suggestion - Company Has Inadequately Paid Staff - was never adopted and the whole idea of a new acronym fizzled out soon afterwards.