UbiquitousLanguage

I want to do some research on "UbiquitousLanguage " and share some basics about it here for my friends who are still wondering what is this "Thing".

A concept from DomainDrivenDesign. The aim of which is to establish a common consistent language structured around the problem domain that can be shared by the business users of the system and the developers.
Ubiquitous language is important because it reduces the common communication problems that occur between software users and software producers. It rapidly becomes the lingua franca of any software project that uses this technique, with users as well as software developers talking in a more consistent, more acurate way about the problem at hand, and sometimes even finding more consistent ways to talk about their own business.
http://domaindrivendesign.org/discussion/messageboardarchive/UbiquitousLanguage.html