You can change the field description text to match whatever term your company uses for that field. You can also change the formatting of the field name / description, for instance you could choose to make all the mandatory fields bold or italic.
Steps for Customizing Field Description
1) Open the window you want to change the field on. In the example below, we’ve opened the Master Item Data screen.
2) Hold down the Ctrl button and double-click directly on the field description you want to change
3) In the Changing Descriptions Window that pops up, type the new name in the New Description field
4) Click Update
NOTE: In order to perform this operation, you must be a SuperUser or have been given full permission to the object Change Field Labels.