1. A computer system for translating business information and associating the translated business information with user-defined business terms in a processor executable data management system, the computer system comprising: a computer readable storage media for providing a data store; and a data management system for execution on one or more data processors for storing information relating to a plurality of user-generated business terms in accordance with a schema, the data management system including a user interface engine configured to provide a first user interface and a second user interface; wherein the first user interface is configured to receive and store in the data management system user input that comprises a name of a first business term, a definition of the first term, and one or more data rules relating to the first term; and wherein the second user interface is configured to retrieve from the data management system and display the stored first business term and related data rules, to receive user input that includes identification information that identifies data stored in the data store that is related to the first business term, to receive software instructions that implement the related data rules, and to invoke a job that causes the software instructions to be implemented to process the related data according to the data rules to produce cleansed data.