COST EFFECTIVE Definition

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COST EFFECTIVE is when a judgment is made that something is economical in terms of the goods or services received for the money spent.

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INTERESTED PARTY is any person that has a real and direct interest in any proceeding or action being proposed or taken.

INVESTMENT BANKER is an underwriter who serves as a middleman between a corporation issuing new securities and the public. Usually, an investment banker, or several investment bankers in a syndicate, buy the securities issue outright, then sell the securities to individuals or institutions.

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