LIBID is the London Interbank Bid Rate, the rate that a bank is willing to pay for funds in the international interbank market.
PPBS is PPBS is Program Planning Budgeting System.
LIKE KIND, in taxes, refers to property that is similar to another for which it has been exchanged: real estate exchanged for real estate, for instance. The definitions of like kind properties can be found in the US Tax Code at Section 1031.
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