LIBID Definition

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LIBID is the London Interbank Bid Rate, the rate that a bank is willing to pay for funds in the international interbank market.

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AISG is Accountants International Study Group.

INVESTMENT is the purchase of real property, stocks, bonds, collectible annuities, mutual fund shares, etc, with the expectation of realizing income or capital gain, or both, in the future. Investment is longer term and usually less risky than speculation.

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