LIBOR Definition

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LIBOR see LONDON INTERBANK OFFERED RATE.

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EATING STOCK is when an underwriter can't find buyers for a stock and therefore has to buy them for his own account.

EXTERNAL ENVIRONMENT is factors (conditions, trends, and forces) essentially outside the control of organizational members. External environmental scans are conducted to identify important factors in the external environment. This analysis is often a critical aspect in all business or strategic plans.

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