Abstract
lame duck. A term applied in the 19th century to a jobber who was unable to comply with his bargains; now a general term for an industrial company unable to stand on its own financial feet and in need of state support.
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© 1985 Stuart Valentine
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Valentine, S. (1985). L. In: International Dictionary of the Securities Industry. Palgrave, London. https://doi.org/10.1007/978-1-349-17889-6_12
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DOI: https://doi.org/10.1007/978-1-349-17889-6_12
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-38241-7
Online ISBN: 978-1-349-17889-6
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