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English definition of “CIPS”

CIPS

noun
 
 
/sɪps/ COMMERCE
abbreviation for Chartered Institute of Purchasing and Supply: a professional organization in the UK for people who manage the activities of buying and selling goods and services: CIPS said the growth rate for services has accelerated for the fourth successive month.
(Definition of CIPS from the Cambridge Business English Dictionary © Cambridge University Press)
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