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English definition of “firm”

firm

verb [I]     /fɜːm/
FINANCE to remain at the same level , amount , etc. or to rise slightly : In industries such as paper , chemicals , and steel , prices have firmed.firm to sth Copper firmed 1.8 cents to 142.1 cents a pound .firm against sth The dollar , meanwhile , firmed against the euro in the wake of the interest rate rise . Bank shares firmed on expectations that the Reserve Bank would leave interest rates untouched .
(Definition of firm verb from the Cambridge Business English Dictionary © Cambridge University Press)
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