Meaning of “CIPS” in the English Dictionary

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"CIPS" in Business English

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CIPSnoun

uk /sɪps/ us 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)