Meaning of “external stakeholder” in the English Dictionary

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"external stakeholder" in Business English

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external stakeholdernoun [ C ]

uk us

anyone outside a particular company who is affected by its success or failure, for example, customers, companies that sell it supplies, or banks that lend it money:

The CFO has always been in a delicate position, trying to balance internal and external stakeholders in the best interest of the corporation.

(Definition of “external stakeholder” from the Cambridge Business English Dictionary © Cambridge University Press)