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Meaning of “the CBO” in the English Dictionary

"the CBO" in Business English

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the CBOnoun

uk   us   GOVERNMENT, POLITICS
abbreviation for the Congressional Budget Office : a ​department of the US ​government that ​calculates the ​cost of different ​parts of the ​nationalbudget, and ​advises on preparation of the ​budget: The CBO ​report blamed ​taxcuts for ​reducingbudgetsurpluses.
(Definition of the CBO from the Cambridge Business English Dictionary © Cambridge University Press)
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