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English definition of “placement”

placement

noun     /ˈpleɪsmənt/
[C or U] (also placing) STOCK MARKET, FINANCE an occasion when a company's shares become available to buy, or the activity of doing this: The company is raising £33m through the placement of new shares at 150p each to fund its European expansion. Sun Hung Kai Properties raised 4.04 billion Hong Kong dollars in a share placement last week. → Compare market offering
[C] UK (also job placement, US also practicum) HR a temporary job that someone does in an organization, usually to get some work experience: He got a two-week placement in the accounts department.
[U] a service for finding a suitable job for someone, especially a temporary job for a student or unemployed person: In a slow economy, placement of unpaid interns is often easier.
→ See also private placement, product placement
(Definition of placement noun from the Cambridge Business English Dictionary © Cambridge University Press)
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