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Dry Powder Definition

Dry Powder Definition - http://exitpromise.com

Posted by Exit Promise under Finance
From http://exitpromise.com 2865 days ago

The term “dry powder” is financial slang and refers to a company’s or investor’s highly liquid securities which are kept on hand to finance future obligations, purchase assets, or invest in opportunities. Such capital also may be kept on hand to provide emergency operational funding.

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