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cliffside
Cliffside Park
Clifton
Clifton Park
climacteric
climactic
climate
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clientele effect
cli·en·tele ef·fect


noun 
Definition:
 
theory of dividend preferences: the theory that stockholders in high tax brackets prefer stock with low dividend payout rates whereas stockholders in low tax brackets prefer high dividend payouts
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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