latter

  

Definition

A term used to refer to the last item in a given list, usually of two items. "I've worked for Company A and Company B, but the latter was my favorite." This indicates that Company B was my favorite company to work for.

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What Counts Most in a Merger

The language utilized in mergers tends to confuse the issues and encourage irrational actions by managers. For example, dilution is usually carefully calculated on a pro forma basis for both book val ... Read more

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