What is meant by term stakeholder?


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The term stakeholder, as traditionally used in the English language in law and notably gambling, is a third party who temporarily holds money or property while its owner is still being determined. In a business context, a stakeholder is a person or organization that has a legitimate interest in a project or entity.

 

A corporate stakeholder is a party that can affect or be affected by the actions of the business as a whole. Stakeholders also defined as those groups without whose support the organization would cease to exist.

 


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