What does LAC mean in Occupation & Positions?

This page is about the meanings of the acronym/abbreviation/shorthand LAC in the Business field in general and in the Occupation & Positions terminology in particular.

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Definition

What does LAC mean?

lac(noun)
resinlike substance secreted by certain lac insects; used in e.g. varnishes and sealing wax

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"LAC." Abbreviations.com. STANDS4 LLC, 2015. Web. 30 May 2015. <http://www.abbreviations.com/term/374814>.