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Glossary · Kelley Blue Book

Kelley Blue Book

Kelley Blue Book is a long-established U.S. vehicle-valuation guide, first published in 1926, that buyers, sellers, dealers, lenders, and insurers cite as a neutral reference for what a car is worth.

Its authority comes from aggregating large volumes of real transaction and market data into trusted reference values that unrelated parties accept as a common basis.

It is a frequent analogy for WorkForce: a neutral, widely-cited valuation reference for a category of asset — here, AI labor instead of cars.

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Related terms
Reference Rate
A reference rate is a published benchmark price that market participants cite as a neutral basis for contracts, comparis…
SOFR (Secured Overnight Financing Rate)
SOFR is a benchmark interest rate, published since 2018 by the Federal Reserve Bank of New York, derived from actual ove…
Bloomberg Terminal
The Bloomberg Terminal is a financial data and analytics system, launched in 1981, that became the standard reference an…
WORKFORCE

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