Wikipedia says it is
>A local Internet registry (LIR) is an organization that has been allocated a block of IP addresses by a RIR, and that assigns most parts of this block to its own customers
RIR being Regional Internet Registry
>A local Internet registry (LIR) is an organization that has been allocated a block of IP addresses by a RIR, and that assigns most parts of this block to its own customers
RIR being Regional Internet Registry
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