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10.3.1 Basic Internet address protocol

$local-host

Constant

An instance of <internet-address> representing the host on which the application using sockets is correctly running.
Note that this value is not necessarily the same as would be created by the expression
  make (<internet-address>, name: "localhost")

The address assigned to the symbolic name localhost is dependent on the configuration of DNS. In some cases this may be configured to be the loopback address rather than a real address for the local host.

System and I/O Reference - 31 MAR 2000

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