related party transaction - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “related party transaction”

related party transaction

noun [C]
 
 
FINANCE, WORKPLACE an agreement or arrangement between two companies or people that already have a business relationship, for example when a large company uses one of its shareholders to supply goods or services: An investigation was launched into certain related party transactions.
(Definition of related party transaction from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of related party transaction?
Add Cambridge dictionaries to your browser to your website

Word of the Day

extra time

a period of time in a sports game in which play continues if neither team has won in the usual time allowed for the game

Word of the Day

She’s got very good posture. (How we stand and sit)

by Liz Walter,
May 27, 2015
Recently on this blog, we looked at the words that we use to describe the way we move. This week we’re looking at words for describing our bodies when they are still, whether we are standing or sitting. Since most of us do far too much of this, let’s start with sitting.

Read More 

ancestral health noun

May 25, 2015
diet based on the presumed diet of our Palaeolithic ancestors ‘Ancestral health,’ to use a term popular among Paleo followers, has gone mass.

Read More