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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of related party transaction

Word of the Day

sail

When a boat or a ship sails, it travels on the water.

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More