related party transaction Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “related party transaction” in the English Dictionary

"related party transaction" in Business English

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related party transactionnoun [C]

uk   us  
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)
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