intercompany
- adjective
- /ˌɪntərˈkʌmpəni/
- The intercompany agreement allowed for easier sharing of resources between the businesses.
Examples
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An intercompany audit was conducted to ensure compliance with financial regulations.
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Another type of reviewable conduct described in the abuse of dominant position provisions of the Competition Act could potentially apply to intercompany collaboration in Canada if one or more of the companies involved could be considered to substantially or completely control a type of business in Canada, either on its own or jointly with other parties to the arrangement, and their conduct has a predatory, exclusionary, or disciplinary effect on a competitor.
Academic text (1995) -
The two firms engaged in intercompany transactions to streamline their operations.
Synonyms
Between companies when they work together or compete
Relating to deals between two or more companies
Involving two or more organizations working together
Antonyms
Surface Forms
Morphology
Etymology
Intercompany comes from the prefix inter- meaning 'between' and company meaning a business or a group of people who work together, so intercompany describes something that happens 'between' two or more companies.