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intercompany

intercompany

1 5.8
A transaction between two companies, often inside the same group
  • noun
  • /ˌɪntərˈkʌmpəni/
  • Specialized
translation icon : transacción interempresarial
  • These agreements, however, raise concerns under the Sherman Antitrust Act, which prohibits intercompany agreements that unreasonably interfere with competition.

Examples

  • Credit checks, intercompany payments, you name it—all flowing, all the time, all around the world.

    Fiction book (2002)
  • As a matter of administrative practice, Revenue Canada tests intercompany pricing between affiliated parties by applying the deductive formula.

    Academic text (1991)
  • Nor would intercompany loans affect U.S. tax.

    Blog text (7)
  • The experience of the metals industry, discussions with experts, and a growing literature all suggest that "social capital" (structured interactions), particularly intercompany communication and cooperation, are important to the spread of innovations.

    Academic text (1995)
  • Other affiliate nexus triggering activities include delivery, installation, maintenance, pick-up services at an in-state facility, and shared business operations, including intercompany transactions.

    Academic text (2017)
  • However, the actual effect depends on whether consumer demand for performance, intercompany competition, and other market factors allow these technologies to be used for higher fuel economy—rather than simply allowing the formation of a larger and more powerful SUV fleet.

    Academic text (2004)
  • For example, evaluating a systems investment on the basis of cost savings alone (such as workforce reduction) can rarely justify the required capital outlay, although the resultant information system may help the company maintain a competitive edge among its rivals by improving internal controls, facilitating intercompany communications, and providing better decision support.

    Academic text (1991)
  • The finance department handles all intercompany transactions to ensure accurate record-keeping.

  • To streamline our operations, we often conduct intercompany adjustments for inventory transfers between the branches.

  • The intercompany agreement allowed both firms to reduce costs and improve collaboration on shared projects.

Antonyms

Happening inside one company, for example between departments

Surface Forms

intercompany singular

Morphology

intercompany = company (transparent) = inter + company

The noun sense denotes a transaction or relation 'between companies', which follows directly from the compositional prefix + noun structure.

Etymology

Intercompany as a noun comes from inter- 'between' and company 'business', and it means a transfer, loan, or other deal that takes place 'between' companies, which is why accountants call internal group transfers intercompany transactions.