Related-Party Transactions

Related-Party Transactions,

Related-Party Transactions Definition:

  1. Related-Party Transactions means, The term party transaction refers to a transaction or agreement between two parties that relates to a pre-existing business relationship or mutual interest. Companies often seek trade agreements with parties they know or have a common interest in. Although the transactions of the parties concerned are inherently legitimate, they can create conflicts of interest or other illegal situation. State-owned companies should disclose these transactions.

    • The transaction of the party concerned is an agreement between the two parties which already has a business relationship.
    • Some, but not all, of the parties involved may cause inherited conflicts of interest. Therefore, they were checked by the inspecting authority.
    • If the box is not checked, the misuse of party-related transactions can lead to fraud and financial loss to all parties.
    • U.S. regulators ensure that transactions with the parties concerned are free of disputes and do not affect shareholder value or company profits.

Literal Meanings of Related-Party Transactions

Related:

Meanings of Related:
  1. They belong to the same family, group or related category.

Sentences of Related
  1. Sleep and related illnesses

Synonyms of Related

kindred, parallel, homologous, correlated, coupled, connected, analogous, allied, concomitant, accompanying, corresponding, incidental, affiliated, linked, associated, equivalent, comparable, interconnected

Party:

Meanings of Party:
  1. A social gathering for guests, usually involving food, drink and entertainment.

  2. A regularly formed political group, usually operating at the national level, seeking to participate in elections and form or participate in government.

  3. One or more people who are part of an agreement or dispute.

  4. Have fun at a party or other festive gathering, usually with drinks and music.

  5. Divided into different colored parts.

Sentences of Party
  1. Engagement ceremony

  2. Traditional Conservative Party

  3. Agreement between the two parties

Synonyms of Party

movement, social occasion, have a party, festivity, caucus, litigant, association, cabal, function, set, coalition, rave it up, group, have fun, faction, celebration, reunion, make merry, bloc, enjoy oneself, soirée, carouse, reception, at-home, have a wild time, gathering, side, alliance, camp, have a good time

Transactions:

Meanings of Transactions:
  1. Examples of buying or selling something.

  2. Publication of minute scientific group meetings.

  3. Message input in a computer system that is considered a unit of work.

Sentences of Transactions
  1. Delivery date is very important in normal business transactions

  2. In 1938, Mott and Littleton published an article on the calculation of the energy of error in the NACL in the transactions of the Fraud Society.

  3. Current transactions

Synonyms of Transactions

arrangement, matters, undertaking, compact, negotiation, concerns, affair, bargain, agreement, business, treaty, bond, proceedings, affairs, settlement, contract, activities, deal, dealings, pact

Related-Party Transactions,

What is The Definition of Related-Party Transactions?

Will Canton specializes in investment and business legislation and regulation. Prior to that, he held senior positions as a copywriter at Investopedia and Kapitall Wire, and received an MA in Economics from the New School of Social Research at New York University and a PhD in Philosophy in English Literature.

  • The transaction of the concerned party is an agreement between the two parties which already has a business relationship.
  • Some, but not all, of the parties involved have inherited conflicts of interest that are subject to regulatory oversight.
  • If not verified, the misuse of the transaction of the party concerned can lead to fraud and financial ruin for all parties.
  • U.S. regulations ensure that transactions with the parties concerned are free of disputes and do not adversely affect the value of shareholders or corporate income.

Literal Meanings of Related-Party Transactions

Related:

Meanings of Related:
  1. Belong to the same family, group or related species.

  2. Feel sympathy or identify with it.

  3. Count the reports.

Synonyms of Related

communicate, get on (well) with, depict, tell, narrate, correlate (with), list, of the same family, be on the same wavelength as, cite, repeat, itemize, find/establish a link between, identify with, report, delineate, chronicle, feel sympathy with, associate (with), rehearse, feel for

Party:

Meanings of Party:
  1. A gathering of guests, often involving food, drink and entertainment.

  2. A formally formed political group that participates in elections and seeks to form or participate in a government.

Sentences of Party
  1. Write the party's election manifesto.

  2. Put on clothes and have your happy party!

  3. Part of fess, or, and blue

Synonyms of Party

disco, whoopee, dance, bake, participant, frolic, blowout, kegger, sect, lig, tertulia, carousal, levee, have a ball, beano, shower, hoedown, beanfeast, luau, plaintiff, get-together, grouping, political party, squash, shindy, jolly

Transactions:

Meanings of Transactions:
  1. Publish minutes of the scientific community meeting.

Synonyms of Transactions

goings-on, records, journal, publication, chronicle, account, minutes, annals, report, doings