Meaning & use
Intercompany
Last updated
occurring or existing between two or more companies, especially within the same corporate group
See it in a sentence
The accountants had to reconcile several intercompany transactions before closing the books.
Intercompany loans between the parent firm and its subsidiaries are common in large corporations.
A note on using this word
Widely used in accounting and finance to describe transactions or relationships crossing organizational boundaries within a corporate group.
Words with a similar meaning
interbusiness
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Words with an opposite meaning
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