Difference between revisions of "Business transaction"
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| − | [[Business transaction]] (hereinafter, the ''Transaction'') is any movement of [[assets]] and [[liabilities]] between two [[legal entity|legal entiti]]es. | + | [[Business transaction]] (hereinafter, the ''Transaction'') is any movement of [[assets]] and [[liabilities]] between two [[legal entity|legal entiti]]es. Most of the ''Transaction'' are [[financial transaction]]s; however, [[financial transaction]]s may also include movements of [[assets]] and [[liabilities]] within one [[legal entity]]. |
| − | + | ==Nature== | |
| + | The ''Transaction'' may have various natures such as: | ||
| + | #A sale or procurement, lease, assignment, award by chance, any other acquisition or transfer of a [[product]]; | ||
| + | #Transmitting of funds over an electronic network or physically. | ||
| + | |||
| + | ==Types== | ||
Revision as of 20:25, 3 January 2019
Business transaction (hereinafter, the Transaction) is any movement of assets and liabilities between two legal entities. Most of the Transaction are financial transactions; however, financial transactions may also include movements of assets and liabilities within one legal entity.
Nature
The Transaction may have various natures such as:
- A sale or procurement, lease, assignment, award by chance, any other acquisition or transfer of a product;
- Transmitting of funds over an electronic network or physically.
