Difference between revisions of "Business transaction"

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Latest revision as of 20:00, 12 June 2023

A market transaction (alternatively known as 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:

  1. A sale or procurement, lease, assignment, award by chance, any other acquisition or transfer of a market exchangeable;
  2. Transmitting of funds over an electronic network or physically.

Types

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