Business transaction

From CNM Wiki
Revision as of 13:35, 6 May 2023 by Gary (talk | contribs)
Jump to: navigation, search

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

Related lectures