Definition of Transfer price

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TeachMeFinance.com - explain Transfer price



Transfer price

The term 'Transfer price' as it applies to the area of energy can be defined as ' The monetary value assigned to products, services, or rights conveyed or exchanged between related parties, including those occurring between units of a consolidated entity'.

Previous 5 Terms:
Transdifferentiation
Transducer
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Transfer of development rights (TDR)
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Transfer RNA (tRNA)
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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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