Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • adj. Between, or involving, different companies

from The Century Dictionary and Cyclopedia

  • Existing between, or among, two or more companies.

Etymologies

Sorry, no etymologies found.

Examples

  • Freeport has also agreed to convert $50 million in intercompany loans to equity and pay $5 million for surface-area fees.

    Congo Reaches Long-Awaited Deal With Freeport

  • No long-term intercompany loans were settled in 2010 that resulted in a significant foreign exchange adjustment.

  • Other expense recorded for the three months ended June 30, 2011 and 2010 primarily reflected foreign exchange transaction losses on short-term intercompany accounts.

  • You know, when we look at the parent company cash position we exclude any amount of commercial paper and short-term intercompany borrowings.

    Financial Sector and Stocks Analysis from Seeking Alpha

  • Routinely advise upon and support company wide intercompany related activities such as intercompany out of balance research, intercompany position settlements, intercompany interest assessments, intercompany debt waivers, intercompany confirmations/guarantees, and deemed dividend mitigation.

    CFO.com: Today in Finance

  • According to Marsh, "related party investments such as intercompany loans, the purchase of parent company commercial paper, or accounts receivable factoring are the most common use of funds, regardless of where a captive is located.

    Insurance Journal

  • The Goldman group argues that the claims should be kept separate because consolidation would invite litigation concerning intercompany claims between Lehman's various units.

    Fight for Lehman's Remains Heats Up

  • GE explains in its annual report some of these "intercompany transactions."

    What The Top U.S. Companies Pay In Taxes

  • The ad hoc group has said that its main problem with Lehman's proposal is that it establishes a "pot of assets" to pay back creditors, which is "seriously flawed," particularly in the way it handles intercompany claims between various Lehman businesses.

    Paulson-Led Group Seeks Same Footing in Lehman Case

  • The convoluted transaction also included an unusual provision allowing the company to cut a dollar from the intercompany debt—thereby boosting equity value—for every dollar of bonds it persuaded investors to tender into a discounted bond exchange.

    A Battle Over Dynegy Debt

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