Business / Accounting / Transactions
Transactions: Exchange of goods or services between entities (whether individuals, businesses, or other organizations), as well as other events having an economic impact on a business.
Transactions Motive: The time, effort, and money necessary, including such things as commission fees and the cost of physically moving the asset from seller to buyer. Related: Round-trip transactions costs, info . . . View Full Definition
Arms-Length Transactions: Business dealings between independent and rational parties who are looking out for their own interests.
FACT Act (Fair And Accurate Credit Transactions Act): Designed to help consumers check their credit reports for accuracy and detect identity theft early, the FACT Act gives every consumer the right to request a free report from each of the thre . . . View Full Definition
Transactions Costs: Applies mainly to international equities. Levies on a deal that foreign governments sometimes charge.
Noncash Transactions: Investing and financing activities that do not affect cash: if significant, they are disclosed below the statement of cash flows or in the notes to the financial statements.
Round-Trip Transactions Costs: Costs of completing a transaction, including commissions, market impact costs, and taxes.
Post: Short for goal post.
Pegging: Making transactions in a security, currency, or commodity in order to stabilize or target its value through market intervention.
Retained Earnings Statement: A statement of all transactions affecting the balance of a company's retained earnings account.