TRANSFER PRICE Definition

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TRANSFER PRICE is the price charged by an individual entity in a multi-entity corporation on transactions among the entities involved.

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NET LOSS is the amount by which total of costs and expenses exceeds total revenue in an accounting period.

EXPORT BROKER is an entity that brings together foreign buyers with domestic manufacturers for a fee, generally providing little other services. An EMC, who is also a middleman, often provides extensive services to complete the transaction as well.

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