Intercompany and Several liability: Difference between pages

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imported>Doug Williamson
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(IC).
The situation where parties act collectively and each party’s liability is limited to a proportionate share of the whole amount.


A balance or transaction between companies in the same group.
Sometimes written 'inter-company' or 'inter company'.


== See also ==
* [[Joint and several liability]]
* [[Joint liability]]
* [[Liabilities]]
* [[Several]]


== See also ==
[[Category:Compliance_and_audit]]
* [[Company]]
[[Category:Treasury_operations_infrastructure]]
* [[Group]]
* [[Intercompany loans]]
* [[Intercompany transactions]]

Latest revision as of 08:28, 31 August 2016

The situation where parties act collectively and each party’s liability is limited to a proportionate share of the whole amount.


See also