Definition Definition

Affiliate party

Affiliate party, also known as intra-firm trade, refers to a foreign importer that is a subsidiary business unit of the exporter.

Share it: CITE

Related Definitions

  • Affiliated person
    Affiliated person is an individual who possesses enough influence and...
  • Account party
    Account party is the customer who requests a standby letter...
  • Affiliated banks
    Affiliated banks is the banks whose stock has been acquired...
  • Affiliate
    Affiliate is a foreign operation, formed as either a branch...
  • Counterparty
    Counterparty refers to the opposite party to a double transaction;...