Definition of "intercompany" [intercompany]

• Between, or involving, different companies (adjective)

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