closely related party vs closely related parties

Both phrases are correct, but they are used in different contexts. 'Closely related party' is singular and refers to one specific party that is closely related to something else. 'Closely related parties' is plural and refers to multiple parties that are closely related to something else.

Last updated: March 17, 2024 • 1064 views

closely related party

This phrase is correct and commonly used in English.

This phrase is singular and refers to one specific party that is closely related to something else. It is used when talking about a single entity or group that has a close relationship with another entity or group.

Examples:

The closely related party was involved in the negotiations.
She is a closely related party to the company's founder.

Show examples from the web [+]

been paid to the closely related party (barring the election), the election simplifies compliance with the rules and facilitates cash flow by avoiding the need to ...
Nov 14, 2014 ... Alert: New Requirement to File Existing GST/HST Closely Related Party Elections Quickly Approaching. Page Image. Blakes Bulletin - United ...
When TPP is sold to a closely related party. • If all of the shares or the partnership interests are not retained for at least 6 months after the sale, RST applies on ...
"closely related party " of a member of the key management personnel for an entity means: (a) a spouse or child of the member; or. (b) a child of the member's ...

Alternatives:

closely associated party
intimately connected party
tightly linked party
closely connected party
closely affiliated party

closely related parties

This phrase is correct and commonly used in English.

This phrase is plural and refers to multiple parties that are closely related to something else. It is used when talking about several entities or groups that have close relationships with another entity or group.

Examples:

The closely related parties reached a consensus.
These closely related parties have been collaborating for years.

Show examples from the web [+]

Sep 29, 2015 ... Information about leading employees' and their closely related parties' transactions with TK Development A/S shares and related securities.
whether the form of a transaction between closely related parties has substance, we should compare their actions with what would have occurred if the ...
November 2014. Following the last federal budget, we prepared a release outlining the changes to the GST/HST election for closely related parties. This election.
Leases. • When TPP is leased between closely related parties, no RST applies if the party leasing the TPP has previously paid the tax and the parties remain.

Alternatives:

closely associated parties
intimately connected parties
tightly linked parties
closely connected parties
closely affiliated parties

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closely related party vs closely related parties