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non-monetary transactions vs non-fund transactions

Both phrases are correct, but they are used in different contexts. 'Non-monetary transactions' refers to transactions that do not involve money, while 'non-fund transactions' could refer to transactions that do not involve specific funds or financial instruments.

Last updated: March 28, 2024 • 841 views

This phrase is correct and commonly used in the context of transactions that do not involve money.

"non-monetary transactions"

This phrase is used to describe transactions that are not related to money or financial exchanges.

Examples:

  • Barter is an example of non-monetary transactions.
  • The company engaged in non-monetary transactions to exchange services.
  • Non-monetary transactions can include goods or services exchanged without using money.
  • The accounting standards provide guidelines for recording non-monetary transactions.
  • Non-monetary transactions are becoming more common in the digital economy.

Alternatives:

  • transactions without money
  • transactions without financial exchange
  • barter transactions
  • in-kind transactions
  • goods-for-goods transactions

This phrase is correct but less commonly used. It could refer to transactions that do not involve specific funds or financial instruments.

"non-fund transactions"

This phrase may be used to describe transactions that do not involve specific funds or financial instruments, but it is less common than 'non-monetary transactions.'

Examples:

  • The system is designed to handle both fund and non-fund transactions.
  • Non-fund transactions are subject to different regulatory requirements.
  • The bank distinguishes between fund and non-fund transactions in its reporting.
  • Non-fund transactions can include non-monetary exchanges.
  • The audit focused on the accuracy of fund and non-fund transactions.

Alternatives:

  • transactions without specific funds
  • non-financial transactions
  • non-instrument transactions
  • non-monetary exchanges
  • non-cash transactions

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