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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 • 722 views

non-monetary transactions

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

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

non-fund transactions

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

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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