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related party vs involved party

Both "related party" and "involved party" are correct phrases, but they are used in different contexts. "Related party" refers to a person or entity that is related to another party, often in a business or financial context. On the other hand, "involved party" is a more general term that can refer to any party that is involved in a particular situation or activity.

Last updated: March 23, 2024 • 1589 views

related party

This phrase is correct and commonly used, especially in business and financial contexts.

The term "related party" is used to describe a person or entity that is related to another party, often in terms of ownership, control, or influence.

Examples:

  • The company disclosed its transactions with related parties in the financial statements.
  • The regulations require full disclosure of transactions with related parties.
  • No related party transactions requiring disclosure have been identified.
  • Intra group related party transactions should be eliminated in the preparation of consolidated financial statements.
  • Minister Park Joon Ki... told the related party to just ignore it.
  • A related party relationship could have an effect on the profit or loss and financial position of an entity.
  • The other Malaysian exporting producer made exports of the product concerned to independent customers and to one related party in the Community.
  • Moreover, the exporting producer reported the existence of a related party in the Community which also did not cooperate in this investigation other than to submit some general information about its activities.
  • Intra group related party transactions should be eliminated in the preparation of consolidated financial statements.
  • Subject: Transparency of the Council in related party disclosures
  • Intra-group related party transactions should be eliminated in the preparation of consolidated financial statements.
  • Intra-group related party transactions should be eliminated in the preparation of consolidated financial statements.
  • 6 A related party relationship could have an effect on the profit or loss and financial position of an entity.
  • Participation in such a plan is a related party transaction for each individual group entity.
  • A related party transaction is a transfer of resources, services or obligations between related parties, regardless of whether a price is charged.
  • The disclosure of related party transactions in the financial statements is important because it draws attention to possible effects on the financial position of a company.
  • Intragroup related party transactions and outstanding balances are eliminated, except for those between an investment entity and its subsidiaries measured at fair value through profit or loss, in the preparation of consolidated financial statements of the group.
  • For the purposes of presenting information on related party transactions concerning the key management of the European Union, such persons are shown here under five categories:
  • Information about individual transactions may be aggregated according to their nature except where separate information is necessary for an understanding of the effects of related party transactions on the financial position of the company.
  • For these reasons, knowledge of related party transactions, outstanding balances and relationships may affect assessments of an entity's operations by users of financial statements, including assessments of the risks and opportunities facing the entity.
  • (56) It is therefore considered that the related party incurred costs which effectively reduce the amounts received by the exporters, and which should thus be deducted from the price paid by the first independent buyer in the Community.
  • Information about individual transactions may be aggregated according to their nature except when separate information is necessary for an understanding of the effects of related party transactions on the financial position of the company.

Alternatives:

  • affiliated party
  • connected party
  • associated party
  • interrelated party
  • linked party

involved party

This phrase is correct and can be used in a general context to refer to any party that is involved in a particular situation or activity.

The term "involved party" is a more general term that can refer to any party that is involved in a specific situation, event, or activity.

Examples:

  • The police interviewed all the involved parties to gather more information about the incident.
  • The contract was signed by all the involved parties.
  • As an other involved party within the meaning of the Implementing Regulation the seller subsequently requested access to the file.
  • If such a request is not granted or the other involved party, complainant or interested third person disagrees with this decision, it may refer the matter to the hearing officer for review.
  • It was attended by representatives of the notifying party and the other involved party, as well as the third party and three Member States.
  • Aer Lingus has had a particular position in the proceedings, as it is the target of a hostile take-over bid, and as such considered to be an other involved party within the meaning of Article 11(b) of Regulation (EC) No 802/2204.
  • He is seen as an involved party in the conflict.
  • As regards PeopleSoft, as an involved party, they were provided with a non-confidential version of the SO in accordance with Article 13(3) second paragraph of Regulation (EC) No 447/98 (Implementing Regulation).
  • No queries or submissions have been made to me by the notifying party, the other involved party or any third party.
  • Provision of documents to other involved parties in merger proceedings
  • B. Provision of documents to other involved parties in merger proceedings
  • The Commission shall inform other involved parties in writing of these objections.
  • Project funding from the European Commission and other involved parties
  • Project expenditure funded by the European Commission and other involved parties
  • The NSA or RE informs all the involved parties when the information transfer is completed.
  • PARTICULAR QUESTIONS REGARDING COMPLAINANTS AND OTHER INVOLVED PARTIES
  • The debt projections for 2009-2010 assume full drawdown of the international financial assistance, as scheduled by the involved parties.
  • Neither DONG, nor the other involved parties requested to develop their arguments in a formal oral hearing.
  • III. PARTICULAR QUESTIONS REGARDING COMPLAINANTS AND OTHER INVOLVED PARTIES
  • The aim of the safety investigation relies on the collection of data and testimonies of involved parties both obtained in confidence.
  • and initiated a large-scale consultation of all interested and involved parties.
  • Member States shall guarantee that all involved parties have been sufficiently trained to carry out the analyses.

Alternatives:

  • participant
  • stakeholder
  • contributing party
  • engaged party
  • active party

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