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LSDefine

Simple English definitions for legal terms

transfer price

Read a random definition: bailment

A quick definition of transfer price:

Transfer price: The price at which goods or services are sold between different departments or divisions within the same company. It is like buying something from your sibling or friend, but instead of money, it is a price that is agreed upon. This helps the company keep track of its profits and costs, and ensures that each department is fairly compensated for their contributions.

A more thorough explanation:

Definition: Transfer price refers to the price at which goods or services are transferred between different departments or divisions of the same company. It is the price that one department charges another department for goods or services provided.

Example: Let's say that a company has two divisions: Division A and Division B. Division A produces a product that Division B needs to complete its own product. In this case, Division A will charge Division B a transfer price for the product it provides. The transfer price will be the cost of producing the product plus a markup that reflects the profit margin that Division A wants to earn.

Another example could be a company that has a manufacturing division and a sales division. The manufacturing division produces a product and sells it to the sales division, which then sells it to customers. The transfer price in this case would be the price that the manufacturing division charges the sales division for the product.

These examples illustrate how transfer pricing works within a company. It is important for companies to set transfer prices that are fair and reasonable, as transfer pricing can affect the profitability of different divisions within the company.

transfer payment | transferred-intent doctrine

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Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
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