See also: Acronyms ... Bond Glossary ... Investing Glossary ... Technical Analysis Glossary... Life Insurance Glossary... (edit)
General
•A business arrangement between two parties joined by a special prior relationship. For example, a business transaction between a major shareholder and the corporation•While such transactions are legal, the special relationship inherent between the involved parties creates potential conflicts of interest which can result in actions which benefit the people involved as opposed to the shareholders
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