Autonomous transaction


 

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Autonomous transaction

In the balance of payments, a transaction that is not itself a result of actions taken officially to manage international payments; in contrast with accomodating transaction.



Similar Matches

Transaction value

Transaction value

The actual price of a product, paid or payable, used for customs valuation purposes.


Closing transaction

Closing transaction

Applies to derivative products. Buy or sell transaction that eliminates an existing position (selling a long option or buying back a short option). Antithesis of opening transaction.


Official reserve transactions

Official reserve transactions

Transactions by a central bank that cause changes in its official reserves. These are usually purchases or sales of its own currency in the exchange market in exchange for foreign currencies or other foreign-currency-denominated assets. In the balance of payments a purchase of its own currency is a credit (+) and a sale is a debit (-).


Intercompany transaction

Intercompany transaction

Transaction carried out between two units of the same corporation.


Transaction tax

Transaction tax

Applies mainly to international equities. Levies on a deal that foreign governments sometimes charge.


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