Nonreciprocal Transfer
Barron's Accounting Dictionary:
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Nonreciprocal Transfer
1. transfer of assets or services from a business to its owners or to another entity, or vice versa.
2. exchange of dissimilar assets in a nonmonetary transaction.
See also nonmonetary exchange.
| Nonpublic Company, Nonprofit Organization, Nonprofit Accounting | |
| Nonrecurring, Nonroutine Decision, Nontaxable Gross Income |
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Nonreciprocal Transfer
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Barron's Accounting Dictionary
Dictionary of Accounting Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.
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