Sentence examples for devoid of transaction from inspiring English sources
Would a single global currency be the most dependable way to insure efficient trade or is a thousand floating currencies more efficient?Stephen Morris answers well, and includes an intruiging policy option:In a world devoid of transaction costs every person could have his or her own personal currency.
Mr. Summers said such transactions "are devoid of economic substance" and serve no purpose except avoiding taxes.
Mr. Summers said he agreed with that both as a matter of law and morality, but added that "we must draw the line at the pursuit of engineered transactions that are devoid of economic substance".
Elimination of transaction costs.
Date of transaction identifies when the transaction took place.
It says that if a transaction superficially follows all rules but is devoid of economic substance and produces tax savings Congress didn't intend, it can be considered a sham and disallowed.
The proposed union had been closely watched in a year largely devoid of major deal activity, to say nothing of big European transactions.
There is a tendency for managers to analyze actions such as acquisitions, mergers, transactions, and payments as if they are somehow devoid of any ethical or human dimensions that they are strictly business.
This means that the process of marketization might not necessarily be associated with market transactions' depersonalization or social disembedding, and instead development may be hindered if the market is devoid of social bonds and social virtue.
