Sentence examples for purpose of transactions from inspiring English sources
A report released over the weekend by a special committee of the board detailed the many byzantine accounting practices and complex financial instruments Enron used to mask the true purpose of transactions.
The paradigm of TCE expands to the inclusive paradigm of the Global Consumer Experience (GCE) which describes global experience as the core purpose of transaction and provides a theoretical understanding of how businesses, consumers, and other market actors co-create value through their interaction with each other on a global scale.
A participant in an alternative trading system that is designated as a contract market pursuant to section 7b 1 of this title is deemed a member of the contract market for purposes of transactions in security futures products through the contract market.
How? Through a new product called KYT — for Know Your Transaction — that Levin says provides real-time feedback on the underlying purpose of blockchain transactions and feeds into exchanges' transaction processing engines.
The purpose of financial transactions should be to enable the creation of goods and services.
Mr. Picard's complaint does not speculate about the purpose of the transactions.
October 1990: Price Waterhouse says BCCI may have "colluded with major customers to misstate or disguise real purpose of significant transactions".
To support its argument, Chase cites records obtained from the insurers in discovery, some of which make reference to the financial purpose of the transactions.
"The bank questioned neither the economic purpose of the transactions, the procedure involved, nor the substantial amount that remained in the personal account," Finma said.
So that banks can continue to serve customers, the law instructs regulators to allow certain forms of nonproprietary trading, including "market making," in which banks can buy and sell securities, but only for the purpose of facilitating transactions for clients.
He said that the same day he repaid the money to the president Agapito Iglesias, insisting that he did not know the purpose of the transactions but assumed it was to do with club business.
