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related-party transactions (DEFINITION of "Related-Party Transaction" A business deal or arrangement between two parties who are joined by a special relationship prior to the deal. For example, a business transaction between a major shareholder and the corporation, such as a contract for the shareholder's company to perform renovations to the corporation's offices, would be deemed a related-party transaction. Read more:  investopedia.com Alexander Demidov) | |||
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