transfer price definition
The price at which one division or subsidiary of a company transfers products to another division or subsidiary of the company.
The price at which one division or subsidiary of a company transfers products to another division or subsidiary of the company.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.