How is Financial Transaction defined in a legal contract?
- Financial Transaction means the purchase, redemption, exchange or any other focus on shares initiated by a user. Seen in 42 SEC filings.
- Financial Transaction means any arrangement from which a business anticipates receiving or transferring something of value. This may include transactions for purchase, sale, lease or other transfer of any interest in property. It can also refer to construction or improvement activities on a property, as well as procurement of personal and consulting services. Seen in 30 SEC filings.
- Financial Transaction means a transaction or activity conducted for profit and arising from the joint or partial ownership of any real or personal property, or commercial or business enterprise. Seen in 23 SEC filings.
- Financial Transaction means an entry or transaction causing movement of funds and affecting the balances in accounts, whether initiated manually, automatically, electronically or remotely. Seen in 19 SEC filings.
- Financial Transaction means the receipt, payment or transfer of money on behalf of a client or issuing instructions on behalf of a client in respect of the receipt, payment or transfer of money. Seen in 16 SEC filings.
- Financial Transaction means a loan, purchase, sale, or other type of transfer or exchange of money, goods, or other property, or services for value. Seen in 15 SEC filings.
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Financial Transaction means an initiated transfer, exchange, or movement of funds or assets conducted for value.
Relevant Contract Types
Relevant Circumstances
- When goods or services are transacted between parties.
- When there is a mutual agreement on the transfer of monetary value.
Relevant Sectors
Genie Definition 2
Financial Transaction means a purchase, sale, receipt, or payment of funds on behalf of a client.
Relevant Contract Types
Relevant Circumstances
- When funds are transacted on behalf of a third party.
- When there is an arrangement authorizing an entity to manage funds on behalf of a client.
Relevant Sectors
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Financial Transaction means an initiated transfer, exchange, or movement of funds or assets conducted for value.
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