Intra-Company Rate
Type: noun
Pronunciation: /in-truh-kum-puh-nee-rayt/
Also spelled or known as: Internal Company Rate
Plural: Intra-Company Rates
Related: Transfer Pricing, Internal Accounting
What does Intra-Company Rate mean? A pricing or billing rate used for transactions between affiliated companies, subsidiaries, divisions, or related entities within the same corporate group.
In the music industry, intra-company rates may be used when one affiliated company provides recording, publishing, manufacturing, marketing, distribution, or administrative services to another affiliated entity.
Intra-Company Rate synonyms: Internal Company Rate, Intercompany Rate, Internal Billing Rate
Example sentence: “Manufacturing costs were billed using the agreed intra-company rate.”
PRE-ORDER RECORDING BUSINESS DICTIONARY