Identified Transaction

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Identified Transaction

Payment sent to a company with an invoice, computer matchcode or other clearly identifying information. Identified transactions help a company keep its records straight: that is, they reduce the chance that the company will think that payment was not made when it in fact was.
References in periodicals archive ?
The fund has an acquisition pipeline on 5 identified transactions with an asset value expected to exceed $600,000,000.
The taxpayer will agree to maintain records in respect of the identified transactions and issues.
The new complaint contains allegations similar to those contained in the existing Delaware complaint in connection with certain identified transactions.