Counterpurchase

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Counterpurchase

Exchange of goods between two parties under two distinct contracts expressed in monetary terms.

Counterpurchase

An agreement between two persons or companies to buy goods or services from each other, usually at different times. For example, Company A may buy goods from Company B in March, and then sell different goods to Company B in April. Counterpurchases are made for the mutual benefit of both companies.

counterpurchase

see COUNTERTRADE.
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References in periodicals archive ?
* providing countertrade, offsets, or counterpurchases to secure large purchases.
The arrangements take two general forms - bartering and linked transactions, the latter being made up of counterpurchases, buybacks, and offsets.
Counterpurchases from Russian establishments are often for natural resources, e.g., oil, natural gas, timber, precious metals, or vodka.
Counterpurchases are similar to offset arrangements.
Subsidiary #1 sells those goods, counterpurchases local sourced food stuffs, and ships those goods to Subsidiary, #2 located in Germany.
At Point of Counterpurchase. If revenue is not recognizable at the point of the original sale for the parent corporation, does the completing of the purchase requirement fulfill the revenue recognition criteria?