Counterpurchase

(redirected from Counterpurchases)

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.
compensatory trade with the former Soviet Union takes the form of counterpurchases - sometimes called indirect compensation agreements.
Subsidiary #1 sells those goods, counterpurchases local sourced food stuffs, and ships those goods to Subsidiary, #2 located in Germany.