sham transaction

English - Turkish

Definition of sham transaction in English Turkish dictionary

Related Terms

sham transactions

(Ticaret) muvazaalı işlemler

sham transactions

(Ticaret) sahte işlemler

English - English

Definition of sham transaction in English English dictionary

A transaction that is made to mislead or deceive others : a transaction having no economic effect that is made to create tax benefits. "The Internal Revenue Service may deny tax benefits for sham transactions."

Hyphenation

sham trans·ac·tion

Turkish pronunciation

şäm tränzäkşın

Pronunciation

/ˈsʜam tranˈzaksʜən/ /ˈʃæm trænˈzækʃən/