Intercompany in a Sentence?

The parent company had to provide against the intercompany debt that arose from funds lent to keep the business going. Intercompany sales or loans can be used to switch profits from one country to another.

What is intercompany in simple words?

: occurring or existing between two or more companies intercompany loans.

Is intercompany a word?

From Longman Business Dictionaryˈinter-ˌcompany (also intercompany American English) adjective [only before a noun] involving two or more companiesMany Japanese concerns have close links to suppliers and distributors and these intercompany relationships help keep costs down.