Betekenis van:
business relationship
business relationship
Zelfstandig naamwoord
- a formal contractual relationship established to provide for regular banking or brokerage or business services
Synoniemen
Hyperoniemen
Hyponiemen
Voorbeeldzinnen
- when establishing a business relationship;
- The main aspects of this business relationship consisted of:
- obtaining information on the purpose and intended nature of the business relationship;
- The parties also waived all reciprocal claims arising from their business relationship.
- The business relationship of BAWAG-PSK with Refco Group Ltd. LLC (hereafter Refco) [10] began in the year 1998 and lasted until October 2005. The main aspects of this business relationship consisted of:
- Indeed, they alleged that they risk retaliation from these suppliers and customers, including the possible termination of their business relationship.
- For these reasons they considered that there was a risk of retaliation by some of their clients, including the possible termination of their business relationship.
- Since the relationship between the supplier and the insolvent firm has a contractual basis, exceptionally the supplier may genuinely suffer from the loss of the business partner.
- By way of derogation from paragraphs 1 and 2, Member States may, in relation to life insurance business, allow the verification of the identity of the beneficiary under the policy to take place after the business relationship has been established.
- ‘business relationship’ means a business, professional or commercial relationship which is connected with the professional activities of the institutions and persons covered by this Directive and which is expected, at the time when the contact is established, to have an element of duration;
- Having regard to both the business-to-business relationship in the marketing of livestock feed and the relationship between the producer and the purchaser of pet food, Codes of good labelling for these two areas could be a useful means of achieving the objectives of modern labelling.
- Member States shall require that the verification of the identity of the customer and the beneficial owner takes place before the establishment of a business relationship or the carrying-out of the transaction.
- (optional) use of open-source software: web server software, (optional) use of open-source software: ERP (Enterprise resource Planning) or CRM (Customer Relationship Management) applications for business process automation,
- Member States shall require that, where the institution or person concerned is unable to comply with points (a), (b) and (c) of Article 8(1), it may not carry out a transaction through a bank account, establish a business relationship or carry out the transaction, or shall terminate the business relationship, and shall consider making a report to the financial intelligence unit (FIU) in accordance with Article 22 in relation to the customer.
- France Télécom also undertook to provide funds for the withdrawal from the UMTS business, albeit only up to 31 December 2003 and for a total amount of EUR 370 million. The parties also waived all reciprocal claims arising from their business relationship.