Definition

Relating to or occurring between different companies.

Example

The intercompany agreement outlined the terms of collaboration between the two firms.

Conversation

Have you heard about the new intercompany project they're launching?

Yeah, I read a bit about it; it sounds exciting!

I think it could really improve collaboration between teams.

Absolutely! It’s great to see companies working together like that.

Synonyms & Antonyms

Root Explanation

Intercompany → It is formed from "inter-" (meaning between) and "company" (from Old French *companie*, meaning a group of people or a partnership). The word "intercompany" refers to relationships or transactions that occur between different companies.

Memory Tip

Think of things happening 'between' ('inter-') different 'groups' ('company') — that's what intercompany means.

Visually Confused Words