Definition of Intransit receipts

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TeachMeFinance.com - explain Intransit receipts



Intransit receipts

The term 'Intransit receipts' as it applies to the area of energy can be defined as ' Receipts of foreign gas for transportation across U.S. territory and redelivery to a foreign country, and redeliveries to the United States of U.S. gas transported across foreign territory'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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