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Glossary > R > "Reinvoicing center" Definition

Reinvoicing center

A central financial subsidiary used by an M.N.C. to reduce transaction exposure by having all home country exports billed in the home currency and then reinvoiced to each operating affiliate in that affiliates local currency. It can also be used as a netting center.

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Reinvoicing center - A central financial subsidiary used by an M.N.C. to reduce transaction exposure by having all home country exports billed in the home currency and then reinvoiced to each operating affiliate in that affiliates local currency. It can also be used as a netting center.

Reinvoicing center : a central financial subsidiary used by an m.n.c. to reduce transaction exposure by having all home country exports billed in the home currency and then reinvoiced to each operating affiliate in that affiliates local currency. it can also be used as a netting center.