Outrageously Funny Word Dictionary :: Externalization

👉 Externalization is a concept in accounting that refers to the process by which an organization transfers its assets and liabilities from one location to another, typically through transactions involving cash or other financial instruments. This process can involve the transfer of income, expenses, investments, and other resources between different locations. Internalization, on the other hand, is the reverse process of externalization, where the company moves its own assets and liabilities back to its original location. Internalization is often associated with the movement of cash or

externalization