rekstrartengdir
Rekstrartengdir is a term found in Icelandic-language business writing used to describe entities that are connected through operating relationships rather than through ownership. It is not part of international accounting standards and does not have a single, universally accepted definition; rather, its meaning varies by author and context, appearing most often in discussions of corporate ecosystems, governance, and interdependencies.
Origin: The word combines rekstur, meaning operation or management, with tengdir, meaning related or connected. The
In practice, rekstrartengdir can describe suppliers, subcontractors, or business units that share operations, systems, or management
Examples: a manufacturer and its contract producers colocated in the same facility; a retailer and its distribution
Related concepts include related parties, intercompany arrangements, transfer pricing, and supply-chain integration. Rekstrartengdir is most often