Transaction

/trænˈzæk.ʃən/

Meaning & Definition

noun

An instance of buying or selling something; a business deal.

She completed the transaction at the store in just a few minutes.

The act of conducting business or exchanges between parties.

The transaction between the two companies was valued at over a million dollars.

A record of a financial exchange or business deal.

Every transaction is logged for accounting purposes.

From Latin 'transactionem', meaning 'a negotiating or managing'.

bank transaction

A financial exchange involving a bank.

online transaction

A transfer of funds or exchange conducted over the internet.

business transaction

Any deal made between two or more parties in a commercial context.

exchange

The act of giving one thing and receiving another.

commerce

The activity of buying and selling, especially on a large scale.

finance

The management of large amounts of money, especially by governments or large companies.

A quick deal

That was a fast transaction; we were in and out in a minute!

A shady deal

I heard there's always some sketchy transaction going on over there.