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    Transacción (en. Transaction)

    /transak'sjon/

    Meaning & Definition

    EnglishSpanish
    noun
    Act of negotiating or exchanging goods, services, or rights.
    The transaction took place at the seller's house.
    La transacción se llevó a cabo en la casa del vendedor.
    Operation that involves an economic exchange.
    The transaction was recorded in the accounting system.
    La transacción fue registrada en el sistema contable.
    Agreement between two or more parties.
    Both parties signed the purchase-sale transaction.
    Ambas partes firmaron la transacción de compra-venta.

    Etymology

    From Latin 'transactio', which means 'the act of carrying out'.

    Common Phrases and Expressions

    To make a transaction
    To conduct an exchange or business operation.
    hacer una transacción
    Commercial transaction
    Exchange of goods or services that involves monetary compensation.
    transacción comercial
    Financial transaction
    Operation that involves the flow of money between two parties.
    transacción financiera

    Related Words

    Negotiation
    Process by which two or more parties discuss and reach an agreement.
    negociación
    Contract
    Legal agreement between two or more parties that creates obligations.
    contrato
    Agreement
    Consent between parties on a topic or business.
    acuerdo

    Slang Meanings

    Closing a deal in the business field.
    We managed to close the transaction before the deadline.
    Logramos cerrar la transacción antes de la fecha límite.
    Refers to a quick deal or agreement.
    That transaction was quick; it barely took us five minutes.
    Esa transacción fue rápida, apenas tomamos cinco minutos.