transaction
trans·ac·tion
noun \tran-ˈzak-shən, tran(t)-ˈsak-\Definition of TRANSACTION
1
a : something transacted; especially : an exchange or transfer of goods, services, or funds <electronic transactions> b plural : the often published record of the meeting of a society or association
2
a : an act, process, or instance of transacting b : a communicative action or activity involving two parties or things that reciprocally affect or influence each other
— trans·ac·tion·al \-shnəl, -shə-nəl\ adjective
Examples of TRANSACTION
- The entire transaction took place over the phone.
- a record of your recent banking transactions
- the transaction of business over the phone
First Known Use of TRANSACTION
1632
Other Business Terms
Rhymes with TRANSACTION
abstraction, attraction, bolt-action, class action, compaction, contraction, cross action, detraction, diffraction, distraction, exaction, extraction, impaction, inaction, infraction, job action, live-action, olfaction, protraction, reaction, redaction, refraction, retraction, stop-action, subtraction
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