transaction

noun

trans·​ac·​tion tran-ˈzak-shən 

tran(t)-ˈsak-

1

a

: something transacted

especially : an exchange or transfer of goods, services, or funds

electronic transactions

b

transactions 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

transactional

tran-ˈzak-sh(ə-)nəl 

tran(t)-ˈsak-

adjective

Synonyms

• sale

Examples of transaction in a Sentence

The entire transaction took place over the phone.

a record of your recent banking transactions

the transaction of business over the phone

Recent Examples on the Web

According to Edmunds data, leases made up 70% of EV transactions in July, compared with 10% for the same month three years ago before the loophole went into place. —Susan Tompor, USA Today, 5 Sep. 2025

Now, government ethics experts and Democratic lawmakers are criticizing the family’s venture, citing potential conflicts of interest stemming from the Trumps’ regulatory influence and possible insider transactions. —semafor.com, 5 Sep. 2025

Welcome to Sportico’s transactions wire, a weekly rundown of personnel, partnerships, products and purchases across the sports business industry. —Sportico Staff, Sportico.com, 5 Sep. 2025

The transaction is expected to close in the fourth quarter of 2025 and is subject to customary regulatory approvals. —Thomas Waller, Footwear News, 5 Sep. 2025

Word History

First Known Use

1632, in the meaning defined at sense 1a

Rhymes for transaction

• abstraction
• attraction
• compaction
• contraction
• detraction
• diffraction
• distraction
• exaction
• extraction
• impaction
• inaction
• infraction

Kids Definition

transaction

noun

trans·​ac·​tion tran(t)s-ˈak-shən 

tranz-

1

a

: something transacted

especially : a business deal

b

plural : the record of the meeting of an organization

2

a

: an act, process, or instance of transacting

b

: an act of communication between two people who influence or change each other

Legal Definition

transaction

noun

trans·​ac·​tion tran-ˈzak-shən, -ˈsak- 

1

: something transacted

especially : an exchange or transfer of goods, services, or funds

2

a

: an act, process, or instance of transacting

b

: an action or activity involving two parties or things that reciprocally affect or influence each other

3

in the civil law of Louisiana : an onerous contract that is intended by the parties to prevent or end actual or possible litigation and in which they make reciprocal concessions compare accord, satisfaction