transaction

noun

trans·​ac·​tion tran-ˈzak-shən How to pronounce transaction (audio)
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-shnəl How to pronounce transaction (audio)
-shə-nᵊl
tran(t)-ˈsak-
adjective

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 Based on analysis of individual investors’ brokerage-account trading activity, excluding transactions madethrough retirement accounts or investment advisers. Nov. 13Nov. Hannah Miao, WSJ, 21 Nov. 2023 Separate indictments specifically charge Zhao and former chief compliance officer Samuel Lim with allowing those illicit transactions to take place. Andy Greenberg, WIRED, 21 Nov. 2023 The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions and regulatory approvals. Marc Schneider, Billboard, 21 Nov. 2023 Here’s how the math often works out, but each transaction could be different. Bill Conerly, Forbes, 13 Nov. 2023 Since such transactions happen every day in our great land, prosecution under the Mann Act is highly selective. Louis Menand, The New Yorker, 13 Nov. 2023 House Republicans subpoenaed them on Wednesday as part of their investigation into a complicated web of transactions and relationships within the Biden family. Joshua Goodman, arkansasonline.com, 12 Nov. 2023 Lionsgate recently acquired certain assets of Entertainment One from Hasbro for $500 million, a transaction se to close later this year. Etan Vlessing, The Hollywood Reporter, 9 Nov. 2023 The auto dealers association calculates that more than half of electric vehicle transactions in the United States — excluding Teslas, which are not sold through traditional dealership models — are leased, a large jump from a year ago. Coral Davenport, New York Times, 8 Nov. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'transaction.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1632, in the meaning defined at sense 1a

Time Traveler
The first known use of transaction was in 1632

Dictionary Entries Near transaction

Cite this Entry

“Transaction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transaction. Accessed 30 Nov. 2023.

Kids Definition

transaction

noun
trans·​ac·​tion tran(t)s-ˈak-shən How to pronounce transaction (audio)
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- How to pronounce transaction (audio)
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

More from Merriam-Webster on transaction

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