transaction

noun
trans·​ac·​tion | \ tran-ˈzak-shən How to pronounce transaction (audio) , tran(t)-ˈsak- \

Definition of transaction

1a : 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
2a : 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

Other Words from transaction

transactional \ tran-​ˈzak-​shnəl How to pronounce transaction (audio) , -​shə-​nᵊl , tran(t)-​ˈsak-​ \ adjective

Synonyms for transaction

Synonyms

Visit the Thesaurus for More 

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 The transaction, which MaxLinear called transformational, would diversify its business and double its potential market to $15 billion. Mike Freeman, San Diego Union-Tribune, 5 May 2022 In almost every significant commercial real estate transaction, banks and other institutions like bridge lenders require an individual with a sizable net worth to guarantee the loan. Feras Moussa, Forbes, 3 May 2022 That transaction could yield its investors millions of dollars more in tax deductions—as well as scrutiny from the Internal Revenue Service. Richard Rubin, WSJ, 2 May 2022 Users must pay gas fees as part of the price for any Ethereum transaction, including that of NFTs. Taylor Locke, Fortune, 2 May 2022 The purchase of the California house was separate from a 2021 transaction in which BLM transferred money to a Canadian nonprofit – run by the wife of BLM co-founder Patrisse Cullors – to buy a $3 million house. Fox News, 29 Apr. 2022 That transaction removed Washington from the QB market and transformed the Colts from dealers to shoppers. Eric Branch, San Francisco Chronicle, 9 Mar. 2022 That transaction, with a French socialite, Isabelle de Rouvre, ended in litigation when de Rouvre sued Andrew for failing to pay the last installment of the purchase. Mark Landler, BostonGlobe.com, 16 Feb. 2022 In the case, the DC attorney general is alleging that the use of the inaugural committee's funds for that transaction, and for payments to the Trump Hotel that Racine describes as inflated, is a violation of DC's laws for non-profit spending. Tierney Sneed, CNN, 15 Feb. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'transaction.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of transaction

1632, in the meaning defined at sense 1a

Learn More About transaction

Time Traveler for transaction

Time Traveler

The first known use of transaction was in 1632

See more words from the same year

Dictionary Entries Near transaction

transactinide

transaction

transactional analysis

See More Nearby Entries 

Statistics for transaction

Last Updated

13 May 2022

Cite this Entry

“Transaction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transaction. Accessed 23 May. 2022.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

More Definitions for transaction

transaction

noun
trans·​ac·​tion | \ tran-ˈzak-shən How to pronounce transaction (audio) \

Kids Definition of transaction

1 : a business deal
2 transactions plural : the record of the meeting of a club or organization

transaction

noun
trans·​ac·​tion | \ tran-ˈzak-shən, -ˈsak- How to pronounce transaction (audio) \

Legal Definition of transaction

1 : something transacted especially : an exchange or transfer of goods, services, or funds
2a : 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

Nglish: Translation of transaction for Spanish Speakers

Britannica English: Translation of transaction for Arabic Speakers

Britannica.com: Encyclopedia article about transaction

WORD OF THE DAY

Test Your Vocabulary

Name That Color

  • a light greenish blue color
  • Name that color:
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Universal Daily Crossword

A daily challenge for crossword fanatics.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!