transaction

noun
trans·​ac·​tion | \ tran-ˈzak-shən, 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

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Other Words from transaction

transactional \ tran-​ˈzak-​shnəl , -​shə-​nᵊl, tran(t)-​ˈsak-​ \ adjective

Synonyms for transaction

Synonyms

deal, sale, trade

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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
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Recent Examples on the Web

The exhibition highlights that royal marriages were strategic transactions involving power play and transfer of property. Sharmila Mukherjee, The Seattle Times, "SAM’s ‘Peacock in the Desert’ opens the doors of our perception to the marvelous," 2 Jan. 2019 Last quarter, Brandless customers made an average of 1.34 transactions. Rani Molla, Recode, "Brandless wants to create the next great consumer packaged goods brand — but it hasn’t built customer loyalty yet," 18 Oct. 2018 Financial economists were concerned with accurately measuring the cost of transactions that would happen in the future. Mary Williams Walsh, BostonGlobe.com, "Jeremy Gold, 75, actuary who warned of pension crisis," 14 July 2018 The deal is being reviewed by the Committee on Foreign Investment in the United States, made up of senior federal officials who consider the potential national security risks of transactions involving foreign companies. New York Times, "Kushner’s Firm Deepens Ties to Those With Business in Washington," 11 July 2018 Between them, the U.K. and U.S. process over half the daily average market transactions in foreign-exchange instruments, according to the most recent BIS data. Mike Bird, WSJ, "The Twilight Trading Hour Strikes Currency Markets Again," 3 Jan. 2019 Like most transactions in the for-profit world, the DeVry deal has received little public scrutiny even though millions of dollars in federal financial aid are at stake. Collin Binkley, The Seattle Times, "Little scrutiny in DeVry sale, as DeVos targets protections," 1 Oct. 2018 Infowars had used PayPal to process transactions for its on-site store; the site will have ten days to find a new payment processors. Russell Brandom, The Verge, "PayPal bans Infowars for promoting hate," 21 Sep. 2018 The indictment released Friday said that the agents handled the most delicate transactions with the cryptocurrency Bitcoin. Mark Mazzetti, New York Times, "12 Russian Agents Indicted in Mueller Investigation," 13 July 2018

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.

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First Known Use of transaction

1632, in the meaning defined at sense 1a

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Statistics for transaction

Last Updated

23 Jan 2019

Look-up Popularity

Time Traveler for transaction

The first known use of transaction was in 1632

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More Definitions for transaction

transaction

noun

English Language Learners Definition of transaction

: a business deal : an occurrence in which goods, services, or money are passed from one person, account, etc., to another

: the act or process of doing business with another person, company, etc. : the act or process of transacting business

transaction

noun
trans·​ac·​tion | \ tran-ˈzak-shən \

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- \

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

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Comments on transaction

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