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

Built-for-rent communities give them the option to add hundreds of brand new homes that are already leased and operational in one transaction, in cases where the builders want to sell. Jeff Andrews, Curbed, "A brand new single-family neighborhood, where every unit is a rental," 10 Sep. 2018 While Musk expressed confidence that Saudi Arabia's sovereign wealth fund was eager to finance the transaction, the Saudis were conspicuously silent on the topic. Timothy B. Lee, Ars Technica, "Analysis: Why Elon Musk abandoned his plan to take Tesla private," 25 Aug. 2018 The two met after arranging the transaction through OfferUp, an online marketplace, authorities said. Michael Williams, OrlandoSentinel.com, "Deputies arrest suspect in shooting at UCF-area apartment," 13 July 2018 Diverging so far in terms of products may help the transaction avoid the same level of regulatory scrutiny that undid Tan’s attempted Qualcomm purchase. Bloomberg, latimes.com, "Broadcom agrees to buy CA Technologies for $18.9 billion," 12 July 2018 Here, though, are some truths about the transaction. Tim Bontemps, chicagotribune.com, "Free agency has altered the Western Conference, but not enough to seriously threaten the Warriors," 5 July 2018 The revitalization of the company led to Dell and Silver Lake's decision to make the transaction to go public. Mike Snider, USA TODAY, "Dell set to become a public company with tracking stock buyout," 2 July 2018 The transactions made were less about adding George Hill than moving Isaiah Thomas and Derrick Rose. Rob Mahoney, SI.com, "Months Before LeBron's Free Agency, the Cavaliers Braced for the Worst," 29 June 2018 For prospective buyers, working with a MIBOR agent ensures access to the most up-to-date market information and skilled, knowledgeable guidance throughout the entire homebuying transaction. Shelley Specchio, Indianapolis Star, "Discovering Indianapolis’ vibrant neighborhoods: Hamilton County," 29 June 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

13 Nov 2018

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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