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

Ten months ago, when the Giants called Sandoval up to the majors, it was viewed as a nonsense transaction for a terrible team playing out the string in a lost season. Ann Killion, SFChronicle.com, "Sandoval’s return to Giants: From sentimental to genius," 22 June 2018 Prosecutors allege Pam bilked the estates of most of the proceeds from the sale of the Sanford Street home by arranging a sham transaction in which his then-girlfriend, Jasmin Deangelo, purportedly purchased the property for $140,000 in April 2015. Laura Crimaldi, BostonGlobe.com, "Pam family members go on trial for allegedly scamming elderly siblings out of Mattapan home," 13 July 2018 Weekly staff meetings need humor, and so do meals with friends and family, and transactions with clerks and servers. Brendan Leonard, Outside Online, "Learning to Be Funny," 9 July 2018 Yet as corruption continues to factor into almost all economic transactions here, the clamor for change keeps growing. Max Bearak, Washington Post, "Kenyans have had it with corruption. Their leaders may finally be doing something about it.," 13 July 2018 The transactions, some of which were disclosed in June, sparked criticism because Mr. Ross, as a high-ranking government official, could have access to inside information that would inform his trades. Dave Michaels, WSJ, "Wilbur Ross Sale to Cover Holdings Worth Potentially Tens of Millions," 13 July 2018 In a move that was expected and could prelude further transactions, the Bulls on Thursday announced the team waived guard Sean Kilpatrick. Malika Andrews, chicagotribune.com, "Bulls waive guard Sean Kilpatick," 12 July 2018 Researchers from Johns Hopkins and MIT, for example, are contributing to the development of ZCash, a cryptocurrency designed to offer fully anonymous digital transactions, something Bitcoin does not. Tom Simonite, WIRED, "How a Startup Is Using the Blockchain to Protect Your Privacy," 11 July 2018 The 19 year old, who was not involved with any phony cash transactions, cops say, was released from the Martin County Jail on $950 bond. Madeleine Marr, miamiherald, "She paid for her meal at Dunkin' Donuts, cops say. But there was a problem.," 6 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

18 Sep 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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to deposit or conceal in a hiding place

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