transaction

noun

trans·​ac·​tion tran-ˈzak-shən 

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-sh(ə-)nəl 

tran(t)-ˈsak-

adjective

Synonyms of transaction

• sale

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

In the third quarter of 2025, there were 96 M&A transactions in the crypto industry for a total of more than $10 billion, according to a recent report from Architect Partners, a crypto M&A advisory and financing firm. —Ben Weiss, Fortune, 21 Nov. 2025

Glatt has over 25 years of experience in private practice and in-house at one of the world’s largest alternative asset managers, with a particular focus on complex transactions, strategic product innovation and capital raising for asset management firms and financial institutions. —Joseph Glatt, Sportico.com, 21 Nov. 2025

According to the National Association of Realtors — a trade association that represents more than 200,000 real estate professionals nationwide — 71% of its members with less than two years of experience in the residential real estate market made fewer than five transactions last year. —Max Klaver, Miami Herald, 21 Nov. 2025

Neither card charges foreign transaction fees. —Meghan Hunter, CNBC, 21 Nov. 2025

Word History

First Known Use

1632, in the meaning defined at sense 1a

Rhymes for transaction

• abstraction
• attraction
• compaction
• contraction
• detraction
• diffraction
• distraction
• exaction
• extraction
• impaction
• inaction
• infraction

Kids Definition

transaction

noun

trans·​ac·​tion tran(t)s-ˈak-shən 

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- 

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