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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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

Gannett anticipates the transaction will be accretive in the first full year of operations. — Staff, USA TODAY, "Gannett Completes Acquisition of WordStream," 2 July 2018 Raycom said the transaction is subject to closing conditions and regulatory approvals but the deal is expected to close in the fourth quarter of 2018. — Sarah Brookbank, Cincinnati.com, "Fox19 parent company Raycom to be sold for $3.6 billion," 25 June 2018 The transaction would be as quick as a click on a mouse, but no bank would touch it. — Glenn Kessler, Washington Post, "Trump’s claim that an Obama administration effort on Iran was ‘totally illegal’," 8 June 2018 Treasury officials concluded that the transaction was legal. — Maegan Vazquez, CNN, "Portman wants GOP report on Iran to shape future Iran, North Korea agreements," 7 June 2018 Instead, the account is tied to your iPhone/Apple ID and generates a unique number for every single transaction (unclear how this will integrate with online purchases where those are required fields and Apple Pay is not yet an option). — Andrew Moseman, Popular Mechanics, "Apple Is a Credit Card Company Now," 25 Mar. 2019 Together, these transactions were the culmination of perhaps the most audacious and far-reaching conspiracies in U.S. political history. — Andrew Coan, WSJ, "Why Robert Mueller’s Predecessors Usually Didn’t Prevail," 25 Jan. 2019 These all-cash transactions began relatively small. — Jonathan O’connell, The Seattle Times, "Donald Trump’s decade-long buying spree defied norms and tapped an unusual source," 8 Oct. 2018 In most cases, these transactions will be conducted by our third-party partners and vendors. — sandiegouniontribune.com, "San Diego Union-Tribune Terms of Service," 25 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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Dictionary Entries near transaction

transactional analysis

transaction tax

transadmittance

Statistics for transaction

Last Updated

17 Apr 2019

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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

See the full definition for transaction in the English Language Learners Dictionary

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