transaction

noun
trans·​ac·​tion | \ tran-ˈzak-shən How to pronounce transaction (audio) , 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 How to pronounce transaction (audio) , -​shə-​nᵊl , tran(t)-​ˈsak-​ \ adjective

Synonyms for transaction

Synonyms

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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 Or maybe your spider-sense starts to tingle at the very end of the transaction. Los Angeles Times, "Text this L.A. number to pick up your black-market pot pizza," 15 Apr. 2021 There are multiple ways this transaction can proceed, including: 1. Bernard May, Forbes, "It’s Time To Pay Attention To Offline Conversion Tracking," 12 Apr. 2021 His advice to owners who want to keep the cost of the transaction down? BostonGlobe.com, "MLS? FSBO? Swim with ease through the alphabet soup," 11 Apr. 2021 What wasn’t easy to predict, however, was how complicated this seemingly simple transaction could be. Robbie Shell, WSJ, "The Family Heirlooms That Our Children Don’t Want," 10 Apr. 2021 According to the singer’s plans, Akoin is envisioned not just as a cryptocurrency, but a means of transaction in a bigger business ecosystem that be a gateway for global brands to access the continent, and benefit Africans specifically. Kingsley Kobo, Quartz, "Akon wants to run a Senegal city on cryptocurrency—could it work?," 10 Apr. 2021 As part of the transaction, private equity firm The Carlyle Group is exiting its significant minority stake in Ithaca after initially investing in the company in 2017 by way of its Carlyle Partners VI fund. Patrick Brzeski, Billboard, "Scooter Braun Selling Ithaca Holdings to HYBE, Home of BTS," 2 Apr. 2021 Upon closing of the transaction, Ohio National will maintain its management team and brand, and will continue to be headquarteredin the Cincinnati region. Alexander Coolidge, The Enquirer, "Ohio National of Montgomery acquired by New York firm," 23 Mar. 2021 Broadridge acquired Itiviti, an electronics trading platform, from Nordic Capital in a $2.5 billion cash transaction. Lucinda Shen, Fortune, "Why are investors betting on WeWork again?," 29 Mar. 2021

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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Time Traveler for transaction

Time Traveler

The first known use of transaction was in 1632

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Statistics for transaction

Last Updated

19 Apr 2021

Cite this Entry

“Transaction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transaction. Accessed 19 Apr. 2021.

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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 How to pronounce transaction (audio) \

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- How to pronounce transaction (audio) \

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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