transaction

noun trans·ac·tion \ tran-ˈzak-shən , tran(t)-ˈsak- \

|Updated on: 10 Jul 2018

Examples: transaction in a Sentence

Definition of transaction

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

play \tran-ˈzak-shnəl, -shə-nᵊl, tran(t)-ˈsak-\ adjective

See transaction defined for English-language learners

See transaction defined for kids

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 of transaction from the Web

The agreement will also see certain financial advisers at Weinstein Co. waive $1 million in fees relating to the transaction, according to the Hollywood Reporter.

— aric jenkins, Fortune, "Weinstein Co. Agrees to Deal With Unsecured Creditors, Setting Up Sale to Lantern Capital," 6 July 2018
Some consistent scoring from a central forward would push Sporting Kansas City into a top grade, and perhaps a summer transaction will remedy that.

— sam mcdowell, kansascity, "Sporting KC: Handing out midterm grades and a forecast for the second half," 3 July 2018
In the transaction the Orioles designated Parker Bridwell for assignment, while Fry spent two days with the major league club last year but didn't pitch.

— jon meoli, baltimoresun.com, "Orioles to add relievers Ryan Meisinger, Paul Fry to bullpen," 29 June 2018
The Ricketts family is interested in buying the Italian soccer club AC Milan, a source close to the potential transaction said.

— tim bannon, chicagotribune.com, "Ricketts family interested in buying AC Milan, source says," 22 June 2018
One was auctioned in 2014 for a world record $38 million, while another example considered to be one of the best was reportedly sold in a private transaction this year for $70 million.

— gary gastelu, Fox News, "1962 Ferrari 250 GTO expected to be auctioned for world record $45 million or more," 21 June 2018
Dimengo said that according to Ohio tax law, there does not ultimately have to be a taxable transaction for the item someone is claiming an exemption for.

— cincinnati enquirer, Cincinnati.com, "Cincinnati Reds argue in front of Ohio Supreme Court: No taxes on Reds bobbleheads," 13 June 2018
Over the course of a typical bank transaction, customers are unlikely to deal with a person at all.

— carolina a. miranda, The Atlantic, "The Unbearable Awkwardness of Automation," 13 June 2018
Police say the shooting occurred during a prearranged drug transaction.

— david owens, courant.com, "Hartford Man Pleads To Manslaughter In 2015 Drug Killing," 12 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.

First Known Use of transaction

1632

in the meaning defined at sense 1a

See Words from the same year

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transaction Synonyms

Synonyms

deal, sale, trade;

bargain, buy, steal;

purchase;

clearance, closeout, fire sale;

fair;

garage sale, rummage sale, tag sale, yard sale;

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

TRANSACTION Defined for English Language Learners

transaction

noun

Definition of transaction for English Language Learners

: 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 Defined for Kids

transaction

noun trans·ac·tion \ tran-ˈzak-shən \

Definition of transaction for Students

1 : a business deal

2 transactions plural : the record of the meeting of a club or organization

Law Dictionary

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

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