Definition of transaction
1a : something transacted; especially : an exchange or transfer of goods, services, or funds electronic transactionsb transactions plural : the often published record of the meeting of a society or association
2a : an act, process, or instance of transactingb : a communicative action or activity involving two parties or things that reciprocally affect or influence each other
transactionalplay \-shnəl, -shə-nəl\ adjective
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
Charles Taylor was sentenced to 147 years in prison in the shooting death of Brian Cooper, 22, and the wounding of another man during a drug transaction in 2014.
In contrast, the value of EU transactions in China decreased for a fourth straight year to only 8 billion euros.
There are few barriers to participation aside from knowing how to conduct a Bitcoin transaction, and the space mostly lacks the robust independent analysis performed by underwriters in the IPO market, which can help tamp down overoptimism.
K2 and Ride could not be reached for comments or details on how the transaction will affect the companies.
State law requires township treasurer offices in Cook County to handle all financial transactions.
The Jefferson County grand jury decided there was not enough evidence for charges of prostitution and unlawful transactions with a minor against Katina Powell and Andre McGee.
The all-cash transaction has been approved by the board of directors of both companies and is expected to close in the 4th quarter of this year.
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
TRANSACTION Defined for English Language Learners
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
Definition of transaction for Students
1 : a business deal
2 transactions plural : the record of the meeting of a club or organization
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
Learn More about transaction
See words that rhyme with transaction Thesaurus: All synonyms and antonyms for transaction Spanish Central: Translation of transaction Nglish: Translation of transaction for Spanish speakers Britannica English: Translation of transaction for Arabic speakers Britannica.com: Encyclopedia article about transaction
Seen and Heard
What made you want to look up transaction? Please tell us where you read or heard it (including the quote, if possible).