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

Keep scrolling for more

Other Words from transaction

transactional \ tran-​ˈzak-​shnəl How to pronounce transactional (audio) , -​shə-​nᵊl , tran(t)-​ˈsak-​ \ adjective

Synonyms for transaction

Synonyms

deal, sale, trade

Visit the Thesaurus for More 

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
See More

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.

See More

First Known Use of transaction

1632, in the meaning defined at sense 1a

Keep scrolling for more

Learn More about transaction

Statistics for transaction

Last Updated

17 Apr 2019

Look-up Popularity

Time Traveler for transaction

The first known use of transaction was in 1632

See more words from the same year

Keep scrolling for more

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

Keep scrolling for more

Comments on transaction

What made you want to look up transaction? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

an enemy or opponent

Get Word of the Day daily email!

Test Your Vocabulary

Name That Thing: Animal Edition

  • alt 5a023732e6f75
  • Name that animal:
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Citation

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!