transaction

noun

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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 Trump admitted these transactions were also improper. — BostonGlobe.com, "As part of the settlement, Donald Trump Jr. reimbursed the Trump Foundation for the cost of the portrait.," 8 Nov. 2019 Trump admitted these transactions were also improper. — chicagotribune.com, "President Donald Trump ordered to pay $2 million to settle suit alleging misuse of charitable foundation for personal gain," 7 Nov. 2019 The 10-cent fee -- and maximum of 50 cents per transaction -- was included in the plastic bag ban that went into effect Sept. 15. — Aubrey Wieber, Anchorage Daily News, "Anchorage Assembly rejects major change to law banning single-use plastic bags," 6 Nov. 2019 Businesses offer products and services in exchange for money in voluntary transactions. — Kevin D. Williamson, National Review, "Don’t Run a Government Like a Business," 15 Oct. 2019 Why these apparently routine transactions raised such concerns is unclear. — The Economist, "Raids and arrests cast doubt on the Holy See’s clean-up," 10 Oct. 2019 Nonetheless, there is now a limit on cash out facility of 100 Zimbabwean dollars per transaction down from a previous limit of Z$500 while the existing operational cash limit remains the same. — Farai Shawn Matiashe, Quartz Africa, "Zimbabwe’s central bank has reversed its ban on mobile money-for-cash transactions," 3 Oct. 2019 And no one is feeling the pinch more than Houston, where the average ATM fees are the highest in the country, coming in at $5.58 per transaction. — Chris Morris, Fortune, "Average ATM Withdrawal Fees Hit $4.72 — and They’re Going Higher," 2 Oct. 2019 Records reveal Murphy acquired the two-parcel complex in two separate transactions — the first in 2011, the second in 2012 — for a total of about $19.5 million. — Variety.com, The Mercury News, "Photos: Ex-Facebook VP asks $35 million for major-league Silicon Valley mansion," 12 Sep. 2019

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

13 Nov 2019

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

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