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 transactional (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 Adam Pettyjohn went from the Giants to A’s in 2004 but the transaction was considered a straight purchase rather than a trade. Susan Slusser, SFChronicle.com, "Burch Smith acquired in rare A’s/Giants deal, says ‘Maybe it’s a good omen’," 16 Feb. 2020 Smith-DeJoseph used the church’s money to carry out 2,718 transactions on PayPal totaling $266,600; $5,840 worth of spending on the women’s fashion site ASOS.com, 805 purchases on Amazon totaling $22,800 and more. Fox News, "NJ church volunteer accused of embezzling over $500G for online shopping," 14 Feb. 2020 SoftBank’s outsize transactions in tech companies have raised questions about valuations and whether some firms in its portfolio have too much money. John Detrixhe, Quartz, "SoftBank led 25% of the UK’s fintech investment last year," 14 Feb. 2020 The data included more than 9,700 transactions and sales prices ranging from $1,800 to $690,000. Joe Guillen, Detroit Free Press, "Class action lawsuit filed over delayed Detroit property tax assessment notices," 14 Feb. 2020 The designation restricts foreign assistance, bans defense exports and sales, and limits financial transactions. Abdi Latif Dahir, BostonGlobe.com, "Sudan says it agrees to compensate families of USS Cole bombing," 13 Feb. 2020 There could be cases where merchants and customers carry out withdrawals and dishonestly contest transactions. Sangeeta Tanwar, Quartz India, "PhonePe’s bet on helping users access physical cash is fraught with risks," 13 Feb. 2020 Two unauthorized transactions were made at a business on West Little York in Houston, police said. Jennifer James, Houston Chronicle, "Fraud cases, counterfeit bills reported in Friendswood," 13 Feb. 2020 Closings are delayed because transaction departments need to produce the documents. oregonlive, "Portland-area homebuyers face even fewer choices as prices rise 2.5% over last year," 12 Feb. 2020

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

20 Feb 2020

Cite this Entry

“Transaction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transaction. Accessed 20 Feb. 2020.

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More Definitions for transaction

transaction

noun
How to pronounce transaction (audio)

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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