transaction

noun

trans·​ac·​tion tran-ˈzak-shən How to pronounce transaction (audio)
tran(t)-ˈsak-
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
tran-ˈzak-sh(ə-)nəl How to pronounce transaction (audio)
tran(t)-ˈsak-
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 on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The Skydance transaction has been pending at the FCC since last fall, leaving Paramount executives in limbo. Meg James, Los Angeles Times, 14 June 2025 The latter, introduced in 2023 but previously stalled, aimed to boost credit card payment competition by requiring issuers to allow more than two networks (beyond mainly Visa and Mastercard) to process transactions. Kamaron McNair, CNBC, 13 June 2025 Scale will distribute proceeds from Meta’s investment to shareholders, and Meta will own 49 percent of Scale’s equity following the transaction. Ars Staff, ArsTechnica, 13 June 2025 The request asked the Treasury Department to search for possible illicit transactions in any bank accounts held in the United States by those on the list, according to documents seen by ProPublica. T. Christian Miller, ProPublica, 12 June 2025 See All Example Sentences for transaction

Word History

First Known Use

1632, in the meaning defined at sense 1a

Time Traveler
The first known use of transaction was in 1632

Cite this Entry

“Transaction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transaction. Accessed 17 Jun. 2025.

Kids Definition

transaction

noun
trans·​ac·​tion tran(t)s-ˈak-shən How to pronounce transaction (audio)
tranz-
1
a
: something transacted
especially : a business deal
b
plural : the record of the meeting of an organization
2
a
: an act, process, or instance of transacting
b
: an act of communication between two people who influence or change each other

Legal Definition

transaction

noun
trans·​ac·​tion tran-ˈzak-shən, -ˈsak- How to pronounce transaction (audio)
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

More from Merriam-Webster on transaction

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