transaction

noun

trans·​ac·​tion tran-ˈzak-shən 

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-shnəl 

-shə-nᵊl

tran(t)-ˈsak-

adjective

Synonyms

• deal
• sale
• trade

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

As the basic outline of the Skydance transaction has emerged, some shareholders have been quick to voice concerns that controlling shareholder Shari Redstone will be enriched in the deal at the expense of others. —Cynthia Littleton, Variety, 19 Apr. 2024

People would only be allowed to purchase one alcoholic beverage per transaction, and theaters must stop selling alcohol once the credits start rolling in for the last showing of the day. —Maysoon Khan, Quartz, 18 Apr. 2024

First Republic Bank, which handled the transaction, reports it to the Treasury Department as suspicious. —USA TODAY, 17 Apr. 2024

The transaction ends more than a decade of filings after Grant accused Murdoch’s now-defunct Sun of tapping his cell phone, bugging his car, and breaking into his apartment around 2011. —Kory Grow, Rolling Stone, 17 Apr. 2024

The goal is to make the process easier at scale by allowing a track with multiple rights holders to be cleared in a single transaction. —Glenn Peoples, Billboard, 16 Apr. 2024

Court documents say the fraudulent transactions took place between February 2023 and Dec. 6, 2023. —Kevin Grasha, The Enquirer, 16 Apr. 2024

Instead, transactions are confirmed by huge banks of computers, run by people called miners. —David Pogue, CBS News, 14 Apr. 2024

Instead of completing the transaction, the woman said she was robbed at Kiefer Boulevard and South Port Drive, near a residential area and a Shell gas station, deputies said. —Ishani Desai, Sacramento Bee, 6 Apr. 2024

Word History

First Known Use

1632, in the meaning defined at sense 1a

Kids Definition

transaction

noun

trans·​ac·​tion tran(t)s-ˈak-shən 

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- 

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