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.
That rather leads the firm not just to be a systems of record and systems of transaction company (how the industry normally categorizes a core ERP player), but also a systems of operations specialist for real world factory floors. Adrian Bridgwater, Forbes.com, 26 June 2025 There are other ways to lower your transaction costs, too. Lew Sichelman, Miami Herald, 26 June 2025 Once the shopper selects an item to purchase the platform will direct them to the brand or retailer’s website to complete the transaction. Alexandra Pastore, Footwear News, 25 June 2025 The fact that the transaction takes place on the brand’s or retailer’s site, and not within Daydream, is one reason why Bornstein believes so many brands and multi-brand retailers are partnering from launch, but not the only one. Jason Del Rey, Fortune, 25 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 1 Jul. 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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