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-shnəl How to pronounce transaction (audio)
-shə-nᵊl
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 The public disclosures required by the law, for all transactions over $1,000, generated an unintended class of products. Deirdre Walsh, NPR, 6 June 2024 To gain support from the Illinois Retail Merchants Association, a deal was struck to eliminate certain credit card fees, known as interchange fees, on the portion of transactions that includes sales tax and tips. Jeremy Gorner, Chicago Tribune, 5 June 2024 Residential transactions in Santa Clara and The Peninsula. Bay Area News Group, The Mercury News, 4 June 2024 For the year to date, growth in these transactions has been approximately 3.5%. Byeleanor Pringle, Fortune, 31 May 2024 See all Example Sentences for transaction 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'transaction.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1632, in the meaning defined at sense 1a

Time Traveler
The first known use of transaction was in 1632

Dictionary Entries Near transaction

Cite this Entry

“Transaction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transaction. Accessed 19 Jun. 2024.

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

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!