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-sh(ə-)nəl 

tran(t)-ˈsak-

adjective

Synonyms of transaction

• sale

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

When authorities checked security footage, staff were able to look up his transaction and identify him. —Christa Swanson, CBS News, 19 Dec. 2025

The transaction comes as Coty carries out a strategic review of its mass color cosmetics business, as well as its operations in Brazil, as announced in September. —Jennifer Weil, Footwear News, 19 Dec. 2025

There were more than 100 data center transactions in the first 11 months of the year, whose total value already exceeds all the deals done in 2024, according to S&P Global Market Intelligence data. —April Roach, CNBC, 19 Dec. 2025

More people own crypto, and because crypto transactions are irreversible, individuals and exchanges are increasingly becoming targets. —Andrew Nusca, Fortune, 19 Dec. 2025

Word History

First Known Use

1632, in the meaning defined at sense 1a

Rhymes for transaction

• abstraction
• attraction
• compaction
• contraction
• detraction
• diffraction
• distraction
• exaction
• extraction
• impaction
• inaction
• infraction

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