transaction

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

Definition of transaction

1a : 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
2a : 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

Other Words from transaction

transactional \ tran-​ˈzak-​shnəl How to pronounce transaction (audio) , -​shə-​nᵊl , tran(t)-​ˈsak-​ \ adjective

Synonyms for transaction

Synonyms

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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
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Recent Examples on the Web Once the transaction has been approved the release line will provide you with a code to remove the boot. Madalyn Amato, Los Angeles Times, 19 Nov. 2021 The offer is limited to one transaction per customer and for U.S. legal residents over 18. Kelly Tyko, USA TODAY, 18 Nov. 2021 Endeavor was represented in the transaction by Raine Group. Cynthia Littleton, Variety, 18 Nov. 2021 His purchase wound up being the highest recorded sale price for any MLS transaction in Turks and Caicos since 2015, and the highest-ever sale in the area of Long Bay. Dave Quinn, PEOPLE.com, 16 Nov. 2021 In comparison, transaction prices were about $2,300 below MSRP in October 2019. Leada Gore | Lgore@al.com, al, 16 Nov. 2021 In some extreme cases, Knuth says entire parts of a real estate transaction can be left out of these interactions, such as skipping the title transfer. Kristina Mcguirk, Better Homes & Gardens, 16 Nov. 2021 Currently, a single Ethereum transaction consumes as much electricity as an average U.S. household uses in a workweek, boasting a carbon footprint of around 140,893 Visa credit card transactions or 10,595 hours of watching Youtube. Sophie Mellor, Fortune, 15 Nov. 2021 Records show that Ingersoll — to whom Greenberg had given a $48,000 contract to serve as a real estate advisor — was also involved in the transaction on behalf of the tax office. Jeff Weiner, orlandosentinel.com, 15 Nov. 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'transaction.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of transaction

1632, in the meaning defined at sense 1a

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Time Traveler for transaction

Time Traveler

The first known use of transaction was in 1632

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Dictionary Entries Near transaction

transactinide

transaction

transactional analysis

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Statistics for transaction

Last Updated

21 Nov 2021

Cite this Entry

“Transaction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transaction. Accessed 27 Nov. 2021.

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More Definitions for transaction

transaction

noun

English Language Learners Definition of transaction

: a business deal : an occurrence in which goods, services, or money are passed from one person, account, etc., to another
: the act or process of doing business with another person, company, etc. : the act or process of transacting business

transaction

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

Kids Definition of transaction

1 : a business deal
2 transactions plural : the record of the meeting of a club or organization

transaction

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

Legal Definition of transaction

1 : something transacted especially : an exchange or transfer of goods, services, or funds
2a : 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

Nglish: Translation of transaction for Spanish Speakers

Britannica English: Translation of transaction for Arabic Speakers

Britannica.com: Encyclopedia article about transaction

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