transaction

[ tran-sak-shuhn, -zak- ]

noun

1. the act of transacting or the fact of being transacted.
2. an instance or process of transacting something.

   Synonyms: affair, venture, enterprise, bargain, deal

3. something that is transacted, especially a business agreement.
4. Psychology. an interaction of an individual with one or more other persons, especially as influenced by their assumed relational roles of parent, child, or adult.
5. transactions, the published records of the proceedings, as papers read, addresses delivered, or discussions, at the meetings of a learned society or the like.

transaction

/ trænˈzækʃən /

noun

1. something that is transacted, esp a business deal or negotiation
2. the act of transacting or the state of being transacted
3. plural the published records of the proceedings of a society, conference, etc
4. (in business computing) the act of obtaining and paying for an item or service
5. (in general computing) the transmission and processing of an item of data

Derived Forms

• transˈactional, adjective
• transˈactionally, adverb

Other Words From

• trans·ac·tion·al adjective
• pre·trans·ac·tion noun

Word History and Origins

Origin of transaction¹

First recorded in 1425–75; late Middle English, from Latin trānsāctiōn- (stem of trānsāctiō ) “completion, transaction”; transact, -ion

Example Sentences

When Marie Antoinette, who had no knowledge of the transaction, was contacted about the absence of the final payment, the cardinal was arrested but declared innocent.

From BBC

It is only possible to book tickets from one departure town in a single transaction.

From BBC

“You may book up to 6 coach tickets per transaction,” the festival website says.

From BBC

Attorney Scott Rosenblum said in August that his client had won several casino jackpots and when he sought to collect them, the officer who would have supervised the transaction “needlessly” ran a search for warrants.

From Los Angeles Times

Last month two aspects of the Premier League’s associated party transaction rules - which regulate commercial deals involving clubs' owners - were deemed unlawful by a tribunal after being challenged by Manchester City, which has since threatened further legal action.

From BBC

Related Words

• action
• activity
• affair
• agreement
• bond
• business
• buying
• contract
• deal
• enterprise
• matter
• negotiation
• purchase
• sale
• selling