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 Word Forms

• 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

After The Times raised questions about those transactions, the outside consultant that handled LACAHSA’s CEO search said it did not research individual deals, which it said was beyond the scope of its responsibilities.

From Los Angeles Times

During this period, gold transactions would only be carried out in Ghana cedis, the local currency, and priced based on the Bank of Ghana rates.

From BBC

For some, the situation brings back painful memories from 2016 when another popular financial scheme, called MMM, froze its transactions, leaving many investors heartbroken.

From BBC

Mr Nolan said there had only been 34 transactions on the coin, which would have led to a profit of about £225.

From BBC

In emails seen by the BBC, Adam is asked to explain why his "average transaction value" is "very low" and his use of a certain procedure is also "very low".

From BBC

Related Words

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