Dictionary
transaction
noun trans·ac·tion \tran-ˈzak-shən, tran(t)-ˈsak-\
: 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
Full Definition of TRANSACTION
1
a : something transacted; especially : an exchange or transfer of goods, services, or funds <electronic transactions> b 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
— trans·ac·tion·al \-shnəl, -shə-nəl\ adjective
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First Known Use of TRANSACTION
1632
Other Business Terms
Rhymes with TRANSACTION
abstraction, attraction, bolt-action, class action, compaction, contraction, cross action, detraction, diffraction, distraction, exaction, extraction, impaction, inaction, infraction, job action, live-action, olfaction, protraction, reaction, redaction, refraction, retraction, stop-action, subtraction
TRANSACTION Defined for Kids
transaction
noun trans·ac·tion \tran-ˈzak-shən\
Definition of TRANSACTION for Kids
1
: a business deal
2
transactions plural : the record of the meeting of a club or organization
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