transaction

noun

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

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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Saturday brought a small flurry of transactions, as the Guardians and Diamondbacks made a trade and Paul Goldschmidt and Carlos Santana found 2025 homes. Keith Law, The Athletic, 22 Dec. 2024 Common issues include invoices being addressed to the wrong legal entity, missing postal addresses, incorrect purchase order numbers, or errors in the tax treatment of transactions. Aleksandra Bal, Forbes, 22 Dec. 2024 The regulators are not suing the other banks that co-own Zelle, noting that a bulk of the transactions involve the three banks being sued. Susan Tompor, Detroit Free Press, 20 Dec. 2024 These two stakes are much smaller in size, so these transactions could be made by Buffett’s investing lieutenants Todd Combs and Ted Weschler. Yun Li, CNBC, 20 Dec. 2024 See all Example Sentences for transaction 

Word History

First Known Use

1632, in the meaning defined at sense 1a

Time Traveler
The first known use of transaction was in 1632

Dictionary Entries Near transaction

Cite this Entry

“Transaction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transaction. Accessed 29 Dec. 2024.

Kids Definition

transaction

noun
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

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

More from Merriam-Webster on transaction

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