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[tran-sak-shuh n, -zak-] /trænˈsæk ʃən, -ˈzæk-/
the act of transacting or the fact of being transacted.
an instance or process of transacting something.
something that is transacted, especially a business agreement.
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.
transactions, the published records of the proceedings, as papers read, addresses delivered, or discussions, at the meetings of a learned society or the like.
Origin of transaction
late Middle English
1425-75; late Middle English < Latin trānsāctiōn- (stem of trānsāctiō) completion, transaction. See transact, -ion
Related forms
transactional, adjective
transactionally, adverb
pretransaction, noun
2. deal, bargain, enterprise, venture, affair. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for transaction
  • It is a business transaction whether it is a prescribed medication or not.
  • Transcripts of surveillance recordings revealed a stark business transaction.
  • Consider transaction costs when buying and selling accommodations.
  • The optimal energy policy is one that separates the grid from the commercial business transaction.
  • The takeover will be the biggest such transaction in the oil industry in several years.
  • Another week, another transaction involving a for-profit online college.
  • His central insight was that firms exist because going to the market all the time can impose heavy transaction costs.
  • Each transaction is sent through a bank verification process.
  • These smart markets will reduce the transaction costs to near zero.
  • And if they don't, it doesn't matter: the transaction still works with a single card.
British Dictionary definitions for transaction


something that is transacted, esp a business deal or negotiation
the act of transacting or the state of being transacted
(pl) the published records of the proceedings of a society, conference, etc
(in business computing) the act of obtaining and paying for an item or service
(in general computing) the transmission and processing of an item of data
Derived Forms
transactional, adjective
transactionally, adverb
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for transaction

mid-15c., "the adjustment of a dispute, a negotiated agreement," from Middle French transaction, from Latin transactionem (nominative transactio) "an agreement, accomplishment," from past participle stem of transigere "accomplish, drive or carry through," from trans- "through" + agere "to drive" (see act). Meaning "a piece of business" is attested from 1640s.

Online Etymology Dictionary, © 2010 Douglas Harper
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transaction in Technology

A unit of interaction with a DBMS or similar system. It must be treated in a coherent and reliable way independent of other transactions. See atomic.

The Free On-line Dictionary of Computing, © Denis Howe 2010
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