trans·ac·tion

[tran-sak-shuhn, -zak-]
noun
1.
the act of transacting or the fact of being transacted.
2.
an instance or process of transacting something.
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.

Origin:
1425–75; late Middle English < Latin trānsāctiōn- (stem of trānsāctiō) completion, transaction. See transact, -ion

trans·ac·tion·al, adjective
trans·ac·tion·al·ly, adverb
pre·trans·ac·tion, noun


2. deal, bargain, enterprise, venture, affair.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To transaction
00:10
Transaction is always a great word to know.
So is ort. Does it mean:
a scrap or morsel of food left at a meal.
a chattering or flighty, light-headed person.
Collins
World English Dictionary
transaction (trænˈzækʃən) [Click for IPA pronunciation guide]
 
n
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
 
trans'actional
 
adj
 
trans'actionally
 
adv

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History

transaction
c.1460, "the adjustment of a dispute," from M.Fr. transaction, from L. transactionem (nom. transactio) "an agreement, accomplishment," from transactus, pp. of transigere "accomplish, drive or carry through," from trans- "through" + agere "to drive" (see act). Meaning "a piece
of business" is attested from 1647. The verb transact is first recorded 1584.
Online Etymology Dictionary, © 2010 Douglas Harper
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FOLDOC
Computing Dictionary

transaction definition


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 http://foldoc.org
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Example sentences
Transcripts of surveillance recordings revealed a stark business transaction.
It is a business transaction whether it is a prescribed medication or not.
Consider transaction costs when buying and selling accommodations.
In that case you can use the economic principles of elasticity and transaction
  costs otherwise.
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