transaction

A transaction is any kind of action involved in conducting business, or an interaction between people. When you go to the bank, fill out a form, and deposit your paycheck, you make a transaction.

An important business deal can be called a transaction, particularly the buying or selling of goods, but you can call any exchange with another person a transaction. There are transactions involving money, ideas, and even e-mail. The Latin root transactionem describes an agreement or accomplishment. This led to a mid-15th century version of transaction that described the adjustment of a dispute.

Definitions of transaction
1

n the act of transacting within or between groups (as carrying on commercial activities)

“no transactions are possible without him”
Synonyms:
dealing, dealings
Examples:
Seward's Folly
the transaction in 1867 in which the United States Secretary of State William Henry Seward purchased Alaska from Russia
Types:
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commerce, commercialism, mercantilism
transactions (sales and purchases) having the objective of supplying commodities (goods and services)
affairs
transactions of professional or public interest
operations, trading operations
financial transactions at a brokerage; having to do with the execution of trades and keeping customer records
transfer, transference
transferring ownership
exchange
the act of giving something in return for something received
business deal, deal, trade
a particular instance of buying or selling
downtick
a transaction in the stock market at a price below the price of the preceding transaction
uptick
a transaction in the stock market at a price above the price of the preceding transaction
borrowing
obtaining funds from a lender
rental, renting
the act of paying for the use of something (as an apartment or house or car)
trading
buying or selling securities or commodities
trade
the commercial exchange (buying and selling on domestic or international markets) of goods and services
e-commerce
commerce conducted electronically (as on the internet)
exchange, interchange
reciprocal transfer of equivalent sums of money (especially the currencies of different countries)
IPO, initial offering, initial public offering
a corporation's first offer to sell stock to the public
business, business enterprise, commercial enterprise
the activity of providing goods and services involving financial and commercial and industrial aspects
carriage trade
trade from upper-class customers
international affairs, world affairs
affairs between nations
alienation
(law) the voluntary and absolute transfer of title and possession of real property from one person to another
conveyance, conveyance of title, conveyancing, conveying
act of transferring property title from one person to another
quitclaim
act of transferring a title or right or claim to another
lease-lend, lend-lease
the transfer of goods and services to an ally to aid in a common cause
secularisation, secularization
transfer of property from ecclesiastical to civil possession
logrolling
act of exchanging favors for mutual gain; especially trading of influence or votes among legislators to gain passage of certain projects
arms deal
a deal to provide military arms
penny ante
a business deal on a trivial scale
pawn
borrowing and leaving an article as security for repayment of the loan
importation, importing
the commercial activity of buying and bringing in goods from a foreign country
exportation, exporting
the commercial activity of selling and shipping goods to a foreign country
marketing
the commercial processes involved in promoting and selling and distributing a product or service
distribution
the commercial activity of transporting and selling goods from a producer to a consumer
marketing, merchandising, selling
the exchange of goods for an agreed sum of money
traffic
buying and selling; especially illicit trade
defrayal, defrayment, payment
the act of paying money
evasion, nonpayment
the deliberate act of failing to pay money
politics
the activities and affairs involved in managing a state or a government
Type of:
group action
action taken by a group of people

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