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Our Word of the day is pinguid: of the nature of or resembling fat; oily …

transaction Pronunciation: /tranˈzakʃ(ə)n, trɑːn-, -ˈsak-/

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Definition of transaction

noun

  • 1an instance of buying or selling something: in an ordinary commercial transaction a delivery date is essential
  • [mass noun] the action of conducting business: the transaction of government business
  • an exchange or interaction between people: intellectual transactions in the classroom
  • 2 (transactions) published reports of proceedings at the meetings of a learned society.
  • 3an input message to a computer system dealt with as a single unit of work: [as modifier]: transaction processing

Derivatives

transactional

adjective

transactionally

adverb

Origin:

late Middle English (as a term in Roman Law): from late Latin transactio(n-), from transigere 'drive through' (see transact)

transaction in other Oxford dictionaries

Definition of transaction in US English dictionary