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transaction

American  
[tran-sak-shuhn, -zak-] / trænˈsæk ʃən, -ˈzæk- /

noun

  1. the act of transacting or the fact of being transacted.

  2. an instance or process of transacting something.

    Synonyms:
    affair, venture, enterprise, bargain, deal
  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.


transaction British  
/ trænˈzækʃən /

noun

  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

"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

Other Word Forms

  • pretransaction noun
  • transactional adjective
  • transactionally adverb

Etymology

Origin of transaction

First recorded in 1425–75; late Middle English, from Latin trānsāctiōn- (stem of trānsāctiō ) “completion, transaction”; see transact, -ion

Explanation

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.

Keep Reading on Vocabulary.com

Vocabulary lists containing transaction

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

What’s Next: The transaction values each TopBuild share at $505.

From Barron's • Apr. 20, 2026

The maximum cash proceeds will be capped in aggregate at 45% of the transaction consideration, the companies said.

From The Wall Street Journal • Apr. 20, 2026

If investors were more sure of the transaction, the combined value of the company would be up more like $3 billion to $4 billion.

From Barron's • Apr. 20, 2026

Nexstar disputed that in its statement saying, “this pro competitive transaction will make local stations stronger and support continued investment in local journalism and fact-based news.”

From The Wall Street Journal • Apr. 18, 2026

The principle of double entry is simple: every transaction is entered twice, as a credit and as a debit.

From "The Invention of Science" by David Wootton