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TOEFL IELTS BNC: 2065 COCA: 3813

transaction

noun

trans·​ac·​tion tran-ˈzak-shən How to pronounce transaction (audio)
tran(t)-ˈsak-
1
a
: something transacted
especially : an exchange or transfer of goods, services, or funds
electronic transactions
b
transactions plural : the often published record of the meeting of a society or association
2
a
: an act, process, or instance of transacting
b
: a communicative action or activity involving two parties or things that reciprocally affect or influence each other
transactional
tran-ˈzak-shnəl How to pronounce transaction (audio)
-shə-nᵊl
tran(t)-ˈsak-
adjective

Synonyms

Example Sentences

The entire transaction took place over the phone. a record of your recent banking transactions the transaction of business over the phone
Recent Examples on the Web Every transaction worked out so well and so smoothly. Amy Gamerman, WSJ, 20 Sep. 2022 The measure would create a fire district safety fund using a one-tenth of 1% increase in state transaction-privilege taxes, commonly called sales taxes, that would last from Jan. 1, 2023, to Dec. 31, 2042. Ryan Randazzo, AZCentral.com, 19 Sep. 2022 The distinction goes back to a Supreme Court case from the 1940s that established the Howey Test, which determines whether a contract or transaction is subject to securities law. Leo Schwartz, Fortune, 19 Sep. 2022 In exchange for keeping their entire commission, La Rosa agents pay a flat transaction fee for every sale, along with a monthly fee. Tim Barker, Orlando Sentinel, 16 Sep. 2022 Nearly every category of a retailer in the U.S. has a code, called a merchant category code, or MCC, that marks each credit card transaction. Max Zahn, ABC News, 13 Sep. 2022 Having had nothing to do with this transaction, your daughter need not be in a hurry to act on carrying it out. Jacobina Martin, Washington Post, 9 Sep. 2022 High costs and slow transaction times are currently two of the main issues users have with the Ethereum network. Reuters, NBC News, 9 Sep. 2022 When adjusted for special charges and transaction expenses, earnings are expected to be 65 cents per share, down from 80 cents per share in the third quarter of 2021. Lorraine Mirabella, Baltimore Sun, 8 Sep. 2022 See More

Word History

First Known Use

1632, in the meaning defined at sense 1a

Time Traveler
The first known use of transaction was in 1632

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