# transaction

Pronunciation: say "tran-ZAK-shuhn" /tɹænˈzækʃən/

## Noun

1. A deal or formal agreement made between parties doing business.
   - Simple: A deal between people or companies, like buying or selling something.
   - _The merger was completed in a single transaction worth millions._
   - _Both companies' lawyers reviewed the transaction before signing._
2. An exchange or trade of things such as ideas, money, or goods.
   - Simple: A trade where two sides swap things like money, goods, or ideas.
   - _The conversation became a transaction of ideas, each scholar offering a new perspective._
   - _Bartering is really a transaction without money changing hands._
3. The movement of money into, out of, or between accounts.
   - Simple: Money moving into or out of a bank account.
   - _The bank flagged a suspicious transaction on her debit card._
   - _Online transactions are usually processed within seconds._
4. Putting plans into effect or conducting business or negotiations.
   - Simple: The act of doing or carrying out business or plans.
   - _The transaction of government affairs requires careful record-keeping._
   - _She handled the transaction of the negotiations with great skill._
5. An operation that is guaranteed to complete entirely or not at all, such as a single database update.
   - Simple: A set of computer steps that all happen together, or none happen at all.
   - _The database wrapped the update in a transaction so a crash could not corrupt the records._
   - _If any step fails, the entire transaction is rolled back._
6. A unit of social interaction, such as an exchange between two people in conversation.
   - Simple: A small back-and-forth between people, like one person speaking and another answering.
   - _The therapist examined each transaction between the couple for hidden meaning._
   - _A friendly greeting and a warm reply make up a simple transaction._
7. A written account of the discussions and other proceedings at meetings of a learned society.
   - Simple: A written record of what happens at the meetings of a learned group.
   - _Her findings appeared in an early transaction of the learned society._
   - _Nineteenth-century transactions recorded debates that shaped modern science._

## Origin

Borrowed from Middle French transaction, which came from Old French transaccion, ultimately from Late Latin transactio.

Source: DictionaryAI, https://dictionaryai.com/define/transaction (written from Wiktionary data, CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/).
