rhizoverbBeta
DictionarytransactionExchange or deal
noun

transaction

tran-ZAK-shun/trænˈzækʃn/

An exchange or deal between people or systems.

The exchange of coins for the bowl completes the transaction.

Hands exchange a pottery bowl and coins across a counter, emphasizing the completed reciprocal business exchange.
Etymology
transLatinthrough, across
+actLatindrive; do, perform
+ionLatinaction or result

The image of “driving through” became carrying an affair through to settlement. Transaction first referred to a negotiated agreement or adjustment of a dispute, then to a completed or settled piece of business.

In context

Old Time Radio Researchers17:17
do you keep a record of every transaction I mean by that uh you record the name of every person who Cashes in Gold
Challenge of the Yukon - The Case of the Kind Hearted Killer

More examples

  • The bank recorded every transaction.
  • Several transactions failed during the outage.
  • Both parties approved the transaction.

Forms

transaction · transactions

Similar words

exchange
Exchange need not involve a formal business dealing.
deal
Deal emphasizes the arrangement or agreement rather than the completed business action.