Definition, Meaning & Synonyms
transaction
noun
/trænˈzækʃən/
Definition
A transaction is an instance of buying or selling something, or any event that involves a change of ownership or a transfer of funds.
Examples
- She completed the transaction at the cashier’s desk.
- Online transactions are becoming increasingly popular.
- The bank offers different types of transaction accounts.
Meaning
The act of conducting business or trade, typically involving a transfer of money or goods.
Synonyms
- deal
- exchange
- trade
- operation
- transfer
