Definition of Transaction:
General: An agreement, contract, exchange, understanding or transfer of money or property between two or more parties that gives rise to legal liability. It is also called reservation or reservation.
Accounting: Events that change assets, liabilities or equity accounts. The transaction is posted first in the journal and then in the general ledger.
Bank: Activities related to bank accounts through the account holder or at his request.
Counting: An event or process (e.g., an input message) that was initiated by a user or computer program or considered a unit of work and created a data set for processing in a database Is required. In a secure transaction (see ACID Quality), such an incident is seen as a unit of work and should be either fully processed or rejected as a failed transaction.
Trade: Exchange of goods or services between buyer and seller. Each transaction consists of three components: (1) transfer of goods / services and money, (2) transfer of ownership, which may or may not be accompanied by transfer of ownership, and (3) transfer of exchange rights.
Synonyms of Transaction
Measure, Protocol, Work, Business, Negotiation, Covenant, Performance, Minutes, Union contract, Annals, Collective agreement, Hand, Proceedings, Agreement, Employment contract, Binding agreement, Package deal, Management, Act, Go, Covenant of salt, Undertaking, Thing, Job, Accomplished fact, Concernment, Doing, Execution, Fait accompli, Operation, Accomplishment, Dealings, Administration, Bargain, Endeavor, Step, Mutual agreement, Carrying out, Effort, Contract, Fulfillment, Stroke, Matter, Thing done, Dispatch, Turn, Coup, Exploit, Commercial transaction, Convention, Passage, Res gestae, Records, Business deal, Formal agreement, Paction, Understanding, Dicker, Adventure, Blow, Gest, Proceeding, Cartel, Maneuver, Action, Move, Enforcement, Handiwork, Feat, Discharge, Deed, Achievement, Deal, Prosecution, Ironclad agreement, Completion, Legal contract, Dealing, Conduct, Consortium, Arrangement, Compact, Promise, Concern, Accord, Transactions, Effectuation, Implementation, Affair, Observance, Stunt, Stipulation, Wage contract, Interest, Enterprise, Works, Acta, Valid contract, Production, Goings-on, Commission, Handling, Overt act, Tour de force, Enactment, Pact, Legal agreement, Perpetration, Bond, Doings
How to use Transaction in a sentence?
- When one person sells something to another, there is a possibility of getting involved in some kind of business.
- I'm talking to my team and to the Raptors about who I'm talking to.
- I paid the band for my daughter's wedding, and when they separated, I lost all my money because the transaction was non-refundable.
Meaning of Transaction & Transaction Definition