Est. 1828

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transaction

noun

trans·ac·tion tran-ˈzak-shən

tran(t)-ˈsak-

Synonyms of transaction

: something transacted

especially : an exchange or transfer of goods, services, or funds

electronic transactions

transactions plural : the often published record of the meeting of a society or association

: an act, process, or instance of transacting

: a communicative action or activity involving two parties or things that reciprocally affect or influence each other

transactional

tran-ˈzak-sh(ə-)nəl

tran(t)-ˈsak-

adjective

Synonyms

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Examples of transaction in a Sentence

The entire transaction took place over the phone.a record of your recent banking transactionsthe transaction of business over the phone

Recent Examples on the Web

Examples are automatically compiled from online sources to show current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.

The same algorithms that secure the Bitcoin Network are used to protect our web traffic (TLS/SSL), secure banking and financial transactions, and safeguard government and military communications.—Dave Birnbaum, Forbes, 26 Feb. 2025Amazon executive chairman Jeff Bezos, who signed off on the complex transaction that sees Broccoli and her half-brother, Michael Wilson, retaining a financial stake in the property, is keenly interested in how the tech giant can bring Bond into the digital age.—Tatiana Siegel, Variety, 26 Feb. 2025In a Wednesday statement, a U.S. Steel representative said the company has prioritized keeping employees informed about the transaction.—Maya Wilkins, Chicago Tribune, 26 Feb. 2025The transaction was unanimously recommended to the Charter board of directors for approval by a special committee composed of independent, disinterested directors and advised by independent financial and legal advisors.—Etan Vlessing, The Hollywood Reporter, 26 Feb. 2025See All Example Sentences for transaction

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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Rhymes for transaction

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Browse Nearby Entries

transactinide

transaction

transactional analysis

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Cite this Entry

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“Transaction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transaction. Accessed 2 Mar. 2025.

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Kids Definition

transactionnoun

trans·ac·tion tran(t)s-ˈak-shən

tranz-

: something transacted

especially : a business deal

plural : the record of the meeting of an organization

: an act, process, or instance of transacting

: an act of communication between two people who influence or change each other

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Legal Definition

transactionnoun

trans·ac·tion tran-ˈzak-shən, -ˈsak-

: something transacted

especially : an exchange or transfer of goods, services, or funds

: an act, process, or instance of transacting

: an action or activity involving two parties or things that reciprocally affect or influence each other

in the civil law of Louisiana : an onerous contract that is intended by the parties to prevent or end actual or possible litigation and in which they make reciprocal concessions compare accord, satisfaction