TOP

Definition of transaction noun from the Oxford Advanced Learner's Dictionary

transaction

noun
 
 
/trænˈzækʃn/
 
/trænˈzækʃn/
jump to other results
  1.  
    [countable] transaction (between A and B) a piece of business that is done between people, especially an act of buying or selling synonym deal
    • financial transactions between companies
    • commercial transactions
    Extra Examples
    • Electronic banking may make over-the-counter transactions obsolete.
    • The president had entered into fraudulent property transactions.
    • The system records all transactions between the company and its suppliers.
    • Transactions in land are frequently handled by an estate agent.
    • Using the internet can significantly reduce transaction costs.
    • foreign currency transactions
    • transactions over the internet
    Topics Businessc1, Shoppingc1
    Oxford Collocations Dictionaryadjective
    • cross-border
    • international
    • private
    • …
    verb + transaction
    • carry out
    • conduct
    • do
    • …
    transaction + verb
    • proceed
    • take place
    transaction + noun
    • charges
    • cost
    preposition
    • transaction between
    • transaction over
    See full entry
  2. [uncountable] transaction of something (formal) the process of doing something
    • the transaction of government business
    Topics Businessc1
    3. Word Originlate Middle English (as a term in Roman Law): from late Latin transactio(n-), from transigere ‘drive through’, from trans- ‘through’ + agere ‘do, lead’.
See transaction in the Oxford Advanced American DictionarySee transaction in the Oxford Learner's Dictionary of Academic English
Check pronunciation: transaction

Nearby words

hide-and-seek
noun
 
 
From the Topic
Games and toys
C2
Oxford Learner's Dictionaries Word of the Day