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transaction

Meaning in simple English, pronunciation and examples

Pronunciation: US /trænˈzækʃən/

Forms: transactions

transaction means: An act of buying or selling something, or carrying out a business deal.

noun

BUSINESS DEALB2

An act of buying or selling something, or carrying out a business deal.

  • The transaction is now complete.
  • Both sides signed the papers for the transaction.
  • The company records every sales transaction.

How to use it: transaction with someone (We completed the transaction with the supplier yesterday.)

Similar words: deal

Common phrases: business transaction, complete a transaction, sales transaction

ACCOUNT MOVEMENTB2

An act of moving money into or out of a bank account.

  • This transaction moved money into my savings account.
  • Check your statement for any unfamiliar transactions.
  • The bank cancelled the transaction before the money left my account.

Similar words: transfer

Common phrases: bank transaction, online transaction, transaction history

EXCHANGEC1

An exchange of things, money, or ideas between people, or an interaction between them.

  • They viewed the gift exchange as a transaction.
  • The study examines social transactions between neighbours.
  • Each transaction involved an exchange of ideas.

How to use it: transaction between A and B (Each conversation is a transaction between two people.)

Similar words: exchange, interaction

Common phrases: social transaction, transaction between people, exchange transaction

Questions about transaction

What does transaction mean?

An act of buying or selling something, or carrying out a business deal.

What is transaction in other languages?

Türkçe: işlem · Español: transacción · Français: transaction · Deutsch: Geschäft · Italiano: transazione · 日本語: 取引

How do you pronounce transaction?

It is pronounced /trænˈzækʃən/.

How do you use transaction in a sentence?

The transaction is now complete. Both sides signed the papers for the transaction.

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