September 02, 2021
Learner's Word of the Day
transaction /trænˈzækʃən/ noun
transaction
/trænˈzækʃən/
noun

plural transactions

An ATM transaction
An ATM transaction
Learner's definition of TRANSACTION

[count]

1 : a business deal : an occurrence in which goods, services, or money are passed from one person, account, etc., to another

  • business/commercial transactions

  • The entire transaction took place over the phone.

  • a real estate transaction

  • a record of your recent banking transactions

  • electronic transactions

[noncount]

2 : the act or process of doing business with another person, company, etc. : the act or process of transacting business

  • the transaction of business over the phone

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