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English definition of “transaction”

transaction

noun [C or U] uk   /trænˈzæk.ʃən/ us  
C1 an occasion when someone buys or sells something, or when money is exchanged or the activity of buying or selling something: a business transaction Each transaction at the foreign exchange counter seems to take forever. We need to monitor the transaction of smaller deals.
(Definition of transaction from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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