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English definition of “transaction”

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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.
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(Definition of transaction from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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