Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “transaction”


noun     /trænˈzækʃən/
[C] COMMERCE an occasion when someone buys or sells something: Users can now make financial transactions in euros . Customers worry about the security of online transactions. The settlement period of securities transactions in foreign markets may be longer than in domestic markets .conduct/make a transaction Credit-card holders made seven transactions on average during the last month .
[U] formal COMMERCE the process of doing business : The Government is determined to make the UK the best place for the transaction of e-business .
[C] IT a single action such as adding a sale or a new customer , which changes data in a computer database (= computer system containing a large amount of information ): The .LDF file tracks all the transactions made since the last backup .
→ See also related party transaction
(Definition of transaction noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of transaction

Definitions of “transaction” in other dictionaries

Word of the Day


a good knowledge of something, or the fact that you know it so well

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More