transaction Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "transaction" - Business English Dictionary

See all translations

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 from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of transaction?
Add Cambridge dictionaries to your browser to your website

Definitions of “transaction” in other dictionaries

Word of the Day
lap

to go past someone in a race who has been round the track one less time than you

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More