transaction processing Meaning in Cambridge Business English Dictionary
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Meaning of "transaction processing" - Business English Dictionary

transaction processing

noun [U]
 
 
IT the use of a computer system to organize transactions (= actions that change information) in a database
COMMERCE the system used by a company to deal with its sales: The Service Business Division is responsible for the group's transaction processing and information technology businesses.
(Definition of transaction processing from the Cambridge Business English Dictionary © Cambridge University Press)
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