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

The most popular online dictionary and thesaurus for learners of English

Meaning of “transaction” in the English Dictionary

"transaction" in British English

See all translations

transactionnoun [C or U]

uk   us   /trænˈzæk.ʃən/
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 ​foreignexchangecounterseems to take ​forever. We need to ​monitor the transaction of ​smallerdeals.
More examples
(Definition of transaction from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"transaction" in Business English

See all translations

transactionnoun

uk   us   /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 ​settlementperiod of securities transactions in ​foreignmarkets may be ​longer than in ​domesticmarkets.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 ​singleaction such as ​adding a ​sale or a new ​customer, which ​changesdata in a ​computer database (= ​computersystem containing a large ​amount of ​information): The .LDF ​filetracks all the transactions made since the last ​backup.
(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
Word of the Day

autumnal

typical of autumn

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More