transaction

word

/tɹænˈzækʃən/
tran-ZAK-shuhn
/tɹænsˈækʃən/
tran-ZAK-shuhn

Definition

A transaction is an instance of buying, selling, or exchanging something, especially in business or finance. It usually involves a formal or recorded exchange of goods, services, or money.

Usage & Nuances

Formal and mostly used in business, banking, or technical contexts. Not used for personal interactions that aren't exchanges (e.g., don't say 'a transaction' for a casual favor). 'Financial transaction' refers specifically to the movement of money; 'business transaction' includes goods or services.

Example Sentences

Online transactions are becoming more common.

basic

Was your card charged twice for the same transaction?

natural

Each bank transaction shows up immediately in your account statement.

natural

They review all transactions at the end of each business day.

natural

The transaction was completed in just a few seconds.

basic

You need a receipt for every transaction in the store.

basic