transaction

US /trænˈsækʃən, -ˈzæk-/

UK /trænˈzækʃn/

B2

noun

  • An exchange in business usually involving money
  • An instance of buying or selling something; a business deal.
  • A sequence of indivisible operations performed as a single logical unit of work.
  • An exchange or interaction between people.

Examples

Transactions in land are frequently handled by an estate agent.

Electronic banking may make over-the-counter transactions obsolete.