TRANSACTION

transaction, dealing, dealings

(noun) the act of transacting within or between groups (as carrying on commercial activities); “no transactions are possible without him”; “he has always been honest is his dealings with me”

Source: WordNet® 3.1

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Etymology

Noun

transaction (plural transactions)

The act of conducting or carrying out (business, negotiations, plans).

A deal or business agreement.

An exchange or trade, as of ideas, money, goods, etc.

(finance) The transfer of funds into, out of, or from an account.

(computing) An atomic operation; a message, data modification, or other procedure that is guaranteed to perform completely or not at all (e.g. a database transaction).

(especially in plural) A record of the proceedings of a learned society.

(in transactional analysis) A social interaction.

Anagrams

• incantators

Source: Wiktionary

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Trans*ac"tion, n. Etym: [L. transactio, fr. transigere, transactum, to drive through, carry through, accomplish, transact; trans across, over + agere to drive; cf. F. transaction. See Act, Agent.]

1. The doing or performing of any business; management of any affair; performance.

2. That which is done; an affair; as, the transactions on the exchange.

3. (Civil Law)

Definition: An adjustment of a dispute between parties by mutual agreement. Transaction of a society, the published record of what it has done or accomplished.

Syn.

– Proceeding; action; process.

– Transaction, Proceeding. A transaction is something already done and completed; a proceeding is either something which is now going on, or, if ended, is still contemplated with reference to its progress or successive stages.

Note: " We the word proceeding in application to an affray in the street, and the word transaction to some commercial negotiation that has been carried on between certain persons. The proceeding marks the manner of proceeding, as when we speak of the proceedings in a court of law. The transaction marks the business transacted; as, the transactions on the Exchange." Crabb.

Source: Webster’s Unabridged Dictionary 1913 Edition

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