transaction
noun
trans·ac·tion
tran-ˈzak-shən 
tran(t)-ˈsak-
1
a
: something transacted
b
transactions plural
: the often published record of the meeting of a society or association
2
a
: an act, process, or instance of transacting
b
: a communicative action or activity involving two parties or things that reciprocally affect or influence each other
Examples of transaction in a Sentence
The entire transaction took place over the phone.
a record of your recent banking transactions
the transaction of business over the phone
Recent Examples on the Web
Trump leveraged the 1977 International Emergency Economic Powers Act (IEEPA), which grants the president broad authority to regulate a multitude of economic transactions including trade with other countries following the declaration of a national emergency.
—
Kate Nishimura, Sourcing Journal, 2 Feb. 2025
The second best part of this trade is that the club didn’t retain a cent of Miller’s contract in the transaction, shedding the entirety of his contract.
—Thomas Drance, The Athletic, 1 Feb. 2025
Right now, we're set to hit that $600 threshold — the limit that the law technically requires — in 2026 and afterward to cover transactions that are more than $600.
—Susan Tompor, USA TODAY, 31 Jan. 2025
That’s head-scratching in light of the parade of historically massive losses downtown office building owners have absorbed in recent transactions.
—The Editorial Board, Chicago Tribune, 31 Jan. 2025
See all Example Sentences for transaction 
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Kate Nishimura, Sourcing Journal, 2 Feb. 2025
The second best part of this trade is that the club didn’t retain a cent of Miller’s contract in the transaction, shedding the entirety of his contract.
—Thomas Drance, The Athletic, 1 Feb. 2025
Right now, we're set to hit that $600 threshold — the limit that the law technically requires — in 2026 and afterward to cover transactions that are more than $600.
—Susan Tompor, USA TODAY, 31 Jan. 2025
That’s head-scratching in light of the parade of historically massive losses downtown office building owners have absorbed in recent transactions.
—The Editorial Board, Chicago Tribune, 31 Jan. 2025
See all Example Sentences for transaction
Dictionary Entries Near transaction
Cite this Entry
“Transaction.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transaction. Accessed 11 Feb. 2025.
Copy CitationKids Definition
transaction
noun
trans·ac·tion
tran(t)s-ˈak-shən
tranz-
1
a
: something transacted
especially
: a business deal
b
plural
: the record of the meeting of an organization
2
a
: an act, process, or instance of transacting
b
: an act of communication between two people who influence or change each other
Legal Definition
transaction
noun
trans·ac·tion
tran-ˈzak-shən, -ˈsak-
1
: something transacted
especially
: an exchange or transfer of goods, services, or funds
2
a
: an act, process, or instance of transacting
b
: an action or activity involving two parties or things that reciprocally affect or influence each other
3
in the civil law of Louisiana
: an onerous contract that is intended by the parties to prevent or end actual or possible litigation and in which they make reciprocal concessions compare accord, satisfaction
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