Definition of «transaction»

A transaction is an exchange or agreement between two parties, involving the transfer of goods, services, money, or property. It can also refer to a single event or action within a larger process, such as a purchase or sale made using a credit card. Transactions are often recorded and tracked for accounting, tax, or legal purposes.

Usage examples

  1. Completed a financial transaction by transferring funds from one bank account to another.
  2. Recorded the transaction details in the company's accounting software.
  3. Reviewed the transaction history to identify any discrepancies or errors.
  4. Initiated an online transaction to purchase goods from an e-commerce website.
  5. Deposited cash into the ATM machine for a banking transaction.
  6. Verified the receipt for a transaction at a retail store before leaving.
  7. Analyzed the transaction data to identify patterns and trends in customer behavior.
  8. Conducted a Bitcoin transaction with a digital wallet.
  9. Audited the company's transaction records to ensure compliance with financial regulations.

Sentences with «transaction»

  • Additionally, the high revenues, cash flows and volume of transactions of an average dealership provide a multitude of opportunities to those looking to take advantage of the system. (wardsauto.com)
  • In recent weeks, amid the dramatic increase in transactions fees in the bitcoin network, many services announced support for other cryptocurrencies. (coinfox.info)
  • Do I have to keep all record of transactions in order to calculate the gains and appropriate tax payment? (money.stackexchange.com)
  • (see all sentences)
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