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Financial transaction - Wikipedia
There are many types of financial transactions. The most common type, purchases, occur when a good, service, or other commodity is sold to a consumer in exchange for money. Most purchases are made with cash payments, including physical currency, debit cards, or cheques.
TRANSACTION Definition & Usage Examples | Dictionary.com
noun. the act of transacting or the fact of being transacted. an instance or process of transacting something. something that is transacted, especially a business agreement. Psychology. an interaction of an individual with one or more other persons, especially as influenced by their assumed relational roles of parent, child, or adult.
TRANSACTION | English meaning - Cambridge Dictionary
C1. an occasion when someone buys or sells something, or when money is exchanged or the activity of buying or selling something: a business transaction. Each transaction at the foreign exchange counter seems to take forever. We need to monitor the transaction of smaller deals. Fewer examples.
Transaction - Definition, Meaning & Synonyms | Vocabulary.com
An important business deal can be called a transaction, particularly the buying or selling of goods, but you can call any exchange with another person a transaction. There are transactions involving money, ideas, and even e-mail. The Latin root transactionem describes an agreement or accomplishment.
What Is a Transaction? Definition & Meaning in Accounting - FreshBooks
What Is a Transaction? Definition. The meaning of the transaction is quite simple. It’s the monetary exchange between a buyer and a seller for a good or service. The buyer gives money. The seller accepts the payment and delivers the service or product in kind. What Is a Third-Party Transaction? A third-party transaction complicates things slightly.
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