Definition

An event where something is bought, sold, or exchanged, often involving money or an agreement between parties.

Example

The bank confirmed the transaction was successful and the funds were transferred.

Conversation

Did you hear about the big transaction at the mall yesterday?

No, I missed it! What happened?

Apparently, they sold out of all their new gadgets in just a few hours after the transaction.

Wow, that's impressive! I guess people really wanted those items.

Synonyms & Antonyms

Root Explanation

Transaction → It is formed from "trans-" (meaning across) and "agere" (meaning to do or act). The word describes the act of doing something across or between parties, typically involving a transfer or exchange.

Memory Tip

Think of doing something 'across' ('trans-') different parties or entities — that's why transaction means an exchange or transfer.

Visually Confused Words