Transaction (Noun)
Meaning
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".
Classification
Nouns denoting acts or actions.
Examples
- The company's financial records showed a significant increase in transactions over the past quarter.
- All transactions between the two countries are subject to strict regulations and tariffs.
- The bank's online platform allows users to manage their transactions securely and efficiently.
- The new policy aims to reduce the number of transactions required to complete a business deal.
- The company's accountant was responsible for reviewing and verifying all financial transactions.