Transaction Meaning

/tɹænˈzækʃən/
B2

Definition, CEFR level B2, pronunciation, examples, and quiz.

Listen pronunciation

nounThe act of conducting or carrying out (business, negotiations, plans).

nounA deal or business agreement.

Tony went to Boston for the purpose of carrying out an important business transaction.
The businessman didn't dare withdraw from the transaction.
CEFR Practice Quiz
The business owner completed the ____ by signing the contract to buy the new equipment.
CEFR Practice Quiz (Alternate)
I received a notification confirming that the financial ____ had been successfully completed.

Borrowed from Middle French transaction, from Old French transaccion, from Late Latin transactio. By surface analysis, trans- + action.

"But also: all of the banking transactions you carry out, each phrase you dictate to Alexa, each scan of a UPS package en route to your door, every record of a COVID-19 PCR test in your Labcorp account, every bucket of wings you DoorDashed." — 2022 February 4, Ian Bogost, “The Internet Is Just Investment Banking Now”, in The Atlantic, archived from the original on 06 Feb 2022:

Explore More B2 Vocabulary Words

CEFR Practice Quiz
The business owner completed the ____ by signing the contract to buy the new equipment.
CEFR Practice Quiz (Alternate)
I received a notification confirming that the financial ____ had been successfully completed.

Expand Your Vocabulary with LexUp

Master English words using smart flashcards, play exciting word rounds, and compete with other learners worldwide.

Browse CEFR Words Alphabetically