3 definitions found
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
Transaction \Trans*ac"tion\, n. [L. transactio, fr transigere
transactum to drive through carry through accomplish,
transact; trans across over + agere to drive; cf F.
transaction. See {Act}, {Agent}.]
1. The doing or performing of any business; management of any
affair; performance.
2. That which is done an affair; as the transactions on the
exchange.
3. (Civil Law) An adjustment of a dispute between parties by
mutual agreement.
{Transaction of a society}, the published record of what it
has done or accomplished.
Syn: Proceeding; action process.
Usage: {Transaction}, {Proceeding}. A transaction is
something already done and completed; a proceeding is
either something which is now going on or if ended,
is still contemplated with reference to its progress
or successive stages.
Note: `` We the word proceeding in application to an affray
in the street, and the word transaction to some
commercial negotiation that has been carried on between
certain persons. The proceeding marks the manner of
proceeding, as when we speak of the proceedings in a
court of law. The transaction marks the business
transacted; as the transactions on the Exchange.''
--Crabb.
From WordNet r 1.6 [wn]:
transaction
n : 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" [syn: {dealing}, {dealings}]
From The Free On-line Dictionary of Computing (13 Mar 01) [foldoc]:
transaction
A unit of interaction with a {DBMS} or similar system. It
must be treated in a coherent and reliable way independent of
other transactions. See {atomic}.
more about transaction
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