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transaction |
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}.
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