transaction

Noun
  1. The act of transacting within or between groups (as carrying on commercial activities) (synset 101108713)
    "no transactions are possible without him"; "he has always been honest is his dealings with me"
    is a type of: group action - action taken by a group of people
    subtypes:
    • commerce, commercialism, mercantilism - transactions (sales and purchases) having the objective of supplying commodities (goods and services)
    • affairs - transactions of professional or public interest
    • operations, trading operations - financial transactions at a brokerage; having to do with the execution of trades and keeping customer records
    • transfer, transference - transferring ownership
    • exchange - the act of giving something in return for something received
    • business deal, deal, trade - a particular instance of buying or selling
    • downtick - a transaction in the stock market at a price below the price of the preceding transaction
    • uptick - a transaction in the stock market at a price above the price of the preceding transaction
    • borrowing - obtaining funds from a lender
    • rental, renting - the act of paying for the use of something (as an apartment or house or car)
    specific instances: seward's folly - the transaction in 1867 in which the United States Secretary of State William Henry Seward purchased Alaska from Russia
    same as: dealing, dealings

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