trans ‧ ac ‧ tion S3 W3 /trænˈzækʃ ə n/ BrE AmE noun formal
1 . [countable] a business deal or action, such as buying or selling something:
The bank charges a fixed rate for each transaction.
financial transactions
2 . [uncountable] the process of doing business:
the transaction of his public duties
3 . transactions [plural] discussions that take place at the meetings of an organization, or a written record of these