n.
Pronunciation: tran- ' zak-sh ə n, tran(t)- ' sak-
Function: noun
Date: 1632
1 a : something transacted especially : an exchange or transfer of goods, services, or funds <electronic transaction s > b plural : the often published record of the meeting of a society or association
2 a : an act, process, or instance of transacting b : a communicative action or activity involving two parties or things that reciprocally affect or influence each other
– trans · ac · tion · al \ -shn ə l, -sh ə -n ə l \ adjective