trans·ac·tion (tr n-sk sh n, -zk-)n. 1. The act of transacting or the fact of being transacted. 2. Something transacted, especially a business agreement or exchange. 3. Communication involving two or more people that affects all those involved; personal interaction: "a rich sense of the transaction between writer and reader" (William Zinsser). 4. transactions A record of business conducted at a meeting; proceedings. trans·ac tion·al adj. |
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