n. An exchange between two or more entities (individuals or agencies). The commercial exchange (sale and purchase) of goods. DiplomaticsAn act or several interconnected acts in which more than one person is involved and by which the relations of those persons are altered. ComputingData and operations related to a specific task that must be processed completely or rejected. transactions, pl. n. A record of business conducted at a meeting, especially the published papers of a conference; proceedings.


Levy 2001, p. 15 Although we can't tell just by looking at it, this receipt was probably produced using a digital cash register, a computer incorporating a printer and a cash drawer. If so, a digital record of my tuna-fish-chips-and-water transaction2 was being created as the sales clerk punched the cash register keys; and from this the paper version we see before us was printed. Duranti 1998, p. 169 To have a transaction3 it is not sufficient to have a communication, but it is necessary that such a communication creates, modifies, maintains, or extinguishes a relationship with other persons.