(count)
1 : a business deal : an occurrence in which goods, services, or money are passed from one person, account, etc., to another
business/commercial transactions
The entire transaction took place over the phone.
a real estate transaction
a record of your recent banking transactions
electronic transactions
(noncount)
2 : the act or process of doing business with another person, company, etc. : the act or process of transacting business
the transaction of business over the phone