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Transaction

usgb/trænˈzækʃn/Volume
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Often Monetary

Transactions usually involve the exchange of money or something valuable.

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Paying rent monthly is a financial transaction with your landlord.
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Business Context

In a business environment, 'transaction' implies a formal or legal exchange.

Illustration for Business Context
Finalizing a transaction requires both parties to agree on the price.
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Requires Agreement

Most transactions need consent from the people or entities involved.

Illustration for Requires Agreement
The art transaction was completed after both galleries consented on the terms.
Visual representation of the word "Transaction"

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