Webster
✕

Webster’s Revised Unabridged Dictionary · 1913

Transaction

Trans·ac′tion (·ăk′shŭn), n. [L. transactio, fr. transigere, transactum, to drive through, carry through, accomplish, transact; trans across, over + agere to drive; cf. F. transaction. See Act, Agent.] 1. The doing or performing of any business; management of any affair; performance.

2. That which is done; an affair; as, the transactions on the exchange.

3. (Civil Law) An adjustment of a dispute between parties by mutual agreement.

Transaction of a society, the published record of what it has done or accomplished.

Syn. — Proceeding; action; process. — Transaction, Proceeding. A transaction is something already done and completed; a proceeding is either something which is now going on, or, if ended, is still contemplated with reference to its progress or successive stages.

☞ " We the word proceeding in application to an affray in the street, and the word transaction to some commercial negotiation that has been carried on between certain persons. The proceeding marks the manner of proceeding, as when we speak of the proceedings in a court of law. The transaction marks the business transacted; as, the transactions on the Exchange." Crabb.

Webster’s Revised Unabridged Dictionary, Noah Porter, editor (Springfield, Mass.: G. & C. Merriam, 1913). Public domain. Text as transcribed by MICRA, Inc., from Project Gutenberg. Changed for Deep Dive Bible: Greek, which our source spelled in Latin letters, set in Greek letters; entries of one spelling merged into one article; Greek words our source left out (shown as “?”), read from the 1898 printing, from the same plates (the Library of Congress’s copy), where the place could be found with certainty. Of the others, 1,362 (a word or a single letter each) were inferred by AI from the context by the dictionary’s own rules and are marked with a wavy underline (tap or point at one to see the note); the rest, which could not be inferred with confidence, are left as “?”.