Transaction

n.	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.

Noun

1.

transaction - the act of transacting within or between groups (as carrying on commercial activities); "no transactions are possible without him"; "he has always been honest is his dealings with me" Synonyms: dealing, dealings

TRANSACTION, contracts, civil law. An agreement between two or more persons, who for the purpose of preventing or putting an end to a law suit, adjust their differences by mutual consent, in the manner which they agree on; in Louisiana this contract must be reduced to writing. Civil Code of Louis, 3038.
     2. Transactions regulate only the differences which appear to be clearly comprehended in them by the intentions of the parties, whether they be explained in a general or particular manner, unless it be the necessary consequence of what is expressed; and they do not extend to differences which the parties, never intended to include in them. Id. 3040.
     3. To transact, a man must have the capacity to dispose of the things included in the transaction. Id. 3039; 1 Domat, Lois Civiles, liv. 1, t. 13, s. 1; Dig. lib. 2, t. 15, l. 1; Code lib. 2, t. 4, 1. 41. In the common law this is called a compromise. (q.v.)

transaction - A unit of interaction with a DBMS or similar system. It must be treated in a coherent and reliable way independent of other transactions. See atomic.

accomplished fact, accomplishment, accord, achievement, act, acta, action, administration, adventure, agreement, annals, arrangement, bargain, binding agreement, blow, bond, business deal, carrying out, cartel, collective agreement, commercial transaction, commission, compact, completion, concern, concernment, conduct, consortium, contract, convention, coup, covenant, covenant of salt, dealing, dealings, dicker, discharge, dispatch, doing, doings, effectuation, effort, employment contract, enactment, endeavor, enforcement, enterprise, execution, exploit, fait accompli, feat, formal agreement, fulfillment, gest, go, goings-on, hand, handiwork, handling, implementation, interest, ironclad agreement, job, legal agreement, legal contract, management, maneuver, matter, measure, minutes, move, mutual agreement, observance, operation, overt act, package deal, pact, paction, passage, performance, perpetration, proceeding, proceedings, production, promise, prosecution, protocol, records, res gestae, step, stipulation, stroke, stunt, thing, thing done, tour de force, transactions, turn, understanding, undertaking, union contract, valid contract, wage contract, work, works

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