transaction Definition

transaction

Definition 1
An agreement between a buyer and a seller to exchange an asset for payment.

Definition 2
In accounting, any event or condition recorded in the book of accounts.

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Related Terms

account statement - More

agent - More

broker - More

arbitrage

arm's length transaction

balance of payments

bookkeeping

single-entry bookkeeping

double-entry bookkeeping

books of original entry

Mentioned in these terms

Fair and Accurate Credit Transactions Act of 2003

Automated Confirmation Transaction Service

highly leveraged transaction

asset swapped convertible option transaction

transaction costs

Popular 'Accounting' Terms

current ratio
equity
working capital
asset
EBITDA

revenue
net income
negotiable
net profit
net worth

transaction in the news

Tools

transaction is ...

... part of the Accounting and Trading subjects.

Nearby Terms

trailing
trailing P/E
trailing return
trailing stop loss
tranche
transaction
transaction costs
transfer
transfer agent
transfer payments
transfer pricing

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