the.com/transaction
Two parties agree one thing is worth another, then spend years disagreeing anyway.
means An exchange of money, goods, or services between parties — the completed act of doing business.
from From Latin transactio, 'a completing, an agreement,' built from trans- ('across') plus agere ('to drive, do, act'). The same agere gives English 'agent' and 'act' — so a transaction is literally something 'driven across' or 'done through' to completion, a deal pushed over the finish line from one party to another.
- legal core
- requires offer, acceptance, and something of value exchanged
- database meaning
- all steps succeed together or none happen at all
- etymology
- from Latin transigere, to drive through or settle
- smallest unit
- commerce has no transaction, it has only relationships