transaction
noun | \ tran-ˈzak-shən, -ˈsak- \ | trans·ac·tion
-
: something transacted; especially : an exchange or transfer of goods, services, or funds : an exchange or transfer of goods, services, or funds
-
a : an act, process, or instance of transacting
b : an action or activity involving two parties or things that reciprocally affect or influence each other
-
: an onerous contract that is intended by the parties to prevent or end actual or possible litigation and in which they make reciprocal concessions — compare accord, satisfaction