catflap.org Online Dictionary Query

  Transaction \Trans*ac"tion\, 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.
        [1913 Webster]
  
     2. That which is done; an affair; as, the transactions on the
        exchange.
        [1913 Webster]
  
     3. (Civil Law) An adjustment of a dispute between parties by
        mutual agreement.
        [1913 Webster]
  
     Transaction of a society, the published record of what it
        has done or accomplished.
        [1913 Webster]
  
     Syn: Proceeding; action; process.
  
     Usage: 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.
            [1913 Webster]
  
     Note: `` 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.
           [1913 Webster]

  Transaction \Trans*ac"tion\, 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.
  
     Usage: 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.
  
     Note: `` 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.