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transaction - definition and synonyms

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noun formal     transaction pronunciation in British English
Word Forms
  1. 1
    [countable] the action or process of buying or selling something

    She had been involved in several suspicious transactions.

    financial/commercial/business transaction:

    The sale of goods is the most common form of commercial transaction.

    enter into/engage in a transaction:

    Investors feel the company is entering into too many risky transactions.

  2. 2
    [uncountable] the process or activity of doing something, usually something related to business
    transaction of:

    the transaction of business/loans

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Open Dictionary

patio diplomacy

high-level diplomats meeting and dining in an informal environment e.g. a party or club

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