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transaction definition... noun . 1. the act of transacting or the fact of being transacted. 2. an instance or process of transacting something. 3. something that is transacted, esp. a business agreement. dictionary.reference.com

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transaction - definition of... trans·ac·tion   (tr n-s k sh n, -z k-) n. 1. the act of transacting or the fact of being transacted. 2. something transacted, especially a business agreement or exchange. thefreedictionary.com

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