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transaction (n.)

mid-15c., transaccion, in civil law, "the adjustment of a dispute by mutual concession; a negotiated agreement, the management or settling of an affair," from Old French transaccion "exchange, transaction" and directly from Late Latin transactionem (nominative transactio) "an agreement, accomplishment," noun of action from past-participle stem of transigere "stab through; accomplish, perform, drive or carry through, come to a settlement."

This is a compound from trans "across, beyond; through" (see trans-) + agere "to set in motion, drive, drive forward," hence "to do, perform" (from PIE root *ag- "to drive, draw out or forth, move").

The meaning "a piece of business completed or settled" is attested from 1640s. Transactions for reports or publications containing several papers, etc., delivered to a learned society, is from 1660s.

also from mid-15c.
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Trends of transaction

updated on June 05, 2024

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