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From Nordan Symposia
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[[File:lighterstill.jpg]][[File:Trade.jpg|right|frame]]
*Date: [http://www.wikipedia.org/wiki/17th_Century 1632]
==Definitions==
*1 a : something transacted; especially : an exchange or transfer of goods, [[services]], or [[Money|funds]] <electronic transactions>
:b plural : the often published [[record]] of the meeting of a [[society]] or [[association]]
*2 a : an [[act]], [[process]], or instance of transacting
:b : a [[communicative]] [[action]] or [[activity]] involving two parties or [[things]] that reciprocally [[affect]] or [[influence]] each other
==Description==
A '''transaction''' is an [[agreement]], [[communication]], or movement carried out between separate [[entities]] or objects, often involving the exchange of items of [[value]], such as [[information]], goods, [[services]], and [[money]].
A financial transaction is an [[event]] or condition under the contract between a buyer and a seller to exchange an asset for payment. In accounting, it is [[recognized]] by an entry in the [[books]] of account. It involves a [[change]] in the [[status]] of the finances of two or more [[business]]es or [[individuals]].
[[Category: Economics]]
*Date: [http://www.wikipedia.org/wiki/17th_Century 1632]
==Definitions==
*1 a : something transacted; especially : an exchange or transfer of goods, [[services]], or [[Money|funds]] <electronic transactions>
:b plural : the often published [[record]] of the meeting of a [[society]] or [[association]]
*2 a : an [[act]], [[process]], or instance of transacting
:b : a [[communicative]] [[action]] or [[activity]] involving two parties or [[things]] that reciprocally [[affect]] or [[influence]] each other
==Description==
A '''transaction''' is an [[agreement]], [[communication]], or movement carried out between separate [[entities]] or objects, often involving the exchange of items of [[value]], such as [[information]], goods, [[services]], and [[money]].
A financial transaction is an [[event]] or condition under the contract between a buyer and a seller to exchange an asset for payment. In accounting, it is [[recognized]] by an entry in the [[books]] of account. It involves a [[change]] in the [[status]] of the finances of two or more [[business]]es or [[individuals]].
[[Category: Economics]]
