transaction-n; 2 Senses

Sense Number 1: act of commerce

Commentary: TRANSACTION[+event] The act of buying or selling, or otherwise conducting some business or commercial transaction. Refers to specific acts, not a general concept.

The transaction occurred in a dark alley at midnight.
I'd like to begin conducting some transactions with my bank.
I had to pay a transaction tax when I bought all the bonds.
John completed the transaction by paying his cashier.

WordNet 2.0 Sense Numbers: 1

Sense Number 2: general commercial activity

Commentary: The general concept of carrying on commercial activities. Cannot conceivably refer to a specific instance of buying or selling.

Lowering the interest rate can increase the rate of transaction in the stock market.

WordNet 2.0 Sense Numbers: -