What is the definition of transaction?

Question

What is the definition of transaction?

Answer 1

Exchange .........IN BUSINESS it is usually Capital for Product of some type........Goods and Services given for Money or some Currency

Answer 2

Transaction:

An agreement between a buyer and a seller for the exchange of goods or services for payment.

Answer 3

When you enter into an agreement to pay for services or goods.  The transaction is executed when the terms have been satisfied.