transaction


Also found in: Dictionary, Thesaurus, Legal, Financial, Acronyms, Idioms, Encyclopedia, Wikipedia.

trans·ac·tion

(tranz-ak'shŭn),
1. Interaction arising from the encounter of two or more persons.
2. In transactional analysis, the unit of analysis involving a social stimulus and a response.

transaction

A life event (e.g., graduation, marriage, divorce, criminal act, special award, etc.) which can be used to locate a person in a database.

transaction

The interaction of a person with others, esp. one in which items on an agenda, finances, or ideas are discussed.
References in periodicals archive ?
1.6011-4(e) (2) appears to require disclosure to OTSA within 90 days after the transaction is identified as either a transaction of interest or a listed transaction, that is not always the case.
James Buslik represented the tenant and landlord in the transaction. Asking rents were $35 psf.
* the plan purchased the property from a party-in-interest in an acquisition for which relief was available under a statutory or administrative prohibited transaction exemption;
This Illinois legislation requires taxpayers to disclose the use of reportable transactions entered into on or after February 28, 2000, that became a listed transaction.
Drop shipments, multinational contracts and triangulation have long been the staple diet of the transaction tax specialist, but too often this is focused on the outbound supply chain to the customer, at the expense of in-bound supply chain or manufacturing models.
(5) If a return filed prior to July 1, 2002, involved an undisclosed listed transaction, the IRS may request the tax accrual workpapers pertaining to that transaction.
More commonly, parties to lower-value transactions are authenticated using the "password-and-PIN" method: a combination of a password to access a system and a Personal Identification Number to authorize a transaction.
Transaction Recovery is a third type of recovery that addresses the shortcomings of the traditional types of recovery: downtime and loss of good data.
NXT Corporation (www.nxt.com), a privately owned company founded in 1995, is a leading provider of application delivery and network services for the transaction processing industry.
We are not saying that financial markets should operate without rules or that any and all behavior in the sales or marketing of transactions is acceptable.
351 exchanges (i.e., they will apply to an "overlap" transaction if it is a Sec.