transaction

(redirected from transactions)
Also found in: Dictionary, Thesaurus, Legal, Financial, Idioms, Encyclopedia, Wikipedia.
Related to transactions: business transactions

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 ?
Transactions that are not RTs (and therefore not RATs) could still have a significant purpose of tax avoidance and thus be considered "tax shelters" for accuracy penalty purposes.
For purposes of this Interpretation, tax planning includes, both with respect to prospective and completed transactions, recommending or expressing an opinion (whether written or oral) on (a) a tax return position or (b) a specific tax plan developed by the member, the taxpayer, or a third party.
The taxpayer has entered into the listed transaction or the transaction of interest on or after the effective date of the 90-day rule (August 3, 2007, for listed transactions; November 2, 2006, for transactions of interest).
Only certain types of fiduciary breaches are eligible for relief under VFC, all of which deal with transactions involving valuation and prohibited transaction issues under Title 1 of ERISA.
* The sale of 1520 Hart Place in the Coney Island section of Brooklyn in an all-cash transaction valued at $885,000.
In general, sections 6011, 6111 and 6112 of the Internal Revenue Code provide "tax shelter" rules that require disclosure, registration, and list maintenance for certain transactions. These statutory provisions and the related regulations define tax shelters, listed transactions, and reportable transactions.
* The ability to do "what-if" scenario planning, to see how specific transactions would be taxed for better tax planning and cash management.
(3) If a return involves multiple listed transactions, then the Service will, subject to its own discretion, request all tax accrual workpapers.
A discussion of legal issues in documenting e-commerce transactions begins with basic questions, such as what constitutes adequate business records of an e-commerce transactions?
As databases grow in size and complexity, so, too, do the chances that bad transactions will corrupt the data on which your business depends.

Full browser ?