transaction

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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 ?
Thus, the definition of statutory mergers or consolidations allowed transactions effected pursuant to the statutes of foreign jurisdictions or U.
Tax shelters that are determined by the IRS to be abusive tax avoidance transactions are identified as "listed transactions.
In contrast, ERPs provide only basic transaction tax functionality to calculate tax on sales and purchase transactions, and some reporting options focused around basic compliance functionality
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.
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?
The following is a primer on how to apply the California Electronic Transactions Act.
Thus Transaction Recovery is an application recovery whereby the effects of specific transactions during a specified timeframe are removed from the database.
In the remainder of my testimony today, I would like to focus on one aspect of the market for financial transactions that has drawn considerable attention in the wake of recent losses--the relationship between dealers in financial markets and their customers.
The card industry is confronted with explosive growth in the volume of transactions while the average revenue per transaction is rapidly declining - from $1.
To effect these transactions, shelter promoters in the for-profit sector are moving over to tax-exempt organizations to serve as "accommodating parties.
The new rules are generally effective for transactions reportable in returns due after the date of enactment (October 22, 2004).

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