transaction

A transaction is a process where something of value is exchanged between parties, such as money for goods or services. It typically involves a series of steps—like agreeing on terms, transferring the item or payment, and recording the exchange—to ensure both parties fulfill their part. Transactions can occur in person, online, or through other methods, and are the fundamental units of economic activity that help people and organizations buy, sell, and collaborate effectively. The goal is to ensure the exchange is complete, accurate, and secure for all involved.