{
    "term": "transaction",
    "partOfSpeech": "noun",
    "ox5000": true,
    "cefr": "c1",
    "definitions": [
        {
            "senseNumber": 1,
            "definition": "a piece of business that is done between people, especially an act of buying or selling",
            "sensetop": "transaction (between A and B)",
            "cefr": "c1",
            "examples": [
                {
                    "text": "financial transactions between companies"
                },
                {
                    "text": "commercial transactions"
                },
                {
                    "text": "Electronic banking may make over-the-counter transactions obsolete."
                },
                {
                    "text": "The president had entered into fraudulent property transactions."
                },
                {
                    "text": "The system records all transactions between the company and its suppliers."
                },
                {
                    "text": "Transactions in land are frequently handled by an estate agent."
                },
                {
                    "text": "Using the internet can significantly reduce transaction costs."
                },
                {
                    "text": "foreign currency transactions"
                },
                {
                    "text": "transactions over the internet"
                }
            ],
            "synonyms": "deal",
            "topics": ["Business", "Shopping"],
            "collocations": {
                "adjective": ["cross-border", "international", "private"],
                "verb + transaction": ["carry out", "conduct", "do"],
                "transaction + verb": ["proceed", "take place"],
                "transaction + noun": ["charges", "cost"],
                "preposition": ["transaction between", "transaction over"]
            }
        },
        {
            "senseNumber": 2,
            "definition": "the process of doing something",
            "sensetop": "transaction of something",
            "labels": "(formal)",
            "cefr": "c1",
            "examples": [
                {
                    "text": "the transaction of government business"
                }
            ],
            "topics": ["Business"]
        }
    ],
    "pronunciations": {
        "uk": [
            {
                "pronunciation": "/trænˈzækʃn/",
                "audio": "tr/transaction/transaction__gb_1.mp3"
            }
        ],
        "us": [
            {
                "pronunciation": "/trænˈzækʃn/",
                "audio": "tr/transaction/transaction__us_1_rr.mp3"
            }
        ]
    },
    "wordOrigin": "late Middle English (as a term in Roman Law): from late Latin transactio(n-), from transigere ‘drive through’, from trans- ‘through’ + agere ‘do, lead’."
}