transaction

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transaction

noun accomplishment, achievement, act, action, activity, administration, adventure, affair, commission, completion, consummation, deal, deed, direction, effectuation, enactment, enterprise, execution, exercise, exploit, management, measure, negotium, operation, performance, proceeding, process, purchase, sale, undertaking
Associated concepts: arms length transaction, transacting business, transactional immunity
Foreign phrases: Res inter alios judicatae nullum aliis praejudicium faciunt.Transactions between strangers ought not to injure those who are not parties to them.
See also: act, agreement, business, commerce, commission, contract, course, deal, event, exchange, interchange, occurrence, operation, proceeding, process, sale, trade, treatment, undertaking

TRANSACTION, contracts, civil law. An agreement between two or more persons, who for the purpose of preventing or putting an end to a law suit, adjust their differences by mutual consent, in the manner which they agree on; in Louisiana this contract must be reduced to writing. Civil Code of Louis, 3038.
     2. Transactions regulate only the differences which appear to be clearly comprehended in them by the intentions of the parties, whether they be explained in a general or particular manner, unless it be the necessary consequence of what is expressed; and they do not extend to differences which the parties, never intended to include in them. Id. 3040.
     3. To transact, a man must have the capacity to dispose of the things included in the transaction. Id. 3039; 1 Domat, Lois Civiles, liv. 1, t. 13, s. 1; Dig. lib. 2, t. 15, l. 1; Code lib. 2, t. 4, 1. 41. In the common law this is called a compromise. (q.v.)

References in periodicals archive ?
We selected the NEON Systems component of the solution because they were able to demonstrate a real-world working capability of two-phase commit from the System/390 platform to distributed computing environments through BEA Tuxedo.
The kinds of failure were interested in for this example are those that occur after the participants in the two-phase commit transaction have said they will do the work requested of them (transfer the money) i.
As long as the available bandwidth is equal or greater to the rate of data change, data will be transmitted and applied almost instantaneously providing "near zero" data loss without the round-trip delay overhead associated with synchronous mirroring or two-phase commit.
The decision to abort is implemented in the same way as the two-phase commit protocol.
Enhanced EJB transaction support with full two-phase commit VisiTransact?
Inprise says customers no longer need to go to third parties for any piece of a distributed solution and that the combination offers transactions, scalability and two-phase commit.
Intelligent mobile agents running within VOYAGER Edge will be able to participate and originate two-phase commit transactions that propagate to J2EE resources as well as other edge devices.
Full, two-phase commit compatibility between multiple Advantage CA-IDMS/DB systems, DB2, WebSphere MQ and other resource managers, providing fully automatic resynchronization if processing is interrupted during the commit operation.
JBoss Transactions supports traditional ACID (atomic, consistent, isolated and durable) transactions using two-phase commit coordination and complete distributed crash recovery.