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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.
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Examiners noted that Westamerica Bank's primary business strategy was to serve the needs of small- and middle-market businesses and professionals through the creation of ongoing rather than transactionally based banking arrangements. This can be accessed transactionally, on a program basis or across an entire portfolio of business, he said. Therefore, meaning and signs in a language classroom are socially introduced, re-enforced, transformed, or modified through social speech and allow for language to be used transactionally between individuals instead of only for purely expressive reasons (Britton, 1970, 1977; Mantero, 2002b). |
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