Transaction

(redirected from transaction environment)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.

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.)

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
In a transaction environment, most inbound data is limited to human typing speeds; for example, an airline reservationist keying in ticket information.
Phil Gandier, MENA Head of Transaction Advisory Services, EY said, "Our latest MENA Capital Confidence Barometer sees a number of indicators supportive to the transaction environment, such as a strong growth outlook underpinned by growing levels in MENA business confidence compared to a year ago.
Phil Gandier, MENA Head of Transaction Advisory Services, EY, said: "Our latest MENA Capital Confidence Barometer sees a number of indicators supportive to the transaction environment; such as a strong growth outlook underpinned by growing levels in MENA business confidence compared to a year ago.
Space and power efficiency provided by the network is at a premium as server racks occupy more than 65% of the space, making for a dense, high transaction environment for mission critical customer transactions and storage.
They were targeted at the difficult interenterprise transaction environment of hospitals.
The standard was adopted by the Eastern Caribbean after its proclaimed success in the North American market as the leading means for electronic transmissions taking place over an ACH transaction environment.
Now, with this NFC-enabled phone, consumers can transform their physical wallet into a mobile one and provide an easy-to-use and secure mobile transaction environment for Turkcell subscribers.
Moody's said it believes that Investcorp's financial strength is constrained by modest tangible common equity levels relative to risk assets (assuming 50 per cent equity credit for the preference shares), high private equity (PE) investment concentrations and a very challenging PE transaction environment that limits its fee-earning capacity.
Fortis said VordelSecure offers the most complete security functionality, combined with a scalable, high performance XML infrastructure solution able to meet its needs for a web services-based transaction environment.

Full browser ?