business transaction
Money changes hands
A business transaction is an exchange of goods, services, or money between parties—any event that has financial implications for a company or individual.
Recording these transactions forms the basis of accounting: Every business transaction must be documented.
The term sometimes emphasizes formality or legitimacy, distinguishing commercial dealings from casual exchanges.
- receiptWritten payment acknowledgment
- signMark conveying information
- invoiceItemized billing statement
- contractEnforceable written agreement
- paymentFulfilling a financial obligation
signed and sealed · bill · acquisition · procurement · escrow · closing costs · sale · merger · wholesale · bulk order · deal · shake on it · purchase · cash · cash on delivery · divestiture · clause · good faith
business transactiongift
Item given freely
donation · charitable contribution · present · bequest · grant
business transactionact of kindness
favor · goodwill gesture · selfless act · friendly gesture · labor of love
business, transaction, busyness, businesses, businessman, businesswoman, businesslike, transact, transactions