financial transaction
Funds changing hands
A financial transaction is any exchange involving money or monetary value—payments, transfers, purchases, sales, loans, or trades of assets.
The term appears in banking, accounting, and legal contexts: The bank flagged several suspicious financial transactions.
A single transaction may be as simple as buying coffee or as complex as a corporate merger.
- remittanceFunds sent elsewhere
- receiptWritten payment acknowledgment
- transferMove between locations
- paymentFulfilling a financial obligation
- bankingFinancial institution transactions
ledger · balance sheet · deposit · bank account · clearing · check · settlement · funds · reconciliation · paper trail · due diligence · letter of credit · invoice · debit · chargeback · withdrawal · payment gateway · credit card
financial transactionverbal agreement
Spoken mutual commitment
handshake deal · gentleman's agreement · oral contract · tacit understanding · honor system
finance, finances, financial, financing, transaction, financed, transactions, transactional, transacting