personal transactions

Individual financial exchanges

Personal transactions are financial dealings conducted for individual or household purposes rather than business ones.

Banks and tax authorities distinguish personal transactions—buying groceries, paying rent, sending money to family—from commercial activity.

The term appears in account agreements and financial regulations: This account is for personal transactions only.

Related

buy · purchase · cash exchange · exchange · peer to peer · consent · sell · trade · under the table · savings · loan · credit score · budget · hiring · banking · splitting · splitting the bill · accountability

Opposites
relationship context

personal transactionsbusiness transactions

Conducted trade activities

commercial transactions · retail transactions · wholesale trade

scale and formality

personal transactionsalgorithmic trading

Computer-driven market transactions

public offerings · formal contracts · international trade

Family

personal, transactions, person, persons, personally, personality, personalities, personalize, personalized

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G