Transaction
An agreement between a buyer and a seller for the exchange of goods or services for payment. Investopedia Says:
The parties participating in a transaction have an obligation to perform their part. For example, for two parties involved in a futures contract, the seller is obligated to sell and deliver the underlying asset and the buyer is contractually obligated to pay the agreed upon price and accept the delivery. Related Terms:
Cashless Conversion
Counterparty
Currency Transaction Report - CTR
Exempt Transaction
Fitch Sheet
Futures Contract
Transaction Costs
Transaction Exposure
Transaction Risk
Zone Of Possible Agreement |