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Compilation of the most common collocations with Transaction

"Transaction" is a noun that is frequently used in English. But what does Transaction mean? What are the common collocations with Transaction? Let's explore them together!

 

20 most common collocations with Transaction

I. What is Transaction?

What is Transaction?

In English, Transaction is pronounced as /trænˈzæk.ʃən/ an acts as a noun, meaning: an occasion when someone buys or sells something, or when money is exchanged or the activity of buying or selling something. For example:

  • Each transaction at the foreign exchange counter seems to take forever. 

  • We need to monitor the transaction of smaller deals. 

II. Compilation of the most common collocations with Transaction

The table below lists the most common collocations with Transaction that PREP has compiled. Take a look!

Compilation of the most common collocations with Transaction

No.

Collocations with Transaction

Example

1

Actual transaction

/ˈæktʃuəl trænˈzækʃən/

The purchase of the house was finalized with an actual transaction, with the buyer transferring the funds to the seller's account. 

2

Banking transaction

/ˈbæŋkɪŋ trænˈzækʃən/

Online banking allows customers to conveniently carry out banking transactions such as transferring funds and paying bills from their computer or smartphone. 

3

Business transaction

/ˈbɪznɪs trænˈzækʃən/

Signing a contract marks the completion of a business transaction between two companies, outlining the terms of their agreement. 

4

Card transaction

/kɑːrd trænˈzækʃən/

With the rise of contactless payments, card transactions have become increasingly popular for their convenience and speed. 

5

Commercial transaction

/kəˈmɜːrʃəl trænˈzækʃən/

The sale of goods between companies is considered a commercial transaction, involving the exchange of products for monetary value. 

6

Complex transaction

/ˈkɒmplɛks trænˈzækʃən/

Real estate deals often involve complex transactions, with multiple parties and legal considerations. 

7

Complicated transaction

/ˈkɒmplɪkeɪtɪd trænˈzækʃən/

John understands that there are inevitable difficulties arising in this very complicated transaction

8

Credit transaction

/ˈkrɛdɪt trænˈzækʃən/

Making a purchase with a credit card involves a credit transaction, where the cardholder borrows funds from the issuing bank to complete the transaction. 

9

Cross-border transaction

/krɒsˈbɔːdər trænˈzækʃən/

International trade relies on cross-border transactions, where goods and services are exchanged between countries. 

10

Day-to-day transactions

/deɪ tə deɪ trænˈzækʃənz/

Keeping track of day-to-day transactions is essential for managing personal finances effectively. 

11

Economic transaction

/ˌiːkəˈnɒmɪk trænˈzækʃən/

Every economic transaction contributes to the overall economy, influencing factors such as GDP and inflation. 

12

Export transaction

/ˈɛkspɔːt trænˈzækʃən/

Export transactions involve selling goods or services to foreign countries, contributing to a nation's trade balance. 

13

Financial transaction

/faɪˈnænʃəl trænˈzækʃən/

The transfer of funds between accounts is a common financial transaction carried out by individuals and businesses. 

14

Fraudulent transaction

/ˈfrɔːdjʊlənt trænˈzækʃən/

Detecting and preventing fraudulent transactions is a priority for banks and financial institutions to protect their customers and assets. 

15

International transaction

/ˌɪntəˈnæʃənəl trænˈzækʃən/

Globalization has facilitated international transactions, allowing businesses to expand their reach beyond national borders. 

16

Legitimate transaction

/lɪˈdʒɪtɪmət trænˈzækʃən/

All legitimate transactions are recorded in financial statements, providing a transparent overview of a company's financial activities. 

17

Monetary transaction

/ˈmʌnɪtəri trænˈzækʃən/

Any exchange involving money, whether physical currency or digital currency, is considered a monetary transaction

18

Online transaction

/ˈɒnlaɪn trænˈzækʃən/

Online shopping has revolutionized retail with the convenience of making purchases through online transactions from anywhere with an internet connection. 

19

Private transaction

/ˈpraɪvət trænˈzækʃən/

Private transactions, such as peer-to-peer sales, often involve individuals exchanging goods or services without involving a third party. 

20

Profitable transaction

/ˈprɒfɪtəbl trænˈzækʃən/

Investing in stocks or real estate can lead to profitable transactions, generating financial gains for investors. 

Click the link below to see even more collocations with Transaction from Cambridge!

EXPLORE MORE COLLOCATIONS WITH TRANSACTION FROM CAMBRIDGE!

III. Exercise on Collocations with Transaction

To better understand the meanings of collocations with Transaction, let's complete the exercise below!

1. Exercise: Fill in the blank with the appropriate word

commercial transaction; card transaction; business transaction; banking transaction; actual transaction

  1. Since out-of-pocket payments are absent or do not differ across hospitals, ____________ prices are not relevant for patient hospital choice.

  2. There are societies in this country which do this thing now, and which is really a kind of ___________.

  3. Successful partnership requires a harmonious communication environment characterized by rapid, accurate and "paperless" __________.

  4. There are significant charges for each credit __________.

  5. We now turn to the linking of ___________ verbs.

2. Answer

1 - actual transaction

2 - banking transaction

3 - business transaction

4 - card transaction

5 -  commercial transaction

PREP hopes that after reading the above article, you now have a grasp of the usage of some of the most common collocations with Transaction. Keep following PREP to get more helpful English knowledge updates! The journey of mastering English is an ongoing one, but with PREP as your guide, you'll be well on your way to achieving your language learning goals.

 

Chloe
Product Content Admin

Hi I'm Chloe, and I am currently serving as an Product Content Administrator at Prep Education. With over five years of experience in independent online IELTS study and exam preparation, I am confident in my ability to support learners in achieving their highest possible scores.

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