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The act of obtaining and paying for an item or service.

Also known as a deal or a trade.


The transmission and processing of an item of data.

3. Corporate finance.

A major corporate transaction such as an acquisition, merger or disposal.

Also known as a corporate transaction or a corporate finance transaction

4. Relationship management.

An approach to interactions that focuses on the outcome of the situation immediately in view, also known as transactional.

Contrasted with a longer term relationship approach.

See also