Basic Details
Word: Transaction
Part of Speech: Noun
Meaning: A process of buying or selling something or the exchange of information.
Synonyms: Deal, exchange, trade
Antonyms: N/A
Idioms and Phrases
- Make a transaction: To carry out a deal or exchange. Example: "She was excited to make a transaction for her new bike."
- Close the transaction: To complete a deal or agreement. Example: "After much discussion, they decided to close the transaction on the house."
Usage Examples
Example 1: The shop owner recorded each transaction in his ledger to keep track of sales.
Example 2: At the bank, she completed a transaction to deposit her savings.
Example 3: Online shopping makes a transaction very simple and fast with just a few clicks.
Fun Fact
The word "transaction" comes from the Latin word "transactio," which means to carry out, conduct or do business, showing how ancient people exchanged goods and services long before the modern economy.
Famous Quote
"The best way to make money is to make a transaction." - Unknown
Multiple Choice Questions (MCQs)
1. What does "transaction" mean?
a) A type of food
b) A process of buying or selling
c) A weather condition
d) A kind of dance
Answer: b) A process of buying or selling
2. Which of these is a synonym of "transaction"?
a) Deal
b) Journey
c) Adventure
d) Story
Answer: a) Deal
3. Which sentence uses "transaction" correctly?
a) The transaction sang a lovely song.
b) He was happy to make a transaction at the market.
c) The transaction jumped over the fence.
d) She thought the transaction was delicious.
Answer: b) He was happy to make a transaction at the market.
4. Which idiom means to complete a deal?
a) Make a transaction
b) Close the transaction
c) Open the door
d) Fly high
Answer: b) Close the transaction
5. What is the opposite of "transaction"?
a) N/A
b) Conversation
c) Disagreement
d) Communication
Answer: a) N/A
