Transaction vs. Payment — What's the Difference?
Difference Between Transaction and Payment
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Compare with Definitions
Transaction
An instance of buying or selling something
In an ordinary commercial transaction a delivery date is essential
Payment
A payment is the voluntary tender of money or its equivalent or of things of value by one party (such as a person or company) to another in exchange for goods, or services provided by them, or to fulfill a legal obligation. The party making a payment is commonly called the payer, while the payee is the party receiving the payment.
Transaction
Published reports of proceedings at the meetings of a learned society.
Payment
The act of paying or the state of being paid.
Transaction
An input message to a computer system dealt with as a single unit of work
Transaction processing
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Payment
An amount paid
Received a large payment.
Transaction
The act of transacting or the fact of being transacted.
Payment
One's due, reward, or punishment; requital.
Transaction
Something transacted, especially a business agreement or exchange.
Payment
(uncountable) The act of paying.
Transaction
Communication involving two or more people that affects all those involved; personal interaction
"a rich sense of the transaction between writer and reader" (William Zinsser).
Payment
(countable) An instance of that act; a sum of money paid in exchange#Noun for goods or services, or the transaction#Noun that conveys it.
Transaction
Transactions A record of business conducted at a meeting; proceedings.
Payment
The act of paying, or giving compensation; the discharge of a debt or an obligation.
No man envieth the payment of a debt.
Transaction
The act of conducting or carrying out (business, negotiations, plans).
The transaction was made on Friday with the supplier.
Payment
That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return.
Transaction
A deal or business agreement. en
Payment
Punishment; chastisement.
Transaction
An exchange or trade, as of ideas, money, goods, etc.
I made the transaction with the vendor as soon as she showed me the pearls.
Payment
A sum of money paid
Transaction
(finance) The transfer of funds into, out of, or from an account.
Payment
The act of paying money
Transaction
(computing) An atomic operation; a message, data modification, or other procedure that is guaranteed to perform completely or not at all (e.g. a database transaction).
Transaction
(especially in plural) A record of the proceedings of a learned society.
Transaction
(transactional analysis) A social interaction.
Transaction
The doing or performing of any business; management of any affair; performance.
Transaction
That which is done; an affair; as, the transactions on the exchange.
Transaction
An adjustment of a dispute between parties by mutual agreement.
Transaction
The act of transacting within or between groups (as carrying on commercial activities);
No transactions are possible without him
He has always been honest is his dealings with me
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