Transaction vs. Transmission — What's the Difference?
Edited by Tayyaba Rehman — By Maham Liaqat — Updated on April 17, 2024
A transaction involves the exchange of goods, services, or values between parties, while transmission refers to the process of sending or conveying information or power from one place to another.
Difference Between Transaction and Transmission
Table of Contents
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Key Differences
Transactions are foundational in economic systems, representing the interactions and financial exchanges between consumers and businesses, or between businesses themselves. On the other hand, transmissions are crucial in communication and energy distribution systems, facilitating the flow of information and energy across networks.
While transactions can occur in physical or digital formats, involving direct human interactions or automated systems, transmissions are inherently about the movement or propagation of something (such as data or electricity) through mediums like cables, airwaves, or the internet.
The success of a transaction is measured by the satisfaction of both parties in terms of the value exchanged, whether it's in terms of goods, services, or monetary value. In contrast, the effectiveness of a transmission is judged by the accuracy and efficiency of the conveyed message or energy, and its integrity upon receipt.
Transactions often require mutual agreement and a level of trust between parties, which is secured through contracts or regulated by laws. Transmission, however, depends more on technological infrastructure and protocols to ensure the seamless and secure delivery of content or power.
Comparison Chart
Definition
Exchange of goods, services, or values
Sending or conveying information or power
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Primary Context
Commerce, finance
Communication, energy distribution
Key Elements
Goods, services, money
Data, signals, electricity
Measurement of Success
Satisfaction of exchange value
Accuracy and efficiency of delivery
Dependency
Mutual agreement, trust
Technological infrastructure, protocols
Compare with Definitions
Transaction
The act of conducting business or other dealings.
She completed several transactions with clients today.
Transmission
Broadcasting of radio or TV signals.
The transmission of the morning news starts at 6 AM sharp.
Transaction
Legal actions involving the transfer of property or rights.
The property transaction was finalized once the documents were signed.
Transmission
The mechanism by which power is transferred in a machine, such as in vehicles.
The car's transmission ensures the engine's power turns the wheels.
Transaction
A business deal or financial arrangement where goods, services, or funds are exchanged.
The transaction at the store involved exchanging cash for groceries.
Transmission
The act of sending signals or data from one place to another, typically through electronic means.
Data transmission across the internet is fundamental to modern communication.
Transaction
An interaction or exchange between people, often analyzed in social psychology.
Their conversation involved a complex transaction of ideas.
Transmission
The passage of genetic material from parent to offspring.
Genetic transmission is studied to understand hereditary conditions.
Transaction
Any movement of funds between accounts, often recorded in financial statements.
Each bank transaction is recorded and monitored for security.
Transmission
The spread or transfer of disease from one organism to another.
Preventing the transmission of diseases is critical in crowded areas.
Transaction
An instance of buying or selling something
In an ordinary commercial transaction a delivery date is essential
Transmission
The action or process of transmitting something or the state of being transmitted
The transmission of the virus
Transaction
Published reports of proceedings at the meetings of a learned society.
Transmission
The mechanism by which power is transmitted from an engine to the axle in a motor vehicle
A three-speed automatic transmission
Transaction
An input message to a computer system dealt with as a single unit of work
Transaction processing
Transmission
The act or process of transmitting.
Transaction
The act of transacting or the fact of being transacted.
Transmission
The fact of being transmitted.
Transaction
Something transacted, especially a business agreement or exchange.
Transmission
Something, such as a message, that is transmitted.
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).
Transmission
An assembly, as in a motor vehicle, that transmits power from an engine to a driving axle, usually having a manually or automatically adjustable mechanism to control the balance of power and speed. Also called gearbox.
Transaction
Transactions A record of business conducted at a meeting; proceedings.
Transmission
The sending of a signal, picture, or other information from a transmitter.
Transaction
The act of conducting or carrying out (business, negotiations, plans).
The transaction was made on Friday with the supplier.
Transmission
The act of transmitting, e.g. data or electric power.
Transaction
A deal or business agreement. en
Transmission
The fact of being transmitted.
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.
Transmission
Something that is transmitted, such as a message, picture, or a disease; the sending of such a thing.
Transaction
(finance) The transfer of funds into, out of, or from an account.
Transmission
(biology) The passage of a nerve impulse across synapses.
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).
Transmission
(automotive) An assembly of gears through which power is transmitted from the engine to the driveshaft in a motor car / automobile; a gearbox.
Transaction
(especially in plural) A record of the proceedings of a learned society.
Transmission
(legal) The right possessed by an heir or legatee of transmitting to his successor(s) any inheritance, legacy, right, or privilege, to which he is entitled, even if he should die without enjoying or exercising it.
Transaction
(transactional analysis) A social interaction.
Transmission
(medicine, biology) The passing of a communicable disease from an infected host individual or group to a conspecific individual or group.
Transaction
The doing or performing of any business; management of any affair; performance.
Transmission
The act of transmitting, or the state of being transmitted; as, the transmission of letters, writings, papers, news, and the like, from one country to another; the transmission of rights, titles, or privileges, from father to son, or from one generation to another.
Transaction
That which is done; an affair; as, the transactions on the exchange.
Transmission
The right possessed by an heir or legatee of transmitting to his successor or successors any inheritance, legacy, right, or privilege, to which he is entitled, even if he should die without enjoying or exercising it.
Transaction
An adjustment of a dispute between parties by mutual agreement.
Transmission
The mechanism within a vehicle which transmits rotational power from the engine to the axle of the wheel propelling the vehicle; it includes the gears and gear-changing mechanism as well as the propeller shaft.
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
Transmission
The process or event of sending signals by means of a radio-frequency wave from an electronic transmitter to a receiving device.
Transmission
The act of sending a message; causing a message to be transmitted
Transmission
Communication by means of transmitted signals
Transmission
The fraction of radiant energy that passes through a substance
Transmission
An incident in which an infectious disease is transmitted
Transmission
The gears that transmit power from an automobile engine via the driveshaft to the live axle
Common Curiosities
How do transaction fees work?
Transaction fees are costs associated with processing a transaction, often collected by financial institutions or payment platforms.
How does digital transmission work?
Digital transmission involves encoding data into signals (often binary) that are transmitted across networks, then decoded back into data at the destination.
What types of transmissions are found in vehicles?
Vehicles can have manual, automatic, or continuously variable transmissions (CVTs), which handle the transfer of power from the engine to the wheels.
What is secure transmission?
Secure transmission refers to the protection of data sent between locations, ensuring it is not intercepted or altered, typically using encryption.
Can transactions be non-commercial?
Yes, transactions can be non-commercial, such as bartering goods or exchanging services without involving money.
What differentiates a financial transaction from other types?
A financial transaction specifically involves the exchange of money or monetary equivalents between parties.
What are transmission lines?
Transmission lines are cables or other paths that carry electrical power or telecommunications signals from one point to another.
What is the role of transmission in telecommunications?
In telecommunications, transmission is essential for conveying data and voice communications across distances using cables, fiber optics, or wireless methods.
How can transmission of diseases be prevented?
Preventing disease transmission can involve measures such as vaccination, hygiene practices, and controlling vectors like insects.
Why is transmission maintenance important in vehicles?
Regular maintenance of a vehicle's transmission is crucial to ensure its longevity and efficient performance, preventing mechanical failures.
What are blockchain transactions?
Blockchain transactions involve the transfer of digital assets or data across a network of computers, secured by cryptography.
What is a transactional database?
A transactional database is designed to handle rapid and secure transactions, ensuring data integrity and consistency during operations like financial record keeping.
How do international transactions differ from domestic ones?
International transactions involve additional complexities such as currency exchange, cross-border regulations, and sometimes higher fees.
Can transmissions be encrypted?
Yes, transmissions, especially digital data, are often encrypted to protect privacy and security.
What is the impact of high-frequency transactions on markets?
High-frequency transactions, conducted by computers, can greatly influence market dynamics by increasing volatility and trading volumes.
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Written by
Maham Liaqat
Edited by
Tayyaba RehmanTayyaba Rehman is a distinguished writer, currently serving as a primary contributor to askdifference.com. As a researcher in semantics and etymology, Tayyaba's passion for the complexity of languages and their distinctions has found a perfect home on the platform. Tayyaba delves into the intricacies of language, distinguishing between commonly confused words and phrases, thereby providing clarity for readers worldwide.
