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Transaction or transactional may refer to: Commerce *Financial transaction, an agreement, communication, or movement carried out between a buyer and a seller to exchange an asset for payment *Debits and credits in a Double-entry bookkeeping system *Electronic funds transfer, the electronic exchange or transfer of money from one account to another *Real estate transaction, the process whereby rights in a unit of property is transferred between two or more parties *Transaction cost, a cost incurred in making an economic exchange *Transactional law, the practice of law concerning business and commerce Computing *Transaction processing, information processing that is divided into individual, indivisible operations *Database transaction, a unit of work performed within a database management system *Atomic transaction, a series of database operations such that either all occur, or nothing occurs Other uses *Transactions, the published proceedings of a learned society: ** *Transaction ...
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Financial Transaction
A financial transaction is an agreement, or communication, between a buyer and seller to exchange goods, services, or assets for payment. Any transaction involves a change in the status of the finances of two or more businesses or individuals. A financial transaction always involves one or more financial asset, most commonly money or another valuable item such as gold or silver. There are many types of financial transactions. The most common type, purchases, occur when a good, service, or other commodity is sold to a consumer in exchange for money. Most purchases are made with cash payments, including physical currency, debit cards, or cheques. The other main form of payment is credit, which gives immediate access to funds in exchange for repayment at a later date. History There is no evidence to support the theory that ancient civilizations worked on systems of barter. Instead, most historians believe that ancient cultures worked on principles of gift economy and debt. In a ...
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Double-entry Bookkeeping System
Double-entry bookkeeping, also known as double-entry accounting, is a method of bookkeeping that relies on a two-sided accounting entry to maintain financial information. Every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding sides known as debit and credit. A transaction in double-entry bookkeeping always affects at least two accounts, always includes at least one debit and one credit, and always has total debits and total credits that are equal. The purpose of double-entry bookkeeping is to allow the detection of financial errors and fraud. For example, if a business takes out a bank loan for $10,000, recording the transaction would require a debit of $10,000 to an asset account called "Cash", as well as a credit of $10,000 to a liability account called "Notes Payable". The basic entry to record this transaction in a general ledger will look like this: Double-entry bookkeeping is ...
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Electronic Funds Transfer
Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff. According to the United States Electronic Fund Transfer Act of 1978 it is "a funds transfer initiated through an electronic terminal, telephone, computer (including on-line banking) or magnetic tape for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit a consumer's account". EFT transactions are known by a number of names across countries and different payment systems. For example, in the United States, they may be referred to as "electronic checks" or "e-checks". In the United Kingdom, the term "bank transfer" and "bank payment" are used, in Canada, " e-transfer" is used, while in several other European countries " giro transfer" is the common term. Types EFTs include, but ar ...
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Real Estate Transaction
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) is transferred between two or more parties, e.g. in case of conveyance one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred, the amount of money being exchanged, and government regulations. Conventions and requirements also vary considerably among different countries of the world and among smaller legal entities (jurisdictions). In more abstract terms, a real estate transaction, like other financial transactions, causes transaction costs. To identify and possibly reduce these transaction costs, the Organisation for Economic Co-operation and Development (OECD) addressed the issue through a study commissioned by the European Commission, and through a research action. The mentioned research action 'Modelling Real Property Transactions' investigated methods to describe sele ...
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Transaction Cost
In economics and related disciplines, a transaction cost is a cost in making any economic trade when participating in a market. Oliver E. Williamson defines transaction costs as the costs of running an economic system of companies, and unlike production costs, decision-makers determine strategies of companies by measuring transaction costs and production costs. Transaction costs are the total costs of making a transaction, including the cost of planning, deciding, changing plans, resolving disputes, and after-sales. Therefore, the transaction cost is one of the most significant factors in business operation and management. Oliver E. Williamson's ''Transaction Cost Economics'' popularized the concept of transaction costs. Douglass C. North argues that institutions, understood as the set of rules in a society, are key in the determination of transaction costs. In this sense, institutions that facilitate low transaction costs, boost economic growth.North, Douglass C. 1992. “Transa ...
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Transactional Law
Transactional law is the practice of private law relating to money, business, and commerce. Areas of focus include providing legal aid to entrepreneurs through contract drafting, real estate acquisition, and intellectual property affairs. Transactional law firms differ from traditional litigation - A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil actio ... firms in that transactional firms generally prefer to resolve disputes out of court. References Business law Private law {{law-stub ...
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Transaction Processing
Transaction processing is information processing in computer science that is divided into individual, indivisible operations called ''transactions''. Each transaction must succeed or fail as a complete unit; it can never be only partially complete. For example, when you purchase a book from an online bookstore, you exchange money (in the form of credit) for a book. If your credit is good, a series of related operations ensures that you get the book and the bookstore gets your money. However, if a single operation in the series fails during the exchange, the entire exchange fails. You do not get the book and the bookstore does not get your money. The technology responsible for making the exchange balanced and predictable is called transaction processing. Transactions ensure that data-oriented resources are not permanently updated unless all operations within the transactional unit complete successfully. By combining a set of related operations into a unit that either completely su ...
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Database Transaction
A database transaction symbolizes a unit of work, performed within a database management system (or similar system) against a database, that is treated in a coherent and reliable way independent of other transactions. A transaction generally represents any change in a database. Transactions in a database environment have two main purposes: # To provide reliable units of work that allow correct recovery from failures and keep a database consistent even in cases of system failure. For example: when execution prematurely and unexpectedly stops (completely or partially) in which case many operations upon a database remain uncompleted, with unclear status. # To provide isolation between programs accessing a database concurrently. If this isolation is not provided, the programs' outcomes are possibly erroneous. In a database management system, a transaction is a single unit of logic or work, sometimes made up of multiple operations. Any logical calculation done in a consistent mode in ...
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Atomic Transaction
In database systems, atomicity (; from grc, ἄτομος, átomos, undividable) is one of the ACID (''Atomicity, Consistency, Isolation, Durability'') transaction properties. An atomic transaction is an ''indivisible'' and ''irreducible'' series of database operations such that either ''all'' occurs, or ''nothing'' occurs. A guarantee of atomicity prevents updates to the database occurring only partially, which can cause greater problems than rejecting the whole series outright. As a consequence, the transaction cannot be observed to be in progress by another database client. At one moment in time, it has not yet happened, and at the next it has already occurred in whole (or nothing happened if the transaction was cancelled in progress). An example of an atomic transaction is a monetary transfer from bank account A to account B. It consists of two operations, withdrawing the money from account A and saving it to account B. Performing these operations in an atomic transaction ...
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Proceedings
In academia and librarianship, conference proceedings is a collection of academic papers published in the context of an academic conference or workshop. Conference proceedings typically contain the contributions made by researchers at the conference. They are the written record of the work that is presented to fellow researchers. In many fields, they are published as supplements to academic journals; in some, they are considered the main dissemination route; in others they may be considered grey literature. They are usually distributed in printed or electronic volumes, either before the conference opens or after it has closed. A less common, broader meaning of proceedings are the acts and happenings of an academic field, a learned society. For example, the title of the ''Acta Crystallographica'' journals is New Latin for "Proceedings in Crystallography"; the ''Proceedings of the National Academy of Sciences of the United States of America'' is the main journal of that academy. ...
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Transaction Publishers
Transaction Publishers was a New Jersey-based publishing house that specialized in social science books and journals. It was located on the Livingston Campus of Rutgers University. Transaction was sold to Taylor & Francis in 2016 and merged with its Routledge imprint. Overview As of February 1, 2017, Transaction Publishers became a part of Routledge, of the Taylor & Francis Group. Transaction was an academic publisher of the social sciences. It was founded by Irving Louis Horowitz, who served as Transaction's chairman of the board and editorial director until his death in 2012. Transaction began on July 1, 1962, as part of a multiplex grant sponsored by the Ford Foundation at Washington University in St. Louis. From beginnings as a social science magazine, ''Transaction: Social Science and Modern Society'' (later ''Society''), Transaction Publishers evolved into a full-fledged publisher of books (Transaction Books), journals (Transaction Periodicals Consortium), and eBooks. ...
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List Of Death Note Episodes
''Death Note'' is a Japanese anime television series based on the manga series of the same name written by Tsugumi Ohba and illustrated by Takeshi Obata. It was directed by Tetsurō Araki at Madhouse and originally aired in Japan on Nippon TV every Tuesday shortly past midnight, effectively from October 4, 2006, to June 27, 2007. The plot of the series primarily revolves around high school student Light Yagami, who decides to rid the world of evil with the help of a supernatural notebook called a ''Death Note''. This book causes the death of anyone whose name is written in it and is passed on to Light by the Shinigami Ryuk after he becomes bored within the Shinigami world. A two-hour "Director's Cut" compilation television film, titled ''Death Note: Relight: Visions of a God'', aired on NTV a few months after the anime concluded. Although advertised to be the "complete conclusion", the popularity of the series inspired the release of a second TV special, titled ''Death Note: Re ...
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