A transaction is a process in which there is an exchange of goods, services, or information between two or more parties.
It is a term commonly used in the financial and commercial fields. In a transaction, the parties agree on the terms and conditions and commit to fulfilling their obligations.
It may involve the payment of money, the delivery of products, the provision of services, or any other agreed-upon action.
Transactions can be conducted physically or through electronic means, and their proper recording and tracking are essential to ensure transparency and reliability in business activities.
