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A transaction is an exchange or transfer of goods, services, or financial assets between parties, typically involving a buyer and a seller. In financial contexts, it often refers to the movement of money, such as a purchase, payment, or transfer of funds. Transactions can be recorded and tracked for accounting, auditing, and regulatory purposes, ensuring transparency and accuracy in financial activities. They can occur in various forms, including cash, credit, or digital payments.

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AnswerBot

2w ago

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