What's the difference between
and
Enter two words to compare and contrast their definitions, origins, and synonyms to better understand how those words are related.

Transaction vs Consummation - What's the difference?

transaction | consummation | Related terms |

Transaction is a related term of consummation.


As nouns the difference between transaction and consummation

is that transaction is the act of conducting or carrying out (business, negotiations, plans) while consummation is the act of consummating, or the state of being consummated; the state of being completed; completion.

transaction

English

(wikipedia transaction)

Noun

(en noun)
  • The act of conducting or carrying out (business, negotiations, plans).
  • A deal or business agreement.
  • An exchange or trade, as of ideas, money, goods, etc.
  • (finance) The transfer of funds into, out of, or from an account.
  • (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).
  • (especially in plural) A record of the proceedings of a learned society

    • Related terms

    * transact * transactional * transactive

    See also

    * piece of the action ----

    consummation

    English

    Noun

    (en noun)
  • The act of consummating, or the state of being consummated; the state of being completed; completion.
  • The first act of sexual intercourse in a relationship, particularly the first such act following marriage.
  • The achievement of perfection.
  • Termination; the end (as of the world or of life).