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Transaction vs Pretransaction - What's the difference?

transaction | pretransaction |

As a noun transaction

is the act of conducting or carrying out (business, negotiations, plans).

As an adjective pretransaction is

prior to a transaction.

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
  • See also

    * piece of the action ----

    pretransaction

    English

    Adjective

    (-)
  • Prior to a transaction.
  • *{{quote-news, year=2009, date=June 28, author=Bob Tedeschi, title=Reverse Mortgages for Home Purchases, work=New York Times citation
  • , passage=Ms. Belling recommends that prospective borrowers pay close attention during pretransaction financial counseling, which is compulsory for anyone seeking a reverse mortgage. }}