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Transit vs Transaction - What's the difference?

transit | transaction |

As a verb transit

is .

As a noun transaction is

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

transit

English

Noun

  • The act of passing over, across, or through something.
  • * Burke
  • In France you are now in the transit from one form of government to another.
  • The conveyance of people or goods from one place to another, especially on a public transportation system; the vehicles used for such conveyance.
  • the transit of goods through a country
  • (astronomy) The passage of a celestial body across the observer's meridian, or across the disk of a larger celestial body.
  • A surveying instrument rather like a theodolite that measures horizontal and vertical angles.
  • (navigation) an imaginary line between two objects whose positions are known. When the navigator sees one object directly in front of the other, the navigator knows that his position is on the transit.
  • (British) a van. (rfex)
  • (Internet) to carry communications traffic to and from a customer or another network on a compensation basis as opposed to peerage in which the traffic to and from another network is carried on an equivalency basis or without charge.
  • Verb

    (en verb)
  • To pass over, across or through something
  • To revolve an instrument about its horizontal axis so as to reverse its direction
  • (astronomy) To make a transit
  • Anagrams

    * ----

    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 ----