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Undertaking vs Transaction - What's the difference?

undertaking | transaction | Related terms |

Undertaking is a related term of transaction.


As nouns the difference between undertaking and transaction

is that undertaking is the business of an undertaker, or the management of funerals while transaction is the act of conducting or carrying out (business, negotiations, plans).

As a verb undertaking

is .

undertaking

English

Noun

(en noun)
  • The business of an undertaker, or the management of funerals.
  • A promise or pledge; a guarantee.
  • That which is undertaken; any business, work, or project which a person engages in, or attempts to perform; an enterprise.
  • The act of one who undertakes, or engages in, any project or business.
  • Verb

    (head)
  • (Webster 1913)

    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 ----