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An event between individuals, businesses, or groups that represents the smallest unit of business activity.  An example of a transaction is the process or activity the takes place when a credit card holder makes a purchase with their credit card. 

Previous Credit Card Term: Trans Union

Next Credit Card Term: Transaction Fees

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.