Transaction - Commerce

Commerce

  • Financial transaction, an agreement, communication, or movement carried out between a buyer and a seller to exchange an asset for payment
  • Electronic funds transfer, the electronic exchange or transfer of money from one account to another
  • Real estate transaction, the process whereby rights in a unit of property is transferred between two or more parties
  • Transaction cost, a cost incurred in making an economic exchange

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Famous quotes containing the word commerce:

    Friendship is a disinterested commerce between equals; love, an abject intercourse between tyrants and slaves.
    Oliver Goldsmith (1728–1774)

    I leave you, home,
    when I’m ripped from the doorstep
    by commerce or fate. Then I submit
    to the awful subway of the world....
    Anne Sexton (1928–1974)

    The whole commerce between master and slave is a perpetual exercise of the most boisterous passions, the most unremitting despotism on the one part, and degrading submissions on the other. Our children see this, and learn to imitate it.
    Thomas Jefferson (1743–1826)