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A _____ is a trade of value between two or more parties.

  • A transaction is a trade of value between two or more parties.
  • A transaction refers to an exchange of goods, services, or financial assets between two or more parties.
  • In a transaction, one party provides something of value to the other party, and in return, the other party provides something of equal or greater value.
  • Transactions can take many different forms and can involve a wide range of goods, services, and financial assets.
  • For example, a transaction could be as simple as exchanging cash for a product in a retail store, or as complex as a multi-party financial transaction involving stocks, bonds, and other securities.