Financial Transaction

Context:
- It can range from being a Personal Financial Transaction to being an Organizational Financial Transaction.
- It can range from being a Monetary Financial Transaction to being a Non-Monetary Financial Transaction (such as a patent exchange or a cross-licensing agreement).
- It can range from being a Legitimate Financial Transaction to being a Fraudulent Financial Transaction.
- It can be represented by a Financial Transaction Data Record.
- It can be recorded by a Financial Transaction Recording Task.
- …
Example(s):
- a Purchase Transaction.
- a Loan Transaction.
- …
Counter-Example(s):
- a Webpage Pageview.
- a Depreciation Note.
See: Economic Market, Contract, Asset, Payment, Good (Economics), Service (Economics).

References

(Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/financial_transaction Retrieved:2015-12-28.
- A financial transaction is an agreement, communication, or movement carried out between a buyer and a seller to exchange an asset for payment. It involves a change in the status of the finances of two or more businesses or individuals. The buyer and seller are separate entities or objects, often involving the exchange of items of value, such as information, goods, services, and money. It is still a transaction if the goods are exchanged at one time, and the money at another. This is known as a two-part transaction: part one is giving the money, part two is receiving the goods.

http://www.investopedia.com/terms/d/double-entry.asp
- QUOTE: Double entry accounting is based on the fact that every financial transaction has equal and opposite effects in at least two different accounts. … In the double entry system, transactions are recorded in terms of debits and credits.
http://www.businessdictionary.com/definition/financial-transaction.html
- QUOTE: Event which involves money or payment, such as the act of depositing money into a bank account, borrowing money from a lender, or buying or selling goods or property.
http://www.investopedia.com/terms/t/transaction.asp
- QUOTE:
  1. An agreement between a buyer and a seller to exchange goods, services or financial instruments.
    Here are some examples of activities you engage in that would be considered transactions:
  - - Buying or selling a stock
    - Buying a cup of coffee
    - Selling your freelance services
    - Buying or selling a house
  1. In accounting, the events that affect the finances of a business and must be recorded on the books. Transactions are recorded in what are known as “journal entries." Each entry describes a single transaction and states its date and amount.
  - - An accounting transaction will be recorded differently if the company uses accrual accounting rather than cash accounting. Accrual accounting records transactions when revenues or expenses are realized or incurred, while cash accounting records transactions when the business actually spends or receives money.

(Wikipedia, 2021) ⇒ https://en.wikipedia.org/wiki/Financial_transaction Retrieved:2021-5-13.
- A financial transaction is an agreement, or communication, carried out between a buyer and a seller to exchange an asset for payment.
  It involves a change in the status of the finances of two or more businesses or individuals. The buyer and seller are separate entities or objects, often involving the exchange of items of value, such as information, goods, services, and money. It is still a transaction if the goods are exchanged at one time, and the money at another. This is known as a two-part transaction: part one is giving the money, part two is receiving the goods.A financial transaction always involves one or more financial asset. Either buyer or seller can initiates such a transaction, hence one is the originator/initiator and the other is the responder. From liquidity point of view, one is the liquidity provider, the other party is the liquidity consumer.
  The liquidity provider is also called offer and the liquidity consumer is also called taker. While bidder and asker are much more confusing. Some people use both bid & ask for liquidity provision, while some other people use offer & ask for liquidity provision.