Transaction - Definition

A helpful A-Z glossary listing key Business and IT transformation terms and technical definitions.

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A Transaction is a sub-process that represents a set of coordinated activities carried out by independent, loosely-coupled systems in accordance with a contractually defined business relationship. This coordination leads to an agreed, consistent, and verifiable outcome across all participants.

Related to: BPA

Last Updated: 2/7/2018 12:35:58 AM

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