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jldmt

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Re: Lambert/ Re: Settlement is final?

in response to

B-Lunist / Re: Settlement is final.

lambertslunatics

posted on Apr 17, 2008 10:25PM

Has anybody disected the word transaction yet? (I suppose so) I have not completely read all of the posts from the last two days. Maybe the settlement hasn't yet become a "financial transaction".

Financial transaction

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It has been suggested that Payment be merged into this article or section. (Discuss)

A financial transaction involves a change in the status of the finances of two or more businesses or individuals.

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[edit] Purchase

The most common type of financial transaction. An item or good is exchanged for money. This transaction results in a decrease in the finances of the purchaser and an increase in the benefits of the seller.