Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
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basic transactions - translation to russian
![Silver coin of the [[Maurya Empire]], from the 3rd century BC](https://commons.wikimedia.org/wiki/Special:FilePath/MauryanCoin.JPG?width=200 "Silver coin of the [[Maurya Empire]], from the 3rd century BC")
Definition
Wikipedia
A financial transaction is an agreement, or communication, between a buyer and seller to exchange goods, services, or assets for payment. Any transaction involves a change in the status of the finances of two or more businesses or individuals. A financial transaction always involves one or more financial asset, most commonly money or another valuable item such as gold or silver.
There are many types of financial transactions. The most common type, purchases, occur when a good, service, or other commodity is sold to a consumer in exchange for money. Most purchases are made with cash payments, including physical currency, debit cards, or cheques. The other main form of payment is credit, which gives immediate access to funds in exchange for repayment at a later date.
