In this modern age, technology has revolutionized the way we conduct business and exchange goods and services. As a result, the term “transaction” has become increasingly common in our everyday vocabulary. In this article, we will explore the meaning of transaction in Urdu, and the different types of transactions that exist in today’s world.

Transaction Meaning in Urdu

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Transaction Meaning In Urdu

Transaction is a term used in the field of commerce and finance. In simple terms, a transaction refers to an exchange of goods, services, or money between two or more parties. In Urdu, transaction meaning is “کاروائی” (Karwai) which is derived from the Arabic word “karwā”. Understanding the meaning of transactions is essential for anyone involved in business or finance, as it helps them to carry out their transactions effectively and efficiently.

Types of Transactions

There are several types of transactions that occur in our daily lives. Below are the most common types:

A. Cash Transactions

A cash transaction is a type of exchange that involves physical currency. This type of transaction is most common in retail stores, where customers pay for goods or services using cash. Cash transactions can also take place between individuals or businesses.

B. Credit Transactions

A credit transaction is a type of exchange that involves borrowing money with the promise to pay it back at a later date. This type of transaction is most common when purchasing big-ticket items like a car or a house. In this case, the borrower agrees to repay the loan over a set period of time with interest.

C. Debit Transactions

A debit transaction is a type of exchange that involves the transfer of funds directly from one bank account to another. This type of transaction is common when paying bills or making purchases online.

D. Online Transactions

An online transaction is a type of exchange that takes place over the internet. This type of transaction has become increasingly popular in recent years due to the rise of e-commerce. Examples include buying products or services online, paying bills, or transferring funds between bank accounts.

Components of a Transaction

Every transaction involves certain components that are essential for its execution. These include the parties involved, description of the transaction, terms and conditions, and payment and settlement.

The parties involved in a transaction can be individuals, businesses, or financial institutions. The description of the transaction includes details such as the nature of the goods or services exchanged, their quantity, quality, and price. The terms and conditions specify the rights and obligations of the parties involved, such as the delivery date, payment terms, and warranties. Payment and settlement refer to the mode and timing of payment and the settlement of any disputes that may arise.

Process of Transaction

The process of a transaction involves four stages: initiation, authorization, recording, and settlement. Initiation refers to the first step in a transaction, where a request is made to initiate a transaction. Authorization refers to the process of verifying the authenticity of the transaction and approving it. Recording involves the documentation of the transaction in the relevant books of accounts, and settlement refers to the actual transfer of goods or money.

Common Terminology

There are certain common terms used in transactions, such as invoice, receipt, payment, and statement. An invoice is a document that details the goods or services provided, their quantity, price, and payment terms. A receipt is a document that acknowledges the payment received. Payment refers to the transfer of money or other forms of payment to settle a transaction, and a statement is a summary of all transactions undertaken within a specific period.

Importance of Transactions

Transactions play a critical role in our economy and are essential for the smooth functioning of businesses and organizations. They allow individuals and businesses to exchange goods, services, and money in a secure and efficient manner. Without transactions, it would be difficult to conduct business, and the economy would suffer as a result.

How to Conduct a Secure Transaction

In today’s digital age, it’s important to conduct transactions securely to avoid becoming a victim of fraud or identity theft. Here are some tips to ensure that your transactions are secure:

  • Use a secure payment method, such as a credit card or a reputable online payment service like PayPal.
  • Only conduct transactions on secure websites that use encryption to protect your personal information.
  • Avoid conducting transactions on public Wi-Fi networks, as they are not secure and can be easily hacked.
  • Monitor your bank and credit card statements regularly to ensure that there are no unauthorized transactions.


In conclusion, transactions are a crucial part of our daily lives, and it’s important to understand their meaning and types. Whether you’re exchanging physical currency, borrowing money, or making online purchases, transactions help to keep our economy functioning and allow us to conduct business in a secure and efficient manner.


What is the definition of Transaction in Urdu?

A: “Transaction” is translated into “کاروائی” in Urdu, which refers to an activity or event where something is bought, sold, or exchanged between two or more parties.

What are some synonyms of Transaction in Urdu?

A: Some synonyms of “Transaction” in Urdu include “کام”, “فعل”, “قرارداد”, “بیع و فروخت”, “معاہدہ”, “اصطلاح”, and “مصالحہ”.

How can I use “Transaction” in a sentence in Urdu?

A: You can use “Transaction” in a sentence like this: “میں نے اس مال کی خریداری کرنے کے لئے ایک کاروائی کی” (I did a transaction to purchase this item).

What are some common types of transactions?

A: Some common types of transactions include buying and selling goods, exchanging money or property, making payments, signing contracts or agreements, and conducting business deals.

Can a transaction be cancelled or reversed?

A: Yes, some transactions can be cancelled or reversed, depending on the terms of the agreement or the laws governing the transaction. For example, a purchase can be cancelled if the buyer changes their mind or if the item is defective, and a payment can be reversed if it was made by mistake or fraudulently.

How important is understanding the meaning of Transaction in Urdu?

A: Understanding the meaning of “Transaction” in Urdu is essential for anyone conducting business or making purchases in Urdu-speaking countries. It helps to avoid misunderstandings, ensure clear communication, and facilitate smooth transactions.


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