Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Domain | Definition |
Computing | Method of operation in a teleprocessing system in which each user invokes a pre-stored procedure-transaction program-to handle transaction data and interacts directly with a large shared data base. Source: European Union. (references) |
Source: compiled by the editor from various references; see credits. | |
(From Wikipedia, the free Encyclopedia)
As an example, consider a typical banking operation, moving $500 from your savings account to your checking account. This seems like a single operation to the user, but in fact consists of two: debiting the savings account by $500, and crediting the checking account by $500. Imagine what would happen if the debit operation succeeded and the credit did not, $500 would disappear.
Transaction processing systems allow these two operations to be "grouped" into a single transaction, so these sorts of problems cannot occur. They do this by making copies of the data in question, and then running the operations on the copied data. When both commands have successfully completed, the changed data is written back to the system in a single operation. If either operation failed, the copied data is simply discarded, and an error is reported. This desirable property is called atomicity, and is one of the desirable ACID transaction properties.
For many years transaction processing was the domain of the database management system, making sure that any changes to the database were complete. This worked well for most applications, many users could all run on top of a single client-server database.
In more recent years this model has become considerably more difficult to maintain. As the number of transactions grew in response to various online services, a single database was no longer a practical solution. In addition most online systems consist of a whole suite of programs operating together, as opposed to a strict client-server model where the single server could handle the transaction processing. Today a number of transaction processing systems are available that work at the inter-program level.
See also: Database transaction
Source: adapted by the editor from Wikipedia, the free encyclopedia under a copyleft GNU Free Documentation License (GFDL) from the article "Transaction processing."
Crosswords: TRANSACTION PROCESSING |
| Specialty definitions using "TRANSACTION PROCESSING": information management system ♦ OLTP, On-Line Transaction Processing ♦ System R ♦ terminal control process, TPF, Transaction Processing Facility. (references) |
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Source: compiled by the editor from various references; see credits. | |
| Subject | Topic | Quote |
Economic History | Norway | These services are driving the demand for secure transaction processing software. (references) |
Switzerland | Software solutions which aim at increasing productivity, automating transaction processing, and labor-saving operations are in great demand. (references) | |
India | Platforms such as Intel / Windows NT / Unix, emerged as popular choices for integrating the functions and departments of organizations as these also promise extremely high transaction processing rates. (references) | |
Source: compiled by the editor from ICON Group International, Inc.; see credits. | ||
Expression using "TRANSACTION PROCESSING": transaction Processing Facility. Additional references. | |
| Source: compiled by the editor from various references; see credits. |
| The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com. |
| Language | Translations for "TRANSACTION PROCESSING"; alternative meanings/domain in parentheses. | ||||||||||||||||||||||
Danish | transaktionsorienteret drift (transaction-orientated processing, transaction-oriented processing). (various references) | ||||||||||||||||||||||
Dutch | transactieverwerking (transaction-orientated processing, transaction-oriented processing), transactiegewijze verwerking (transaction-orientated processing, transaction-oriented processing). (various references) | ||||||||||||||||||||||
Finnish | tapahtumakäsittely (transaction-orientated processing, transaction-oriented processing). (various references) | ||||||||||||||||||||||
French | mode transactionnel (transaction-orientated processing, transaction-oriented processing). (various references) | ||||||||||||||||||||||
German | Dialogverarbeitung. (various references) | ||||||||||||||||||||||
Greek | επεξεργασία διεκπεραίωσης (transaction-orientated processing, transaction-oriented processing). (various references) | ||||||||||||||||||||||
Italian | modo transazionale (transaction-orientated processing, transaction-oriented processing), modo per transazione (transaction-orientated processing, transaction-oriented processing). (various references) | ||||||||||||||||||||||
Pig Latin | ansactiontray ocessingpray modo transaccional (transaction-orientated processing, transaction-oriented processing). (various references) proceso de transacción (transaction-orientated processing, transaction-oriented processing). (various references) transaktionsbehandling (transaction-orientated processing, transaction-oriented processing). (various references) | ||||||||||||||||||||||
Scrabble® Enable2K-Verified Anagrams | |
| Words within the letters "a-a-c-c-e-g-i-i-n-n-n-o-o-p-r-r-s-s-s-t-t" | |
-5 letters: procrastinations. | |
| Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro. | |
| 1. Crosswords 2. Usage: Commercial 3. Quotations: Non-fiction 4. Expressions | 5. Expressions: Internet 6. Translations: Modern 7. Anagrams 8. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
