Usually means: Execution of business data exchanges.
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We found 8 dictionaries that define the word Transaction processing:

General (3 matching dictionaries)
  1. transaction processing: Longman Dictionary of Contemporary English
  2. transaction-processing: Wordnik
  3. Transaction processing: Wikipedia, the Free Encyclopedia

Business (2 matching dictionaries)
  1. BusinessDictionary.com (No longer online)

Computing (3 matching dictionaries)
  1. Transaction Processing: Linktionary Networking Glossary
  2. Webopedia (No longer online)
  3. transaction processing: Encyclopedia

Definitions from Wikipedia (Transaction processing)

noun:  In computer science, transaction processing is information processing that is divided into individual, indivisible operations called transactions.

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