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transaction processing

   Also found in: Acronyms, Wikipedia 0.48 sec.

transaction processing

Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly. At any given moment, someone may need an inventory balance, an account balance or the total current value of a financial portfolio. Also called "online transaction processing" (OLTP), the OLTP market is a demanding one, often requiring 24x7 operation and the most reliable computers and networks.

A manual example of transaction processing would be that every time you purchased an item, you added the amount paid to a running total. Contrast with "batch processing," which means that you save all receipts in a drawer and add them up at the end of the year for taxes. See two-phase commit, mission critical, industrial strength and fault tolerant.



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has announced an alliance to co-develop a Linux-based high performance, highly reliable, transaction processing system on Hitachi's integrated service platform 'BladeSymphony.
a leader in high performance transaction processing software for global enterprises, today announced the appointment of Doug Doyle as vice president of worldwide marketing.
It also beats the IBM x440 eight-way server results, which were withdrawn from the Transaction Processing Performance Council.
 
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Transaction log
Transaction Log File
Transaction logic
Transaction Management Module
Transaction Management Object
Transaction Management Support for Cooperative Applications
Transaction manager
Transaction manager
Transaction manager
Transaction Manager Application Response Time
Transaction Master Inquiry Report
transaction monitor
Transaction Monitor Tool Set
Transaction Monitoring Facility
Transaction Name Group
Transaction Network Services Inc.
Transaction Number
Transaction of a society
Transaction Oriented Protocol
Transaction Partner Identifier
Transaction Period
Transaction Portion Component Protion Interface
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Transaction privilege tax
transaction processing
Transaction Processing Activity
Transaction Processing Council Ad-hoc/decision support benchmark
Transaction Processing Council benchmark A
Transaction Processing Council Type D
Transaction Processing Executive
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Transaction Processing Facility
Transaction Processing Facility
Transaction Processing Full Conformance Stack #2
Transaction Processing Language
Transaction Processing Management System
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Transaction Processing Module
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Transaction processing monitor
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