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A database transaction symbolizes a unit of work, performed within a database management system (or similar system) against a database, that is treated in a coherent and reliable way independent of other transactions. A transaction generally represents any change in a database. Transactions in a database environment have two main purposes:
A database is an organized collection of data. Databases offer fast retrieval times for non-structured requests as in a typical transaction processing application. Databases for transaction processing may be constructed using hierarchical, network, or relational structures. Hierarchical structure: organizes data in a series of levels.
Transactional database may refer to: Operational database of customer transactions; Database transaction - a transactional database could be one that is ACID ...
For example, transaction A may access portion X of the database, and transaction B may access portion Y of the database. If at that point, transaction A then tries to access portion Y of the database while transaction B tries to access portion X, a deadlock occurs, and neither transaction can move forward. Transaction-processing systems are ...
The term "transaction" can have two different meanings, both of which might apply: in the realm of computers or database transactions it denotes an atomic change of state, whereas in the realm of business or finance, the term typically denotes an exchange of economic entities (as used by, e.g., Transaction Processing Performance Council or commercial transactions.
A database transaction is a unit of work, typically encapsulating a number of operations over a database (e.g., reading a database object, writing, acquiring or releasing a lock, etc.), an abstraction supported in database and also other systems. Each transaction has well defined boundaries in terms of which program/code executions are included ...
The CAP theorem is based on three trade-offs, one of which is "atomic consistency" (shortened to "consistency" for the acronym), about which the authors note, "Discussing atomic consistency is somewhat different than talking about an ACID database, as database consistency refers to transactions, while atomic consistency refers only to a property of a single request/response operation sequence.
In economics, a transaction cost is a cost incurred when making an economic trade when participating in a market. [ 1 ] The idea that transactions form the basis of economic thinking was introduced by the institutional economist John R. Commons in 1931.