It is correct and usable in written English.
You can use it when referring to a type of business relationship that is based on two or more parties completing transactions with one another. For example, "This company has a long-standing transaction relationship with its suppliers, ensuring a steady supply of materials."
For small producers, the cooperative offers a safe transaction relationship, and they gain from an improved bargaining position.
Obviously, being in debt is more like a transaction relationship maintained on the basis of relational contracts by constantly adjusting itself in some way.
Consumers eventually decide to terminate the transaction relationship with the shopping website after a complete consideration to the costs and benefits as other shopping websites provide better profits.
The notion of a replacement cycle, which I'll borrow from Michael Mauboussin, is an important consideration here, particularly in a high volume, low frequency transaction relationship such as consumer lending.
Therefore for transaction relationships between acquaintances, the trust mechanism is not generally established on the basis of strict contract relations.
For enterprises in communities (Zhe and Chen 2004), this behavior is taken for granted as the reason that contract constraints between transaction subjects have been softened compared to transaction relationships in an unfamiliar environment.
The foundation of every effective client-agency partnership is relationships, not transactions -- relationships built upon a foundation of collaboration, trust that is earned and never presumed and complete transparency.
The alluring argument is that, because both parties are consenting to sex as a low-stakes transaction, the relationship could function as a sort of trial run for a "real" relationship, wherein both parties are equals. .
Confusing the two is the difference between a transaction and relationship.
the identity and address of participants in a transaction or relationship.
In clause (2), the words "to the transaction or relationship" are omitted as surplus.
