Their first significant transaction, an attempt to import televisions, failed.

But in a statement, the companies confirmed that they were "in discussions which may lead to a significant transaction."

A credit event occurs when a person or organization defaults on a significant transaction.

Under Northwest's bylaws, a shareholder who owned more than 20 percent of the company could veto decisions on significant transactions like mergers.

Many of the most significant transactions apparently were designed to accomplish favorable financial statement results, not to achieve bonafide economic objectives or to transfer risk.

Not everyday money, this currency was exchanged in the course of a significant social transaction such as marriage.

During the Fed's inception, the first significant transaction was that a bank would deposit their gold at the Fed.

Thomas Frist did not have any significant transactions.

Local real-estate agents said there have been a number of significant transactions of late in the immediate area.

He dealt extensively in inner-city real-estate, including some of the most significant transactions in Australian history.