Is'nt that transaction time?! Transaction AN action performed by the user execution of an online application Examples: Login is a transaction check email is another transaction browse for particular produt category is another transaction. purchase something online is another transaction!
Transaction measure the time which takes for the server to respond to task submitted by the vuser.
Transaction monitors the time taken by the application in executing the block of statement it measures the time taken by the server to respond to task submitted by vuser.
Technically a transaction can be a lot of things. It can be the communication (request & response) between a user and the application between two applications between the application and the network between the application and the host server etc.
Or in very simple terms submitting a request and obtaining a response.
