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Information-transfer transaction
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{{no footnotes|date=January 2013}} A transaction is a change of state, an '''information-transfer transaction''' is a transaction in which one of the following changes occurs: content, ownership, location, format, etc. An information-transfer transaction usually consists of three consecutive phases called the [[access phase]], the [[information transfer]] phase, and the [[disengagement phase]]. Examples of these consecutive phases are the copying and transporting of information. Once a transaction occurs there are also costs to consider, which are associated with that certain transaction. When it comes to the transfer of information some [[transaction cost]]s include time and means (money).
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