The desire for conducting or meeting day-to-day transactions is referred to as transaction demand for money. This motive can be viewed from the perspective of consumers, who require money to carry out their daily business operations, i.e., income motive, and businesspeople, who require money to carry out their daily business activities, i.e., a commercial motive In the context of current individual and business unit transactions, the transaction motive relates to the demand for money. People earn money at different times of the year, but they consume the same amount throughout the year. People are more prone to keep money for transactional purposes as a result of this.