Compensating Transactions
A transaction that reverses the effect of another transaction (that committed). For example,
- “Adjustment” in a financial system
- Annul a marriage
Not all transactions have complete compensations
- E.g. Certain money transfers (cf. “The Firm”)
- E.g. Fire missile, cancel contract
- Contract law has a lot to say about appropriate compensations
A well-designed TP application should have a compensation for every transaction type