"Transactional model of communication" occurs when both the communicator and receiver considers the unique worth of the other party and tries to understand what the other is communicating.
Transactional model of communication is a collaborative exchange of messages between communicators with the aim of understanding each other. The communicators involved in the exchange of messages is a sender and a receiver such as human beings, robots etc.
In a transactional model, both the sender and receiver are interdependent with each other because there must be a sender of a message and a recipient (receiver) of the message that was sent for communication to occur.
Generally, the communicators in a transactional model typically interchange roles and as such a feedback is always guaranteed.
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