A transaction processor (TP) is the software component residing on each computer that stores and retrieves data located at the site.

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A transaction processor (TP) is primarily responsible for processing transactions in a distributed system, rather than specifically storing and retrieving data located on the computer where it resides. It facilitates the execution of transactions, ensuring they are completed successfully and securely, often across multiple databases or systems.

A Transaction Processor (TP) Is the Software Component Residing on Each