Transactions define a boundary: anything (and everything) inside a transaction is either guaranteed to fail or succeed. Imagine a bank transfer from one bank to another. If you think of the steps involved, they are as follows:
Some amount is withdrawn from a bank account.
The same amount is deposited in another bank account.
One cannot exist without the other: both actions must either occur or neither of them can occur in isolation.
Transactions have what is commonly referred to as the ACID properties. This acronym is explained in the following sections.