In a Symmetric group, a transposition is a permutation which has the effect of swapping two elements while leaving everything else unchanged. More formally, it is a permutation of order 2 which fixes all but two elements.
%%%knows-requisite(Cycle type of a permutation): A transposition is precisely an element with cycle type 2. %%%
Example
In S5, the permutation (12) is a transposition: it swaps 1 and 2 while leaving all three of the elements 3,4,5 unchanged. However, the permutation (124) is not a transposition, because it has order 3, not order 2.