A transceiver is a combination transmitter/receiver in a single package.

The
term applies to wireless communications devices such as cellular telephones,
cordless telephone sets, handheld two-way radios, and mobile two-way
radios.
Examples
Long Range Wireless Transceiver Module
The LT Series transceiver is ideal for the low-cost, bi-directional wireless
transfer of serial data, control, and command information in the favorable
260 to 470MHz band. Thanks to an advanced, synthesized architecture, this
RF transceiver can form a reliable wireless link capable of transferring data
at rates of up to 10,000bps over distances of up to 3,000 feet (1,000m).
The LT Series is a single channel On-Off Key (OOK) RF transceiver only. There
is no processor or protocol embedded inside the module, so no configuration
or programming is required. This transceiver module is just the radio, so all
protocol functions are handled outside the module. This allows the designer
to create a system that is specifically tuned for the application, with no extra
overhead, power consumption or cost above what is absolutely necessary.
The wireless transceiver is capable of generating +10dBm into a 50-ohm
load and achieves an outstanding typical sensitivity of -112dBm. The
modules operate over a 2.1 to 3.6VDC range and feature very low power
consumption, a wide operational temperature range, adjustable transmitter
power, and RSSI output. As with all Linx RF modules, no external RF
components are required (except an antenna), which allows rapid
integration, even by engineers without previous RF design experience.
The LT Series is compatible with the LR Series transmitter and receiver, so
mixed systems are possible. This allows for systems with transmit-only or
receive-only devices to use the lower cost LR Series while more complicated
base-stations use the transceiver.
These RoHS-compliant modules are housed in a tiny SMD package that are
well-suited to both prototyping and high-volume production.
Benefits

Attain longer range: send and receive digital data up to 3,000 feet (914
meters) away when used with another LT Series wireless transceiver or LR
Series module

Integrate with ease: simple hardware configuration lets you transfer

raw data without protocol constraints or the need for user programming

Save power: low current consumption compared to competing wireless

modules extends battery life

Simplify design: modules and antennas are the only RF components

you need to make your product wireless; no tuning required

Diagram Understanding

Sensor transceiver

Wireless Transceiver Circuits: System Perspectives and Design Aspects

Summary
Modern transceiver systems require diversified design aspects as various
radio and sensor applications have emerged. Choosing the right architecture
and understanding interference and linearity issues are important for multistandard cellular transceivers and software-defined radios. A millimeter-wave
complementary metaloxidesemiconductor (CMOS) transceiver design for
multi-Gb/s data transmission is another challenging area. Energy-efficient
short-range radios for body area networks and sensor networks have
recently received great attention. To meet different design requirements,
gaining good system perspectives is important.
Wireless Transceiver Circuits: System Perspectives and Design
Aspects offers an in-depth look at integrated circuit (IC) design for modern
transceiver circuits and wireless systems. Ranging in scope from system
perspectives to practical circuit design for emerging wireless applications,
this cutting-edge book:

Provides system design considerations in modern transceiver design

Covers both systems and circuits for the millimeter-wave transceiver

design

Introduces four energy-efficient short-range radios for biomedical and

wireless connectivity applications

Emphasizes key building blocks in modern transceivers and

transmitters, including frequency synthesizers and digital-intensive phase
modulators

Featuring contributions from renowned international experts in industry and

academia, Wireless Transceiver Circuits: System Perspectives and
Design Aspects makes an ideal reference for engineers and researchers in
the area of wireless systems and circuits.