Transport vs. CD Player ???

I just don't know the difference between a Transport and a CD Player ? What's a DAC and when would you need one ? I'm obviously new to High End Audio and need a little direction.
I Never need in transport. The best way - good CD player with uncompromising, exhausting sound. Alexander
The Balanced Audio Technology VK-D5 and the Meridian 508.24 are both excellent CD Integrated players. The Meridian 508.20 on the used market is another option. At this point in time, I suggest you consider an integrated CD Player (all in one box and not 2). Good luck..
Go to It's a learning experience that will save you money. To answer your specific question go to "Upsamplers" and read...
Subscribe to Stereophile and The Absolute Sound. FIRST, READ BOB HARLEY'S "COMPLETE GUIDE TO HIGH END AUDIO".