Simple Definition of transact
: to do (business) with another person, company, etc.
Examples of transact in a sentence
We had some important business to transact with our distributors.
transact a real estate deal
Origin of transact
Latin transactus, past participle of transigere to drive through, complete, transact, from trans- + agere to drive, do — more at agent
First Known Use: circa 1585
Rhymes with transact
abstract, attract, class act, compact, contact, contract, crookbacked, detract, didact, diffract, distract, enact, entr'acte, epact, exact, extract, humpbacked, hunchbacked, impact, infract, intact, mossbacked, playact, protract, react, redact, refract, retract, sex act, subtract, swaybacked, unbacked
TRANSACT Defined for Kids
Legal Definition of transact
1 : to carry on business
2 in the civil law of Louisiana : to settle a dispute by a transaction
1 : to carry to completion <transact a sale>
2 : to carry on the operation or management of <transact business>
Seen and Heard
What made you want to look up transact? Please tell us where you read or heard it (including the quote, if possible).