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 and Etymology 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
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>
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