verb \tran-ˈzakt, tran(t)-ˈsakt\

: to do (business) with another person, company, etc.

Full Definition of TRANSACT

intransitive verb
:  to carry on business
transitive verb
:  to carry to completion <transact a sale>
:  to carry on the operation or management of :  do <transact business>
trans·ac·tor \-ˈzak-tər, -ˈsak-tər\ noun

Examples of TRANSACT

  1. We had some important business to transact with our distributors.
  2. 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


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