transact

verb

trans·act | \ tran-ˈzakt

, tran(t)-ˈsakt

transacted; transacting; transacts

Definition of transact

transitive verb

1 : to carry to completion transact a sale

2 : to carry on the operation or management of : do transact business

intransitive verb

: to carry on business

Other Words from transact More Example Sentences Learn More about transact

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Examples of transact in a Sentence

We had some important business to transact with our distributors. transact a real estate deal

Recent Examples on the Web

At the moment, both Chinese giants are hustling to find more ways for people to transact using their wallet and not the other’s. — Raymond Zhong, New York Times, "Worried About Big Tech? Chinese Giants Make America’s Look Tame," 31 May 2018 But as criminals increasingly transact across borders, the financial cops have shared know-how with their overseas peers, including authorities in the U.K., Hong Kong and Australia. — Andrea Tan, Bloomberg.com, "Singapore Pledges Crackdown on White-Collar Crime," 18 Jan. 2018 Would-be borrowers with at least several hundred dollars in their accounts, who have had the accounts for a while and who transact frequently and don’t overdraw are likely to see their scores rise, FICO said. — Annamaria Andriotis, WSJ, "FICO Plans Big Shift in Credit-Score Calculations, Potentially Boosting Millions of Borrowers," 21 Oct. 2018 Buyers can grant power of attorney to a lawyer to represent them at the closing and finalize the deal, which is transacted in the local currency. — New York Times, "House Hunting in … Nicaragua," 2 May 2018 The first is a decentralized database that maps people’s phone numbers to public encryption keys, alphanumeric strings required for transacting in cryptocurrency. — Robert Hackett, Fortune, "Ex-GoDaddy Execs Raise $6.5 Million for Cheap, Android Phone-Friendly Blockchain," 22 June 2018 Of course a northern Ohio fake-ID manufacturing ring operating on Reddit would prefer to transact in bitcoin. — Erin Griffith, WIRED, "The Dark Side of the Crypto Revolution," 17 June 2018 So the promise that the government’s going to give you a currency that’s free to transact in society, that’s a broken promise. — Recode Staff, Recode, "Full transcript: Chain CEO Adam Ludwin answers cryptocurrency questions on Too Embarrassed to Ask," 14 Mar. 2018 Agents and clients transact business through its smartphone application. — Hudson Sangree, sacbee, "Do you need to pay all that money to a real estate agent? Upstart firms say no," 12 Feb. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'transact.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.