transact

trans·act | \ tran-ˈzakt

How to pronounce transact (audio)

, tran(t)-ˈsakt

How to pronounce transact (audio)

\

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 Fidelity established Fidelity Digital Assets in 2018 and is considered a leader in enabling institutional investors to securely store and transact their digital asset investments such as Bitcoin. — Cheryl Hall, Dallas News, "Fidelity’s Abby Johnson is rich, powerful — and largely unknown," 13 Dec. 2020 The nearly six-year-old company billed itself as a technology provider and used an online platform to transact with property owners and tenants. — Chong Koh Ping And Jing Yang, WSJ, "A Chinese WeWork for Apartments Is in Distress, Leaving Renters Out in the Cold," 10 Dec. 2020 In many states, buyers had to transact with sellers at such wholesale markets where the intermediaries charge various fees. — Washington Post, "Why India’s farmers are in revolt in the middle of a pandemic," 4 Dec. 2020 Most of these ventures got a push as Indians opted to stay indoors and transact online to avoid contracting the virus. — Niharika Sharma, Quartz India, "The pandemic has pushed an online used car seller into India’s unicorn club," 24 Nov. 2020 When using the products, buyers and sellers agree to transact at wherever the price ends up at 2:30 pm on settlement days such as April 20, when the closing price for a monthly contract is determined. — Benjamin Bain, Bloomberg.com, "U.S. Oil-Crash Study to Avoid Blaming Traders as Probe Continues," 20 Nov. 2020 Democrats, livid over the speedy process, spurned the vote altogether and forced Republicans to bypass their own longstanding committee rules requiring at least two members of the minority to be present to transact business. — Nicholas Fandos, New York Times, "Republicans Advance Barrett’s Supreme Court Nomination as Democrats Boycott," 22 Oct. 2020 In 2018, Square also introduced the ability for people to transact in Bitcoin on Cash App. — Nathaniel Popper, New York Times, "When Your Last $166 Vanishes: ‘Fast Fraud’ Surges on Payment Apps," 11 Oct. 2020 The sin of Jesuit slavery did, indeed, pass on to Patrick Healy’s generation but unlike Mulledy, Healy did not transact a slave sale for the express purpose of benefiting Holy Cross. — Bryan Greene, Smithsonian Magazine, "Born Enslaved, Patrick Francis Healy ‘Passed’ His Way to Lead Georgetown University," 8 Sep. 2020

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.

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Dictionary Entries near transact

transaccidentation

transactional analysis

Statistics for transact

Last Updated

24 Dec 2020

Cite this Entry

“Transact.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transact. Accessed 24 Jan. 2021.

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More Definitions for transact

transact

verb

English Language Learners Definition of transact

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

See the full definition for transact in the English Language Learners Dictionary

transact

trans·act | \ tran-ˈzakt

\

transacted; transacting

Kids Definition of transact

: to carry on : manage, conduct transacting business

transact

intransitive verb

trans·act | \ tran-ˈzakt, -ˈsact

\

Legal Definition of transact

1 : to carry on business

2 in the civil law of Louisiana : to settle a dispute by a transaction

transitive verb

1 : to carry to completion transact a sale

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

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