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

About 40% of the market is now traded on dark venues, where prices are not displayed and a subset of investors can transact privately with buyers or sellers. — Stacey Cunningham, WSJ, "We’re Suing the SEC to Protect the Stock Market," 14 Feb. 2019 Bitcoin, unveiled about 10 years ago by a person or people using the pseudonym Satoshi Nakamoto, is a digital currency that exists on a computer network that allows users to transact directly with each other, cutting out traditional middlemen. — Paul Vigna, WSJ, "Crypto Pioneer David Chaum Says He’s Built a Better Bitcoin," 19 Sep. 2018 Anonymity is evaporating as people transact on big, centralized exchanges that collect detailed user data—and provide it to government investigators. — Bradley Hope, WSJ, "The Man Who Solved Bitcoin’s Most Notorious Heist," 10 Aug. 2018 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

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.