transact

verb
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

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Other Words from transact

transactor \ tran-​ˈzak-​tər How to pronounce transact (audio) , tran(t)-​ˈsak-​tər \ noun

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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First Known Use of transact

circa 1585, in the meaning defined at intransitive sense

History and Etymology for transact

Latin transactus, past participle of transigere to drive through, complete, transact, from trans- + agere to drive, do — more at agent

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Time Traveler for transact

Time Traveler

The first known use of transact was circa 1585

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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 26 Jan. 2021.

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More Definitions for transact

transact

verb
How to pronounce transact (audio) How to pronounce transact (audio)

English Language Learners Definition of transact

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

transact

verb
trans·​act | \ tran-ˈzakt How to pronounce transact (audio) \
transacted; transacting

Kids Definition of transact

: to carry on : manage, conduct transacting business
trans·​act | \ tran-ˈzakt, -ˈsact How to pronounce transact (audio) \

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

More from Merriam-Webster on transact

Thesaurus: All synonyms and antonyms for transact

Nglish: Translation of transact for Spanish Speakers

Comments on transact

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