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 transactor (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

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 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

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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Statistics for transact

Last Updated

4 Mar 2019

Look-up Popularity

Time Traveler for transact

The first known use of transact was circa 1585

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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.

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

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More from Merriam-Webster on transact

Rhyming Dictionary: Words that rhyme with transact

Thesaurus: All synonyms and antonyms for transact

Spanish Central: Translation of transact

Nglish: Translation of transact for Spanish Speakers

Comments on transact

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