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

Keep scrolling for more

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 What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party. Daniel Tenreiro, National Review, "Good for Coinbase, Bad for Crypto," 15 Apr. 2021 Executives need to have a plan and a vision for why their company should transact with a SPAC. Nina Trentmann, WSJ, "When SPACs Come Calling, 5 Things a Startup CFO Needs to Know," 29 Mar. 2021 By having the power to formally authenticate a piece of digital media, creators have full ownership of their virtual work and a place to monetize it, and can then directly transact with buyers without losing profits to an intermediary. Leena Kim, Town & Country, "WTF is an NFT—and Why Should We Care?," 25 Mar. 2021 Norwegian companies will have to figure out how to transact in a currency that their government cannot easily influence. Samanth Subramanian, Quartz, "Why the Norwegian krone could be the world’s first global currency," 4 Mar. 2021 Learning about proper security practices and how to transact crypto, as well as learning about the assets themselves, was a time consuming process. Benjamin Pirus, Forbes, "5 Things I Wish I Knew Before Getting Into Crypto," 27 Feb. 2021 Buyers and sellers now transact on third-party apps like WhatsApp and Telegram, which comes with significant risks. Grace Akinosun, Quartz, "Nigeria’s crypto startups and traders are still at the mercy of its central bank," 17 Mar. 2021 Moreover, the convenience of being able to transact business 24/7 from anywhere in the world is too good to give up. Kristin Savilia, Forbes, "What A Difference A Year Makes: The New Retail Reality Is Here," 3 Mar. 2021 East Africa’s biggest company by market value is plotting the evolution of its mobile-money payments platform M-Pesa, which allows its 27 million customers to transact without smartphones. Bella Genga, Bloomberg.com, "Kenya’s Mobile-Banking Pioneer to Expand into Money Management," 21 Dec. 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.

See More

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

Keep scrolling for more

Learn More about transact

Time Traveler for transact

Time Traveler

The first known use of transact was circa 1585

See more words from the same year

Statistics for transact

Last Updated

17 Apr 2021

Cite this Entry

“Transact.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transact. Accessed 12 May. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

Keep scrolling for more

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

More from Merriam-Webster on transact

Thesaurus: All synonyms and antonyms for transact

Nglish: Translation of transact for Spanish Speakers

Comments on transact

What made you want to look up transact? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

Star Wars Words Quiz

  • cu jedi training
  • The bounty portion of bounty hunters (such as Boba Fett) comes from a Latin word meaning
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Typeshift

Anagram puzzles meet word search.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!