transact

verb

trans·​act tran-ˈzakt  tran(t)-ˈsakt 

transacted; transacting; transacts

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

transactor

tran-ˈzak-tər 

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

Ultimately, artificial agents should be transacting in the world’s most secure and sound money. —Korok Ray, Forbes, 10 Dec. 2024

More than $1 trillion dollars in advertising will be transacted globally this year, according to a new forecast. —Axios, 9 Dec. 2024

During the second quarter, our customers exhibited more discretion in their spending, which pressured our sales even as customers transacted more frequently. —David Moin, WWD, 10 Oct. 2024

The new rules will also impact businesses transacting with SMEs. —Aleksandra Bal, Forbes, 8 Dec. 2024

Word History

Etymology

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

First Known Use

circa 1585, in the meaning defined at intransitive sense

Kids Definition

transact

verb

trans·​act tran(t)s-ˈakt  tranz- 

1

: to carry through

transact a sale of property

2

: conduct entry 2 sense 2, carry on

transact business

transactor

-ˈak-tər 

noun

Legal Definition

transact

intransitive verb

trans·​act tran-ˈzakt, -ˈsact 

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