Definition of transact in English:


Pronunciation /trɑːnˈsakt//tranˈsakt//trɑːnˈzakt//tranˈzakt/


  • Conduct or carry out (business)

    ‘traders transact business in the public exchange’
    no object ‘the dealer must know the price at which he is prepared to transact’
    • ‘In the past, experts have said that the only way to truly avoid the risks of currency fluctuation is to transact all international business in U.S. dollars.’
    • ‘The way business is transacted, government operates, and national defense is conducted have changed.’
    • ‘The programme aims to inform and advise consumers about the growing range of options for transacting their banking business enabled by new technology.’
    • ‘He said the show would give attendees the opportunity to interact, share views, transact business and work towards a low carbon economy.’
    • ‘Subsequently, more organizations can transact business online without large software applications or resources, constant upgrades, and/or system overhauls.’
    • ‘How would banks and building societies fare if it were not possible for customers to park within walking distance for just five minutes to transact their business?’
    • ‘You couldn't actually transact business there.’
    • ‘The daughter or daughters named on this account will have the power to write checks and transact other business, but upon your death, this account will pass under your will.’
    • ‘The Vatican is a largely Italian bureaucracy that spent centuries transacting business in parchment and wax seals.’
    • ‘It is suggested that Indian traders may be allowed to move only up to the nearest Bangladesh trading point where the Indian traders can transact business.’
    • ‘The youthful enthusiasm of putting up a web site and thinking that everything else will take care of itself has given way to the realization that e-business is about transacting business.’
    • ‘If you are interested in transacting business with us we will be glad.’
    • ‘The house did not transact any other business Saturday since all the members were required to sign the membership roll and would meet again on Monday to elect a speaker and deputy speaker.’
    • ‘This is not communism - businesses are free to transact business any way they want in a democratic society.’
    • ‘This Act currently allows the trust to transact business with its parent company, which is named, and any subsidiary or company associated with its parent company.’
    • ‘Another retail outlet reported 60% of Christmas business being transacted in the last three days prior to the holiday.’
    • ‘It happens on a daily basis, much to the distress of people who transact business there.’
    • ‘As the situation applies, individual shipping companies do not need a licence to transact business to and from Irish ports.’
    • ‘Also, there is the influence of the surrounding organizations which transact business with an organization.’
    • ‘He puts it bluntly: ‘If you don't transact business, your business would be null and void.’’
    negotiate, conduct, carry out, do, perform, execute, enact, manage, handle, organize, take care of, prosecute, work out, thrash out, hammer out, see to, administer, operate
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Late 16th century: from Latin transact- ‘driven through’, from the verb transigere, from trans- ‘through’ + agere ‘do, lead’.