Definition of transact in US English:



[with object]
  • Conduct or carry out (business).

    • ‘It happens on a daily basis, much to the distress of people who transact business there.’
    • ‘Also, there is the influence of the surrounding organizations which transact business with an organization.’
    • ‘As the situation applies, individual shipping companies do not need a licence to transact business to and from Irish ports.’
    • ‘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.’
    • ‘Subsequently, more organizations can transact business online without large software applications or resources, constant upgrades, and/or system overhauls.’
    • ‘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.’
    • ‘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?’
    • ‘If you are interested in transacting business with us we will be glad.’
    • ‘He puts it bluntly: ‘If you don't transact business, your business would be null and void.’’
    • ‘You couldn't actually transact business there.’
    • ‘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.’
    • ‘The programme aims to inform and advise consumers about the growing range of options for transacting their banking business enabled by new technology.’
    • ‘The way business is transacted, government operates, and national defense is conducted have changed.’
    • ‘The Vatican is a largely Italian bureaucracy that spent centuries transacting business in parchment and wax seals.’
    • ‘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.’
    • ‘He said the show would give attendees the opportunity to interact, share views, transact business and work towards a low carbon economy.’
    • ‘Another retail outlet reported 60% of Christmas business being transacted in the last three days prior to the holiday.’
    • ‘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.’
    • ‘This is not communism - businesses are free to transact business any way they want in a democratic society.’
    • ‘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.’
    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’.