Transact

/trænˈzækt/

Meaning & Definition

verb

To carry out or conduct business or negotiations.

The two companies plan to transact a merger by the end of the month.

To carry out or perform a transaction.

I need to transact a payment for the invoice issued last week.

To do or perform something, typically in a formal or official manner.

The committee will transact its regular business during the meeting tomorrow.

To effect a trade or exchange.

We were able to transact the sale of the property smoothly.

From Latin 'transactio', meaning 'a conducting' or 'an achievement'.

transact business

To engage in business activities to achieve commercial goals.

transact a deal

To finalize an agreement or arrangement in business.

transact a transaction

To carry out a specific exchange or transfer in business.

transaction

The act of conducting business or an exchange.

contract

A written or spoken agreement, especially one concerning employment, sales, or tenancy.

commerce

The activity of buying and selling, especially on a large scale.

To make a deal.

We need to transact on this idea before it gets away.

To do business.

Let's transact some business and get this project rolling.