Meaning & Definition of Transact in English

Detailed Definitions

• Definition: To conduct or carry out a business or transaction.

  Example Sentence: The company aims to transact its business efficiently.

• Definition: To carry on or negotiate a business affair.

  Example Sentence: They transact important deals with international partners.

• Definition: To transfer or exchange items or services.

  Example Sentence: The two parties agreed to transact the goods for cash.

Etymology

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

Synonyms

Common Phrases and Expressions

• 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.

Translations

• Spanish: transaccionar

• French: transiger

• German: abwickeln

• Russian: осуществлять сделку

Related Words

• 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.

Slang Meanings of transact

• Meaning: To make a deal.

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

• Meaning: To do business.

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