transact

American  

[tran-sakt, -zakt] / trænˈsækt, -ˈzækt /

verb (used with object)

1. to carry on or conduct (business, negotiations, activities, etc.) to a conclusion or settlement.

   Synonyms:

   negotiate, manage, settle, conclude, enact

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verb (used without object)

1. to carry on or conduct business, negotiations, etc..

   He was ordered to transact only with the highest authorities.

transact British  

/ trænˈzækt /

verb

1. to do, conduct, or negotiate (business, a deal, etc)

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Related Words

See perform.

Other Word Forms

• pretransact
  verb (used with object)
• transactor
  noun
• untransacted
  adjective

Etymology

Origin of transact

First recorded in 1575–85; from Latin trānsāctus (past participle of trānsigere “to carry out, accomplish”), equivalent to trāns- “across, beyond, through” + ag(ere) “to drive, lead” + -tus past participle suffix; see trans-

Explanation

The verb transact is almost always used with the word "business." To transact business is to conduct it, as when a shopkeeper sells groceries to a customer. All kinds of business owners and workers transact business, just by following their usual routines of selling, buying, investing, trading, or anything else they do to carry out their work. Shoppers also participate in transacting business — a purchase can also be called a transaction. The Latin root word, transactus, means "to drive through or accomplish."

Example Sentences

Blackboard has expanded offerings to include a messaging service called Blackboard Connect and Blackboard Transact, a payment product that allows college students to use their identification cards for purchases on and off campus.

From BusinessWeek • Jul. 1, 2011

All Elie de Beaumont's arguments are admirably controverted by Prof. A. Geikie in his essay in Transact.

From The formation of vegetable mould through the action of worms, with observations on their habits by Darwin, Charles

Transact, trans-akt′, v.t. to manage: to perform.—v.i. to manage anything.—ns.

From Chambers's Twentieth Century Dictionary (part 4 of 4: S-Z and supplements) by Various

Transact your business, and don't interfere with me; the country is wide enough for us both.

From In the Heart of Africa by Baker, Samuel White, Sir

Transact your business, and don't interfere with me: the country is wide enough for us both.

From The Albert N'Yanza, Great Basin of the Nile by Baker, Samuel White, Sir