verb (used with object)
to carry on or conduct (business, negotiations, activities, etc.) to a conclusion or settlement.
verb (used without object)
to carry on or conduct business, negotiations, etc.: He was ordered to transact only with the highest authorities.
Origin of transact
1575–85; < Latin trānsāctus (past participle of trānsigere to carry out, accomplish), equivalent to trāns- trans- + ag(ere) to drive, lead + -tus past participle suffix
1. See perform.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
to do, conduct, or negotiate (business, a deal, etc)
Word Origin for transact
C16: from Latin trānsactus, from trānsigere, literally: to drive through, from trans- + agere to drive
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
1580s, from Latin transactus, past participle of transigere "to drive through, accomplish" (see transaction). Related: Transacted; transacting.
Online Etymology Dictionary, © 2010 Douglas Harper