English Lexicon

Transact

/trænˈzækt/
verbCEFR B2 (Upper)Top #2500 frequency
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Comprehensive Definitions & Senses

2 senses
As verb
  1. 1

    To conduct or carry out business, negotiations, or an exchange of goods and services.

    "The two companies agreed to transact business directly without intermediaries."
  2. 2

    To perform or complete a specific financial operation or account transfer.

    "Customers can securely transact online using the new digital platform."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

Derived from the Latin transact-, past participle of transagere, meaning 'to drive through, carry through, or accomplish.' It combines trans- ('across, through') and agere ('to do, drive'). Entering English in the 17th century, it shifted from a general sense of completing an action to specifically denote conducting business or financial exchanges.

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